Palm Bay Homes under $500,000

Palm Bay Homes under $500,000

Welcome to Palm Bay, Florida—a vibrant city nestled along the stunning shores of Brevard County. Known for its beautiful landscapes and friendly atmosphere, Palm Bay offers a unique blend of suburban tranquility and coastal charm. With its convenient location just minutes from the breathtaking beaches of the Atlantic Ocean, residents enjoy an abundance of outdoor activities, from fishing and boating to hiking and biking in the nearby parks.

Palm Bay is a thriving community that boasts a diverse population and a rich cultural scene. The city is home to numerous shopping centers, restaurants, and entertainment options, making it easy for residents to enjoy a fulfilling lifestyle. Families will appreciate the highly-rated schools and community programs that foster growth and learning for all ages.

For those looking to invest in a home without breaking the bank, Palm Bay has a fantastic selection of properties under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of options that cater to your needs. From charming single-family homes with spacious yards to modern townhouses with community amenities, there's something for everyone in this dynamic market.

With its affordable housing options, beautiful surroundings, and a welcoming community spirit, Palm Bay is not just a place to live—it's a place to thrive. Discover your dream home in this enchanting city and embrace the Florida lifestyle you've always wanted!

Newest Palm Bay Homes under $500,000

290 Blossom Lane NE, Palm Bay
$119,000
2 Beds ⋅ 2 Baths ⋅ 1089215 MLS
Welcome to affordable 55+ living in Holiday Park, a gated adult community in Palm Bay! This beautifully maintained home features 2 bedrooms, 2 full baths, no carpet, and a screened-in front porch—perfect for enjoying Florida's year-round sunshine. Holiday Park offers a true Florida lifestyle with two community pools, a clubhouse, shuffleboard, bocce courts, and golf-cart-friendly streets. Amenities include cable TV, internet, and 24-hour security. Whether you're downsizing, looking for a seasonal Florida retreat, or simply seeking an affordable, low-maintenance home, this is a wonderful opportunity to enjoy comfortable living in this community.*Tax amount includes HOA fee*.Furnishings are negotiable.

290 Blossom Lane NE, Palm Bay
601 Sauders Road SE, Palm Bay
$299,999
3 Beds ⋅ 2 Baths ⋅ 1089214 MLS
Beautifully updated 3-bedroom, 2-bath home with a versatile flex room that could be a 4th bedroom, office, playroom and 2-car garage! Fresh and move-in ready, this home has been extensively updated inside and out. Popcorn ceilings were removed and retextured, with fresh interior and exterior paint and new ceramic tile flooring throughout. The remodeled kitchen features new cabinetry, granite countertops and new appliances (refrigerator excluded). Both bathrooms have been updated, including granite in the primary bath. Additional improvements include 12 new insulated windows, new 6-ft sliding glass door, front door and sidelight, 6-panel interior doors, baseboards, lighting, four ceiling fans, outlets and switches. The HVAC has a new coil. Roof 2021 Waterheater 2020. Exterior improvements include new lighting and faucets, along with extensive tree, shrub removal to create a more open backyard. A fresh, updated home ready for its next owner!

601 Sauders Road SE, Palm Bay
1305 Kylar Drive NW, Palm Bay
$408,994
4 Beds ⋅ 3 Baths ⋅ 1089210 MLS
HOME UNDER CONSTRUCTION! Just $1,000 deposit & closing costs paid with preferred lender make it easy to get started! Welcome to your "Private Getaway," a spacious 4-bedroom, 2.5-bath, two-story home featuring premium black finishes, quartz countertops & beautiful plank tile flooring. The open-concept living & dining areas flow to a covered back porch overlooking a peaceful wooded preserve with no homes directly behind you. The first-floor owner's suite offers added privacy, a walk-in closet & 5' fiberglass shower. Upstairs features 3 additional bedrooms, full bath, laundry room with sink, spacious loft & extra storage. Located in a gated community with pool & playground, within walking distance to shopping. NO CDD—potential savings of approximately $30K compared to communities with a CDD! Irrigation well included for affordable lawn care.

1305 Kylar Drive NW, Palm Bay
1178 Soleway Avenue NW, Palm Bay
$382,845
4 Beds ⋅ 3 Baths ⋅ 1089209 MLS
Welcome to easy Florida living in this bright and airy 4-bedroom, 3-bath home. Soaring 10' ceilings lead you from the foyer through the sun-filled living space to double doors opening onto an extra-deep covered lanai—perfect for morning coffee or relaxing at the end of the day. The kitchen keeps everyone connected with quartz counters, an island, peninsula and a window over the sink bringing in even more Florida sunshine. Every bedroom has a generous walk-in closet, and every bath has its own linen closet. The primary suite offers an oversized closet, double vanity, 5' fiberglass shower and private water closet. Bedroom 2 enjoys its own ensuite bath, while Bedroom 4 has direct access to the cleverly designed third bath. Tile throughout the living areas and carpeted bedrooms complete the home. With NO CDD and a low HOA, this thoughtfully designed home delivers the space, storage and relaxed coastal Florida lifestyle you've been looking for.

1178 Soleway Avenue NW, Palm Bay
1605 Kylar Drive NW, Palm Bay
$368,904
4 Beds ⋅ 2 Baths ⋅ 1089208 MLS
This 4-bedroom, 2-bath home offers a bright, open layout with a flexible front room featuring double-door entry—perfect for a home office, den or fourth bedroom. The thoughtful layout gives you room to breathe, from the spacious kitchen and living area to the comfortable primary suite. High vaulted ceilings enhance the airy feel throughout the main living spaces. The kitchen features quartz countertops, generous workspace, a breakfast bar, adjoining nook and a deep pantry with room for larger items. A separate dining room has its own defined space while remaining connected to the main living area. Tile flooring flows throughout the living areas, with carpet in the bedrooms. Quartz countertops continue into both baths. The primary suite features a walk-in closet and bath with a spacious walk-in shower, while the secondary bath offers a tub/shower combination. Enjoy gated St. John's Preserve with no CDD and low HOA, along with a community pool, playground and sidewalks.

1605 Kylar Drive NW, Palm Bay
3747 Aberdeen Drive SE, Palm Bay
$344,900
4 Beds ⋅ 2 Baths ⋅ 1089203 MLS
Beautiful Concrete Block Cali in Cypress Bay West with valuable upgrades already included! This one-owner never rented home, features a whole-house water filtration system, custom finished garage flooring, closets and pantry additional shelving, all Whirlpool appliances, with front loader washer and dryer included. Home features Larger homesite lot and plywood roof decking rather than OSB roof decking—an added construction feature. Enjoy BRAND-NEW resort-style community amenities scheduled to open October 16! Amenities, just a short distance away, include a huge community pool and clubhouse, Splash pad, well equipped fitness center, playgrounds, basketball and pickleball courts, and more! The basketball court and mailboxes are only three houses away. Neighborhood's large sidewalks provide plenty of room for all types of exercise. Excellent location in a rapidly growing area with convenient access to shopping, entertainment and major roadways. Minutes to I95 and to Publix.

3747 Aberdeen Drive SE, Palm Bay
547 Stonebriar Drive SE, Palm Bay
$475,000
4 Beds ⋅ 3 Baths ⋅ 1089202 MLS
Privacy, space, and a preserve view come together in this beautiful gated-community home! Situated on a premium lot with no rear neighbors, this home offers a spacious fenced backyard surrounded by mature fruit trees, including Ruby Guava, coconut, and mango. Inside, the open main level features tile flooring and a generous kitchen with granite countertops, abundant cabinetry, a spacious pantry, stainless steel appliances, and a brand-new stainless steel refrigerator. The oversized family room opens directly to the backyard, creating an easy flow for everyday living and entertaining. Upstairs, the expansive primary suite features a tray ceiling, dual sinks, garden tub, and oversized walk-in closet, along with generously sized secondary bedrooms and a conveniently located laundry room. Smart-home features include select smart switches, a Yale smart lock, Ring cameras, and smart doorbell, while storm shutters add extra peace of mind. Enjoy low HOA fees while still having access to to community amenities including a pool, playground, shuffleboard, tennis, basketball, and gym.

547 Stonebriar Drive SE, Palm Bay
534 Rheine Road NW, Palm Bay
$165,000
3 Beds ⋅ 2 Baths ⋅ 1088777 MLS
Investor Special! Nestled in a quiet, established neighborhood with mature landscaping, this 3-bedroom, 2-bath home offers great potential for the savvy investor or renovator. The split floor plan provides a functional layout, and the convenient location puts you just minutes from shopping, dining, and easy access to I-95. The former one-car garage has been converted into an additional bedroom and could be converted back if desired. Cash buyers only. Utilities are currently off, with no electric or water service available for inspections. Drive-by viewings are welcome, but an appointment is required for interior access. Bring your vision and transform this fixer-upper into something special! Roof 2011, AC 2005, Water Heater 2005.

534 Rheine Road NW, Palm Bay
1328 Tilberg Avenue NW, Palm Bay
$424,900
4 Beds ⋅ 3 Baths ⋅ 1089197 MLS
Discover the perfect blend of luxury, comfort, and modern coastal design in this brand-new custom-built home situated on an oversized .31-acre corner lot. Thoughtfully crafted with premium finishes throughout and backed by a builder warranty for added peace of mind, this exceptional residence stands out from the ordinary. From the moment you enter, you'll appreciate the bright open-concept layout enhanced by soaring vaulted ceilings, elegant architectural details, and upgraded 8'' x 47'' hardwood-look porcelain plank tile flowing seamlessly through the main living spaces. The chef-inspired designer kitchen is both stunning and functional, featuring Calacatta quartz countertops, 42'' upper wood cabinetry with crown molding, stainless steel appliances, an oversized island, and an extended wet bar complete with sink and beverage cooler -- ideal for entertaining family and guests alike. The desirable split-bedroom floor plan offers privacy and flexibility, while the luxurious owner's suite

1328 Tilberg Avenue NW, Palm Bay
1621 Wichita Boulevard SE, Palm Bay
$355,000
3 Beds ⋅ 2 Baths ⋅ 1089194 MLS
Sitting back from the street this beautiful and pristine home is ready for new owners. Enter the foyer which opens to the living, kitchen and dining area. Perfect for family and friends to gather. The white kitchen boasts pristine granite counters with an island and a coffee bar area. Sliders open to a screened porch that extends the length of the house. Tile flooring extends into the primary where you will find an elegant primary bath with a beautifully tiled, walk in shower and access to the back porch. On the other side are 2 carpeted bedrooms and full bath with a tiled tub enclosure. Wrought iron fenced area off the porch area is perfect for kids and pets to play. Just move in and call this home. The front exterior is accented with stonework. There's storage space in the garage, new roof as of 9/28/26 with peel and stick underlayment. Gutters were installed. Cabinets installed in laundry room. Pulldown stairs in garage. Minutes from I95, Publix and all amenities.

1621 Wichita Boulevard SE, Palm Bay
556 Plumbago Road NW, Palm Bay
$330,000
3 Beds ⋅ 2 Baths ⋅ 1089189 MLS
BUILDER INCENTIVE: UP TO $15,000 TOWARD CLOSING COST OR RATE BUY DOWN: Stella Construction offers homebuyers modern designs with elevated style, exceptional craftsmanship, and superior finishes, at a very affordable price. These are NOT your typical cookie cutter homes. This newly constructed 3BR/2BA/2Car/Bonus Room house has a beautiful open floor-plan with soaring 10' ceilings and stunning 24" X12" tile floors throughout. The kitchen with its quality soft close cupboards, drawers with dovetail joints, stainless steel appliances, and quartz countertops is the anchor at the center of this home. The primary suite has a walk-in closet, a bathroom with a spacious quartz finished double vanity, and a tiled walk-in-shower. Other elevated features include an epoxied garage floor, water treatment system, ceiling fans, and a nice big yard. Don't settle for less when you can have more with Stella! *Photos are an accurate representation of this home. Actual photos to be provided upon completion.

556 Plumbago Road NW, Palm Bay
812 NW Banks Street NW, Palm Bay
$369,500
3 Beds ⋅ 2 Baths ⋅ 1089187 MLS
Get ready to celebrate the holidays in this Flamazing updated 3BR/2BA pool home! Enjoy Florida living year-round with a screened-in pool & spacious 30'x14' enclosed porch. Inside you'll love the split floor plan, new vinyl plank flooring throughout & updated kitchen with granite countertops, custom pantry, soft-close cabinetry & stainless smart appliances, including Samsung 4-door refrigerator with Beverage Center & Wi-Fi convection range with air fryer. Primary BR features a custom closet. Updates include NEW HVAC 2024, pool cage re-screened 2024, HWH 2021, gutters 2021, accordion storm shutters 2021, keyless entry, doorbell camera, new fans & fixtures, ADT security & stacked Whirlpool front-load washer/Energy Star dryer. Roof 2017. Solar panels add energy efficiency. VA assumable mortgage available. NO HOA! Minutes from I-95, beaches, shopping, schools & restaurants. Move-in ready & waiting for you to make it home!

812 NW Banks Street NW, Palm Bay
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