Recently Listed Open House 4/18 3pm - 5pm
507 Bounty Avenue NE
Palm Bay, FL, 32907 $ 259,000
Bedrooms2 Baths1.1 Sq 1,241 Monthly Estimate*
$ 1,595
for $259,000 with 2 bedrooms and 1 full bath, 1 half bath. This 1,241 square foot home was built in 1974 on a lot size of 0.31.
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. Hurricane impact front and patio doors offer added protection, along with storm shutters for all windows. 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!
See more
Open House
4/18/2026 3:00 PM - 5:00 PM
4/19/2026 11:00 AM - 2:00 PM
507 Bounty Avenue NE Palm Bay, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1241
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Electric Range Microwave Refrigerator Tankless Water Heater Washer
Garage Spaces 1
Patio/Porch Features Patio
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1974
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Current Use Residential
Additional Parcels Description 2844953
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Port Malabar Unit 6
Facing Direction West
Garage Y/N true
Total Rooms 0
Full Baths 1
Status Active
Directions From Babcok turn left on Fallon Bvd NE left on Bounty and the home is on the right.
High School Palm Bay
City Palm Bay
Senior Community Y/N false
Zoning Description Residential
MLS Area 340 - NE Palm Bay
Lot Size Units Acres
Lot Size Square Feet 13504
Carport Y/N false
Elementary School Port Malabar
Tax Annual Amount 2385.75
Middle/Junior High School Stone
Property Condition Updated/Remodeled
MLS Area Minor 340 - NE Palm Bay
Standard Status Active
Legal Description PORT MALABAR UNIT 6 LOT 9 BLK 102
See more
InteriorInterior Amenities Built-in Features Ceiling Fan(s) Open Floorplan Pantry
Flooring Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup In Unit Lower Level Washer Hookup
Total Bedrooms 2
Entry Level 1
Total Baths 2
See more
ExteriorExterior Amenities Fire Pit Storm Shutters
Fencing Back Yard Wood
Parking Features Garage
Lot Features Other
Water Source Public
Lot Size Area 0.31
Lot Size Acres 0.31
Road Surface Type Asphalt
Waterfront Y/N false
See more
* Excluded FeaturesList ByOne Sotheby's InternationalBroker
tina@waterfrontbrevard.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,595
- Monthly Property Taxes
- $199
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Palm Bay, FL
Average List Price $366,633
Percent of Sale Price 42%
About Palm Bay, FL 114,606 Population
45% Since 2002
$ 44,162 Median Income
40.87 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4803833 Elementary School
4771625 Middle School
Palm Bay High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/16/2026 | $259,000 | | Listed Price |