Welcome to 507 Bounty Avenue in Palm Bay, where style, comfort, and an incredible backyard come together! This beautifully remodeled 2-bedroom, 1.5-bath home features an oversized, fully fenced backyard that truly sets it apart. Step outside to your private outdoor oasis complete with a charming, thoughtfully designed patio, perfect for entertaining, relaxing, or enjoying Florida evenings under the shade sails. Whether you're hosting gatherings or unwinding after a long day, this backyard offers endless possibilities and rare space you won't often find at this price point. Inside, the home boasts a bright open floor plan with modern finishes throughout, creating a seamless flow between living, dining, and kitchen spaces. The fully updated kitchen offers plenty of storage, including a spacious pantry, along with the convenience of an indoor laundry area. Fully remodeled in 2021, this home offers peace of mind with major upgrades including roof, AC, air handler, and electrical, all completed in 2021, plus a tankless water heater for energy efficiency.
Located in a highly desirable area, you'll enjoy quick access to I-95, L3Harris, and Florida Institute of Technology, with the beach just a short 15-minute drive away. Nearby shopping, dining, and everyday conveniences make this location ideal. Outdoor enthusiasts will love being just minutes from the Malabar Scrub Sanctuary, offering scenic trails, biking paths, and kayak access at the end of the neighborhood.
This home perfectly combines modern upgrades, an unbeatable backyard, and a prime location. Don't miss your opportunity to make it yours!
For sale
Price cut: $4K (5/1)
$255,000
507 Bounty Ave NE, Palm Bay, FL 32907
2beds
1,241sqft
Est.:
Single Family Residence
Built in 1974
0.31 Acres Lot
$249,000 Zestimate®
$205/sqft
$-- HOA
What's special
- 19 days |
- 1,373 |
- 132 |
Zillow last checked:
Listing updated:
Listed by:
Tina Batista 321-537-7584,
One Sotheby's International
Source: Space Coast AOR,MLS#: 1074788
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
- Laundry: Electric Dryer Hookup, In Unit, Lower Level, Washer Hookup
Features
- Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,241 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Fire Pit, Storm Shutters
- Fencing: Back Yard,Wood
Lot
- Size: 0.31 Acres
- Features: Other
Details
- Additional parcels included: 2844953
- Parcel number: 283734Ft00102.00009.00
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 6
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $175,110
- Annual tax amount: $2,385
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$249,000
$237,000 - $261,000
$1,693/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $255,000-1.5%$205/sqft |
Source: Space Coast AOR #1074788 Report a problem | ||
| 4/22/2026 | Pending sale | $259,000$209/sqft |
Source: Space Coast AOR #1074788 Report a problem | ||
| 4/22/2026 | Contingent | $259,000$209/sqft |
Source: Space Coast AOR #1074788 Report a problem | ||
| 4/16/2026 | Listed for sale | $259,000+23.3%$209/sqft |
Source: Space Coast AOR #1074788 Report a problem | ||
| 4/30/2021 | Sold | $210,000+5%$169/sqft |
Source: Space Coast AOR #898579 Report a problem | ||
| 3/20/2021 | Pending sale | $200,000$161/sqft |
Source: | ||
| 3/19/2021 | Listed for sale | $200,000+57.5%$161/sqft |
Source: | ||
| 3/9/2020 | Sold | $126,999+0.7%$102/sqft |
Source: Space Coast AOR #866993 Report a problem | ||
| 2/11/2020 | Pending sale | $126,111$102/sqft |
Source: Keller Williams Realty,Brevard #866993 Report a problem | ||
| 2/4/2020 | Listed for sale | $126,111+5.1%$102/sqft |
Source: Keller Williams Realty,Brevard #866993 Report a problem | ||
| 8/7/2019 | Listing removed | $120,000$97/sqft |
Source: Owner Report a problem | ||
| 7/23/2019 | Listed for sale | $120,000-11.1%$97/sqft |
Source: Owner Report a problem | ||
| 1/25/2019 | Listing removed | $135,000$109/sqft |
Source: Owner Report a problem | ||
| 10/16/2018 | Price change | $135,000-10%$109/sqft |
Source: Owner Report a problem | ||
| 7/18/2018 | Price change | $150,000+11.2%$121/sqft |
Source: Owner Report a problem | ||
| 6/21/2018 | Price change | $134,900-3.6%$109/sqft |
Source: Owner Report a problem | ||
| 3/15/2018 | Price change | $139,900-0.1%$113/sqft |
Source: Owner Report a problem | ||
| 2/23/2018 | Price change | $140,000+16.7%$113/sqft |
Source: Owner Report a problem | ||
| 11/8/2017 | Listed for sale | $120,000+69%$97/sqft |
Source: Owner Report a problem | ||
| 11/16/2015 | Sold | $71,000-5.1%$57/sqft |
Source: Space Coast AOR #737746 Report a problem | ||
| 10/20/2015 | Price change | $74,777-6.3%$60/sqft |
Source: Waterman Real Estate, Inc. #737746 Report a problem | ||
| 10/5/2015 | Price change | $79,777-3.3%$64/sqft |
Source: Waterman Real Estate, Inc. #737746 Report a problem | ||
| 9/4/2015 | Price change | $82,500-2.4%$66/sqft |
Source: Waterman Real Estate, Inc. #737746 Report a problem | ||
| 8/19/2015 | Price change | $84,500-0.5%$68/sqft |
Source: Waterman Real Estate, Inc. #737746 Report a problem | ||
| 8/7/2015 | Listed for sale | $84,900$68/sqft |
Source: Waterman Real Estate, Inc. #737746 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,533 +1.8% | $175,110 +2.4% |
| 2023 | $2,490 +4.1% | $171,070 +3% |
| 2022 | $2,391 +8.8% | $166,090 +56.3% |
| 2021 | $2,198 +230.5% | $106,290 +64.2% |
| 2020 | $665 -19.4% | $64,720 +2.3% |
| 2019 | $825 | $63,270 +1.9% |
| 2018 | $825 +0.4% | $62,100 +2.1% |
| 2017 | $822 -3.6% | $60,830 +0% |
| 2016 | $852 -0.1% | $60,810 +16.7% |
| 2015 | $853 -31.1% | $52,130 +18.9% |
| 2014 | $1,238 | $43,860 +10% |
| 2013 | -- | $39,880 +9.3% |
| 2012 | $277 -19.4% | $36,480 -7% |
| 2011 | $343 -39.3% | $39,240 -26.7% |
| 2010 | $566 +5.9% | $53,560 -18.4% |
| 2009 | $534 +7% | $65,640 -30.5% |
| 2008 | $499 +1.3% | $94,400 -16.9% |
| 2007 | $492 +0.2% | $113,600 +22% |
| 2005 | $491 -3.2% | $93,120 +42.3% |
| 2004 | $508 -1.4% | $65,460 +12% |
| 2003 | $515 +4.8% | $58,450 +7.3% |
| 2002 | $492 +4.1% | $54,480 +14.2% |
| 2001 | $472 +2.4% | $47,690 +4.8% |
| 2000 | $461 | $45,490 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,573/mo
Principal & interest
$1261
Property taxes
$312
More affordability tools
Climate risks
Neighborhood: 32907
Nearby schools
GreatSchools rating
- 3/10Port Malabar Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 2.8 mi
- 2/10Stone Magnet Middle SchoolGrades: 7-8Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Port Malabar
- Middle: Stone
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Brevard County
- Palm Bay
- 32907
- 507 Bounty Ave NE






