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$255,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,241 Sq. Ft.
  • Updated 7 days ago
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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!

Full Property Details for 507 Bounty Ave NE

General

  • Sold For: $255,000
  • Taxes: $2,385 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1074788
  • Added to Site: 58 day(s) ago

Interior

  • Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Furnishings: Unfurnished
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Electric Dryer Hookup, In Unit, Lower Level, Washer Hookup

Exterior

  • Exterior Features: Fire Pit, Storm Shutters
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage

Location

  • Area: 340 - NE Palm Bay
  • County: Brevard
  • Subdivision: Port Malabar Unit 6
  • Driving Directions: From Babcok turn left on Fallon Bvd NE , left on Bounty and the home is on the right.
  • Direction Faces: West

School Information

  • Elementary School: Port Malabar
  • Middle School: Stone
  • High School: Palm Bay

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric
  • Water Heater: Tankless

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Water Available

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,241
  • Living Area: 1,241 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1974
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,504
  • Street/Road Desc.: Asphalt
  • Lot Features: Other
  • Fencing (Description): Back Yard, Wood

Financial Considerations

  • Price Per Sq. Ft.: $205.48
  • Tax Amount: $2,385.75
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-37-34-Ft-00102.0-0009.00

Listed by One Sotheby's International
Sold by Florida East Coast Real Estate

Listing agent

— 507 Bounty Ave NE —

  • One Sotheby's International

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 507 Bounty Ave NE

School District:Brevard County School District
NameGradesDistance
Port Malabar Elementary School
301 Pioneer Avenue Northeast, Palm Bay, FL 32907
PK-60.9 mi
Palm Bay Magnet Senior High School
101 Pirate Lane, Melbourne, FL 32901
9-122.8 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-83.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 507 Bounty Ave NE

Date
Details
Price
Change
Source
6/05/2026
Sold
$255,000
—
MLS
5/01/2026
Price Reduced
$255,000
-1.54%
MLS
4/16/2026
Listed
$259,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by One Sotheby's International
Sold by Florida East Coast Real Estate

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507 Bounty Avenue NE, Palm Bay, FL 32907 (MLS# 1074788) is a Single Family property that was sold at $255,000 on June 05, 2026. Want to learn more about 507 Bounty Avenue NE? Do you have questions about finding other Single Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.