SW Palm Bay Homes under $500,000

SW Palm Bay Homes under $500,000

Welcome to the vibrant community of Southwest Palm Bay, Florida, where sunshine and serenity blend seamlessly to create an idyllic living environment. Nestled in Brevard County, this charming area is known for its friendly neighborhoods, lush landscapes, and proximity to some of Florida's most beautiful beaches. With easy access to the Indian River Lagoon and the Atlantic Ocean, outdoor enthusiasts will find themselves immersed in a world of adventure, from boating and fishing to hiking and biking along scenic trails.

Southwest Palm Bay is not just about natural beauty; it’s also a thriving hub of culture and community. Residents enjoy a variety of local shops, dining options, and recreational facilities, making it a perfect place for families and individuals alike. The region is served by excellent schools and community centers, fostering a strong sense of belonging among its residents.

What truly sets Southwest Palm Bay apart is the incredible real estate opportunities available, particularly for those seeking homes under $500,000. Here, you’ll find a diverse selection of properties that cater to various lifestyles, from charming single-family homes to modern townhouses. Each property boasts unique features, spacious layouts, and the potential for personalization, allowing you to create your dream home without breaking the bank.

With its appealing blend of affordability, community spirit, and natural beauty, Southwest Palm Bay is an exceptional place to call home. Whether you're a first-time buyer or looking to invest, this thriving region offers a welcoming atmosphere and a promising future. Discover your perfect slice of paradise today!

Newest SW Palm Bay Homes under $500,000

206 Wendover Road SW, Palm Bay
$325,000
4 Beds ⋅ 2 Baths ⋅ 1089414 MLS
Enjoy a 2023 roof, 2023 HVAC, 2023 water heater, 2023 plumbing, and 2023 electrical, all offering the peace of mind that comes with a nearly new home. Over $25,000 in custom upgrades elevate this modern 2023 built home. The open concept interior features 2023 finishes, fixtures, flooring, and appliances, while the fully fenced backyard adds privacy and space to roam. A wide side yard provides dedicated 2023 RV/boat/trailer parking capability, all with no HOA limiting your freedom. This property delivers modern construction, upgraded features, and flexible living in a prime Palm Bay location.

206 Wendover Road SW, Palm Bay
731 Banyan Street SW, Palm Bay
$407,000
4 Beds ⋅ 3 Baths ⋅ 1089294 MLS
NEW CONSTRUCTION - MOVE-IN READY & OFFERING UP TO $10,000 FLEX CASH! Why wait to build when this beautifully finished 4-bedroom, 3-bath home is ready now? No HOA and no added upgrade costs—this home includes premium features throughout. Highlights include quartz countertops, soft-close cabinetry, an oversized kitchen island with ample storage, French doors to the backyard, ceiling fans in every room, and hurricane-impact windows for peace of mind. With 2,238 sq. ft. of open-concept living, the layout flows seamlessly between the kitchen, dining, and living areas—perfect for entertaining or everyday comfort. A private junior suite offers flexibility for guests or multi-generational living. Don't miss this opportunity to own a finished, move-in-ready home loaded with upgrades.

731 Banyan Street SW, Palm Bay
786 Hernandes Avenue SE Unit 12, Palm Bay
$342,990
4 Beds ⋅ 2 Baths ⋅ 1089245 MLS
City water! Brand-new home offers elegance, comfort, and modern convenience. Designed with durable block, stucco construction, topen floor plan features 4 bedrooms, 2 baths, and 1,801 sq. ft. of designed living space. Soaring 9'4'' ceilings throughout home create airy, spacious feel. Enjoy Florida outdoors with 6' x12' covered porch. Stylish 36'' Shaker Style cabinets are beautifully complemented by granite countertops, adding sophistication to the kitchen. Luxury vinyl plank flooring flows throughout home, offering both durability and style. A stainless-steel appliance package is INCLUDED, featuring a 24.3 cubic foot side-by-side refrigerator with a built-in ice maker, a 30'' freestanding smooth-top electric range, a 1.6 cubic foot over-the-range microwave, and a dishwasher - everything you need for a fully equipped kitchen! For added peace of mind, your ppurchase includes a 2-10 Builder's Warranty. NOTE: Photos are for example purposes only

786 Hernandes Avenue SE Unit 12, Palm Bay
480 Scanlon Road, Palm Bay
$330,000
4 Beds ⋅ 2 Baths ⋅ 1089137 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 4BR/2BA/2Car/ home 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!

480 Scanlon Road, Palm Bay
220 Nardo Avenue SW, Palm Bay
$345,000
4 Beds ⋅ 3 Baths ⋅ 1089109 MLS
Short Sale. BANK APPROVED PRICE. This charming 4-bedroom, 3-bathroom single-family home is located in the desirable Sloneridge community of Palm Bay. It features a split floor plan, a separate formal living and dining room, a spacious kitchen that flows seamlessly into the family room, and a screened-in back porch perfect for relaxing or entertaining. Ideal for families, the home offers a private backyard and comfortable living areas throughout. Located in a quiet, family-friendly neighborhood, it provides convenient access to local schools as well as nearby shopping, dining, and major roadways for easy commuting.

220 Nardo Avenue SW, Palm Bay
356 Friendly Street SW, Palm Bay
$399,900
4 Beds ⋅ 3 Baths ⋅ 1089014 MLS
BUILDER OFFERS $15,000 IN FLEX CASH TO BUYER AT CLOSING WITH AN ACCEPTABLE OFFER! Move-in ready and loaded with upgrades, this stunning 4-bedroom PLUS den home features a private in-law suite with its own bathroom! Enjoy soaring 9'6" ceilings, elegant tray ceilings with crown molding in the living room and primary suite, and beautiful porcelain wood-look tile throughout, except bedrooms. The spacious open floor plan showcases a gourmet kitchen with granite countertops, stainless steel appliances, and a sleek stainless steel vent hood. All bathrooms feature granite countertops and stunning floor-to-ceiling tile. This home features Impact windows, city water, and an inviting covered patio complete this exceptional home. READY NOW! Priced to sell, so schedule your private showing today! DISCLAIMER: All photos have been edited, touched up and/or virtually staged for marketing purposes. All information is deemed accurate but should be independently verified by the buyer or buyer's agent.

356 Friendly Street SW, Palm Bay
528 Tropicaire Avenue SW, Palm Bay
$429,000
3 Beds ⋅ 2 Baths ⋅ 1088944 MLS
BRING THE BOAT, RV & ALL THE TOYS! Sitting on an impressive .72 acres with NO HOA, this property offers the space and freedom that's getting harder to find. The standout feature is the massive 30' x 40' barn with 16' walls, full electrical and roll-up doors—approximately 1,200 sq ft of incredible space for your boat, RV, workshop, car collection, business equipment or extra storage. The home features 3 bedrooms, 2 bathrooms, charming screened in front porch, vaulted ceilings, new flooring, fresh paint and a brand new kitchen, plus hurricane-impact windows and doors. With plenty of room to spread out, park your toys and enjoy your property your way, this is more than a home—it's the Florida lifestyle with room to breathe.

528 Tropicaire Avenue SW, Palm Bay
462 Gancedo Street SW, Palm Bay
$485,000
3 Beds ⋅ 3 Baths ⋅ 1088860 MLS
Prepare to be amazed by this custom-built home where luxury, comfort and thoughtful design come together beautifully. Built from the ground up by a premium custom home builder, this residence was designed with intention, craftsmanship and grand finishes throughout. From the moment you step inside, 10' ceilings, intricate coffered ceiling treatments, tile flooring and elegant French doors set the tone. Created for gathering and generational living, the home offers two spacious living areas, a huge entertainer's kitchen with glistening granite countertops, crisp white shaker cabinetry and stainless steel appliances, plus every bedroom featuring its own private bathroom. Whether hosting family and friends or enjoying a quiet evening at home, this layout does both beautifully. A large screened lanai, fenced backyard, gas tankless water heater and 2018 roof complete the package.

462 Gancedo Street SW, Palm Bay
1327 De Groodt Road SW, Palm Bay
$374,900
3 Beds ⋅ 2 Baths ⋅ 1088778 MLS
BETTER THAN WAITING TO BUILD! Discover this newly completed 2026 Grand Cayman home in SW Palm Bay, offering 1,974 sq. ft. with 3 bedrooms, 2 bathrooms, a den/home office and an attached 2-car garage. The open floor plan connects the kitchen, dining area and Great Room with a tray ceiling. Triple sliding glass doors open to the covered lanai. The kitchen features quartz countertops, a large island, soft-close cabinetry, stainless steel appliances and a pantry. The private primary suite offers dual walk-in closets, a tray ceiling and a bath with dual sinks, a walk-in shower and a private water closet. Additional features include 8-foot interior doors, plank tile flooring, hurricane-impact windows and doors, indoor laundry, and covered front and rear porches. Enjoy newer construction without the wait, conveniently located in SW Palm Bay with no HOA or CDD fees. Schedule your private showing today!

1327 De Groodt Road SW, Palm Bay
1695 SW Diablo Circle SW, Palm Bay
$319,900
3 Beds ⋅ 3 Baths ⋅ 1088727 MLS
Welcome to this inviting two-story, four-bedroom, 2.5-bathroom home located in the desirable Tillman Lakes neighborhood. This home features a spacious open-concept layout that creates a seamless flow across the main living areas, offering an ideal setup for everyday living and hosting. The kitchen is beautifully appointed with granite countertops and sleek stainless-steel appliances. Designed for optimal function and privacy, all four bedrooms are positioned on the second level, providing a clear separation between daily living and private quiet quarters. For maximum convenience, the laundry room is also situated on the second floor near the bedrooms. Ideally situated, this property offers easy access to local parks, shopping, dining, and schools.

1695 SW Diablo Circle SW, Palm Bay
1455 Diablo Circle SW, Palm Bay
$264,900
3 Beds ⋅ 2 Baths ⋅ 1088705 MLS
Welcome to this inviting 3-bedroom, 2-bathroom home located in the desirable Tillman Lakes neighborhood. This home features a seamless open floor plan that easily connects the main living and dining spaces. The beautiful kitchen is equipped with granite countertops and stainless-steel appliances, providing a highly functional space for cooking and entertaining. At the end of the day, retreat to the primary bedroom, which boasts a large walk-in closet and an attached primary bathroom complete with a double vanity. Situated in a prime location, you are just minutes away from local shopping and dining, with easy access to St. John's Heritage Pkwy for a convenient commute. Schedule your private showing today!

1455 Diablo Circle SW, Palm Bay
574 Garrett Street SW, Palm Bay
$429,900
4 Beds ⋅ 3 Baths ⋅ 1088680 MLS
Brand-new home with no HOA ... READY NOW! This beautifully designed Craftsman-style home features 4 bedrooms, 3 baths, a 2-car garage, and a spacious bonus room with double single-lite doors. The stunning exterior showcases stone accents and trim, while the interior offers Mohawk RevWood plank flooring throughout, with tile in the baths and laundry. The open Great Room features 4 dimmable LED lights and flows into a well-appointed kitchen with quartz countertops, undermount sink, soft-close cabinetry, stainless steel range, dishwasher, built-in microwave, and 25 cu. ft. side-by-side refrigerator. The primary suite boasts a tray ceiling and 5' tiled shower. Enjoy the 20' x 12' trussed, screened porch. Additional features include a laundry tub, R&S water conditioning system, garage door opener, radiant barrier, rounded drywall corners, R-38 insulation, and kitchen/bath vents to the exterior. Up to $15,000 toward closing costs with an approved lender.

574 Garrett Street SW, Palm Bay
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