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For sale
  • Price cut: $4K (5/1)
    $255,000

    507 Bounty Ave NE, Palm Bay, FL 32907

    2beds
    1,241sqft
    : 
    Single Family Residence
    Built in 1974
    0.31 Acres Lot
    $249,000 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    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!
    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

        DateEventPrice
        5/1/2026Price change$255,000-1.5%$205/sqft
        Source: Space Coast AOR #1074788 Report a problem
        4/22/2026Pending sale$259,000$209/sqft
        Source: Space Coast AOR #1074788 Report a problem
        4/22/2026Contingent$259,000$209/sqft
        Source: Space Coast AOR #1074788 Report a problem
        4/16/2026Listed for sale$259,000+23.3%$209/sqft
        Source: Space Coast AOR #1074788 Report a problem
        4/30/2021Sold$210,000+5%$169/sqft
        Source: Space Coast AOR #898579 Report a problem
        3/20/2021Pending sale$200,000$161/sqft
        Source: Keller Williams #898579 Report a problem
        3/19/2021Listed for sale$200,000+57.5%$161/sqft
        Source: Keller Williams #898579 Report a problem
        3/9/2020Sold$126,999+0.7%$102/sqft
        Source: Space Coast AOR #866993 Report a problem
        2/11/2020Pending sale$126,111$102/sqft
        Source: Keller Williams Realty,Brevard #866993 Report a problem
        2/4/2020Listed for sale$126,111+5.1%$102/sqft
        Source: Keller Williams Realty,Brevard #866993 Report a problem
        8/7/2019Listing removed$120,000$97/sqft
        Source: Owner Report a problem
        7/23/2019Listed for sale$120,000-11.1%$97/sqft
        Source: Owner Report a problem
        1/25/2019Listing removed$135,000$109/sqft
        Source: Owner Report a problem
        10/16/2018Price change$135,000-10%$109/sqft
        Source: Owner Report a problem
        7/18/2018Price change$150,000+11.2%$121/sqft
        Source: Owner Report a problem
        6/21/2018Price change$134,900-3.6%$109/sqft
        Source: Owner Report a problem
        3/15/2018Price change$139,900-0.1%$113/sqft
        Source: Owner Report a problem
        2/23/2018Price change$140,000+16.7%$113/sqft
        Source: Owner Report a problem
        11/8/2017Listed for sale$120,000+69%$97/sqft
        Source: Owner Report a problem
        11/16/2015Sold$71,000-5.1%$57/sqft
        Source: Space Coast AOR #737746 Report a problem
        10/20/2015Price change$74,777-6.3%$60/sqft
        Source: Waterman Real Estate, Inc. #737746 Report a problem
        10/5/2015Price change$79,777-3.3%$64/sqft
        Source: Waterman Real Estate, Inc. #737746 Report a problem
        9/4/2015Price change$82,500-2.4%$66/sqft
        Source: Waterman Real Estate, Inc. #737746 Report a problem
        8/19/2015Price change$84,500-0.5%$68/sqft
        Source: Waterman Real Estate, Inc. #737746 Report a problem
        8/7/2015Listed for sale$84,900$68/sqft
        Source: Waterman Real Estate, Inc. #737746 Report a problem

        Public tax history

        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: 32907

          Getting around

          1 / 100
          Car-Dependent
          37 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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