Palm Bay/Melbourne Homes under $500,000

Palm Bay/Melbourne Homes under $500,000

Welcome to the enchanting region of Palm Bay and Melbourne, Florida—a hidden gem nestled in the heart of Brevard County. Known for its picturesque landscapes, vibrant community, and proximity to the stunning Atlantic coastline, this area offers a perfect blend of relaxation and adventure. With its warm climate and abundant sunshine, Palm Bay and Melbourne are ideal for those seeking a laid-back lifestyle infused with outdoor activities, cultural experiences, and family-friendly amenities.

Palm Bay, one of the largest cities in Brevard County, boasts a rich tapestry of parks, nature trails, and waterways, making it a haven for nature enthusiasts. From kayaking along the Indian River to exploring the lush greenery of local parks, residents enjoy a plethora of recreational options. Just a short drive away, Melbourne offers a charming downtown area filled with boutique shops, delightful eateries, and vibrant art scenes, ensuring there’s always something to explore.

For homebuyers seeking affordability without sacrificing quality, the Palm Bay and Melbourne area features an impressive selection of homes under $500,000. Whether you’re looking for a cozy single-family home, a modern townhouse, or a spacious condo, you’ll find a diverse range of options tailored to fit your lifestyle and budget. These homes often come with desirable amenities and are located in friendly neighborhoods, perfect for families, retirees, or anyone looking to enjoy the Florida lifestyle.

Discover your dream home in Palm Bay and Melbourne, where the sun shines bright, and the community welcomes you with open arms. Your Florida paradise awaits!

Newest Palm Bay/Melbourne Homes under $500,000

942 Chace Lane Ne, Palm Bay
$325,000
4 Beds ⋅ 4 Baths ⋅ O6442129 MLS
Welcome home to this move-in-ready two-story home in Palm Bay! This home offers a flexible floor plan with plenty of space and some great features, including granite countertops, a metal roof, and hurricane shutters. Downstairs, you'll find a bonus room with its own private entrance, offering plenty of possibilities. Use it as guest space, in-law accommodations, a home office, or an additional living area. There is also a park right across the street, giving you an easy place to get outside and enjoy the Florida weather. Conveniently located near shopping, dining, major roadways, the beaches, Kennedy Space Center, and has easy access to the Orlando area. With its flexible living space and convenient location, this Palm Bay home is ready for its next owner. Come take a look and see everything it has to offer!

942 Chace Lane Ne, Palm Bay
660 Veridian Circle Nw, Palm Bay
$465,000
4 Beds ⋅ 3 Baths ⋅ O6447439 MLS
OVER $50,000 IN UPGRADES! Block construction, IMPACT windows, Oversized private lot that backs to a canal, over 2,600 SQFT, 4 bedrooms + OFFICE + upstairs LOFT, covered front balcony & covered lanai. Tile and LVP flooring throughout, whole-house water filtration, custom primary closet, pantry, mudroom & built in closet in second bedroom, built in Murphy bed in guest room, built-in garage storage, overhead racks, EV charger & washer/dryer included. Open kitchen with large island, Samsung BESPOKE smart appliances with interchangeable color panels, Pottery Barn pendants, 42-inch cabinets with crown molding, subway tile backsplash & abundant storage. Quartz countertops throughout, plenty of natural light, plus blinds, fans, fixtures & gutters included. Upstairs you will find the spacious primary suite with tray ceilings, spacious custom walk in closet, double vanity in the primary bathroom and upgraded river rock walk in frameless glass shower. The Upstairs loft is the perfect media room, play room or hangout spot and opens to a covered balcony where you can enjoy your morning coffee overlooking the lake or relax in the evenings overlooking sunsets. Upgraded landscaping, front porch, a paver driveway and large paver covered lanai in backyard. Gated community with walking trails, Pool and cabana, HOA includes lawn care for effortless living. Centrally located with easy access to I-95, close to new Publix shopping plaza and developing Space Coast Town center, 15 minutes to Viera or West Melbourne, close to major employers, beaches, parks and more! Schedule your private showing for this stunning Move-in ready home that looks like it came out of design magazine!

660 Veridian Circle Nw, Palm Bay
1561 Lucky Street Nw, Palm Bay
$300,000
3 Beds ⋅ 2 Baths ⋅ O6447085 MLS
Virtually Staged. Welcome home to this move-in-ready 3-bedroom, 2-bath home situated on a generous, private lot in NW Palm Bay! Featuring a desirable split-bedroom floor plan, vaulted ceilings, and abundant natural light, this home offers the perfect blend of comfort, style, and functionality. Enjoy updated luxury vinyl flooring throughout, modern lighting, and a spacious open kitchen featuring quartz countertops, stainless steel appliances, and a breakfast bar overlooking the inviting living room. The primary suite offers a walk-in closet and an updated ensuite bath. Step outside to the expansive covered and enclosed lanai, perfect for relaxing or entertaining while overlooking the spacious, fully fenced backyard. An oversized storage shed with electricity provides additional space for hobbies, tools, or storage. Additional highlights include a 2-car garage and plenty of outdoor space to enjoy. Conveniently located near St. Johns Heritage Parkway, Fred Poppe Regional Park, Palm Bay Regional Dog Park, shopping, dining, Malabar Road, US-192, and I-95. Enjoy comfortable Space Coast living with convenience at your doorstep!

1561 Lucky Street Nw, Palm Bay
574 Scarsdale Street Sw, Palm Bay
$400,000
4 Beds ⋅ 2 Baths ⋅ O6446818 MLS
Spectacular House in Palm Bay, Florida, combining sophistication and comfort. Located in a boat and RV-friendly area, this property offers unmatched convenience and flexibility—without HOA restrictions. This 4-bedroom, 2-bathroom home spans 1,828 square feet with quartz countertops and tile floors throughout main living and wet areas. The open-concept layout connects the living room, dining area, and kitchen, perfect for entertaining. Large windows fill the living room with natural light and scenic views. The kitchen features quartz countertops, an oversized single bowl undermount sink, stainless-steel appliances, a walk-in pantry, and a large island with a breakfast bar. The primary suite is a peaceful retreat with an ensuite bathroom, dual undermount sinks, a separate shower, and a walk-in closet. The other three bedrooms share a well-appointed bathroom. Smart home technology allows remote control of your home.

574 Scarsdale Street Sw, Palm Bay
2998 Firwood Avenue Se, Palm Bay
$252,000
3 Beds ⋅ 2 Baths ⋅ O6446380 MLS
2998 Firwood Ave SE is a one-story Palm Bay home with 3 bedrooms, 2 bathrooms and 1,356 square feet of living area. The kitchen has bright cabinetry and counter space that opens toward the living and dining areas. A screened patio provides a separate place to sit outside and looks toward the fenced backyard. The three bedrooms are arranged off the main gathering space, while the two-car garage adds covered parking and storage. The open main room and screened outdoor area give the layout two distinct places to gather. Included 100-Day Home Warranty with buyer activation

2998 Firwood Avenue Se, Palm Bay
500 Aviation Avenue Ne, Palm Bay
$234,900
2 Beds ⋅ 2 Baths ⋅ P4940043 MLS
Welcome to this move-in ready 2BR/2BA Palm Bay home featuring fresh interior and exterior paint, an updated kitchen with solid-surface countertops and stainless-steel appliances, updated bathrooms, new carpet, and luxury vinyl plank flooring. Enjoy a cozy fireplace and an enclosed porch converted to under-air living space, providing valuable additional room for relaxing, entertaining, or a home office Backing to a wide canal, this home offers added appeal, versatile living space, and a fresh, updated feel throughout! Make your appointment to see this home today!!! Some images in this listing have been virtually staged.

500 Aviation Avenue Ne, Palm Bay
220 Nardo Avenue Sw, Palm Bay
$345,000
4 Beds ⋅ 3 Baths ⋅ O6446342 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
1645 Diablo Circle Sw, Palm Bay
$264,900
3 Beds ⋅ 2 Baths ⋅ O6445959 MLS
Welcome to this 3-bedroom, 2-bathroom home is located in the Tillman Lakes neighborhood. This home features an open floor plan that allows for a seamless flow throughout the main living areas. The kitchen is beautifully equipped with granite countertops and stainless-steel appliances. The primary bedroom offers a comfortable retreat, featuring a large walk-in closet and an attached primary bathroom complete with a double sink vanity. Situated in a prime location, this residence is conveniently near shopping and dining, offering easy access to St. John's Heritage Pkwy. Schedule your private showing today!

1645 Diablo Circle Sw, Palm Bay
846 Remington Green Se Drive, Palm Bay
$354,770
4 Beds ⋅ 2 Baths ⋅ O6446110 MLS
Assumable VA mortgage at an incredible 3.9%—a rare opportunity you don’t want to miss. This turn-key, partially furnished waterfront 4 bedroom, 2 bath home, built in 2022, is located in the beautiful, gated Preserves at Stonebriar community in Palm Bay and is ready for immediate occupancy. Featuring an open and spacious split floor plan, this home offers tile throughout the main living areas, indoor laundry, storm shutters, a covered lanai, and a fully fenced backyard overlooking a serene body of water. The primary suite showcases peaceful lake views and includes double sinks, a walk-in shower, a large walk-in closet, an additional oversized closet, and a private water closet. The kitchen is equipped with stainless steel appliances, granite countertops, ample cabinetry, and a walk-in pantry for exceptional storage. Community amenities include a pool, cabana, and playground. Conveniently located near shopping, dining, gas stations, and less than 10 miles from I-95, offering an easy commute.

846 Remington Green Se Drive, Palm Bay
1455 Diablo Circle Sw, Palm Bay
$264,900
3 Beds ⋅ 2 Baths ⋅ O6445949 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! One or more photos in this listing have been virtually staged.

1455 Diablo Circle Sw, Palm Bay
1695 Diablo Circle Sw, Palm Bay
$319,900
4 Beds ⋅ 3 Baths ⋅ O6445927 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. One or more photos in this listing have been virtually staged. One or more photos in this listing have been virtually staged.

1695 Diablo Circle Sw, Palm Bay
460 Grenadier Avenue Nw, Palm Bay
$346,000
4 Beds ⋅ 2 Baths ⋅ O6445849 MLS
Virtually Staged. SELLER IS OFFERING $10,000 IN CLOSING COST ASSISTANCE. One or more photo(s) has been virtually staged--New Construction. This Luxurious 4-bedroom, 2 Bath Property is exquisitely built with all of the upgrades nestled in the heart of Palm Bay. Inside you will find a wonderfully open floor plan perfect for gatherings and entertaining. The capacious Chef's Kitchen is stylishly equipped with a prep island, solid wood cabinets, stainless steel appliances and ample storage. The contemporary living space is bursting with natural light and a flowing layout that is inviting and relaxing. Luxuriate in the vast Primary Suite that offers a collection of modern conveniences. This beautiful house is full of INCLUDED upgrades: solid wood soft close cabinets in the kitchen and in the bathrooms, luxury vinyl plank flooring (no carpet), and floor-to-ceiling tiles in the showers, bathroom niches, granite countertops in the kitchen and baths, 9'4'' ceilings, 8-foot doors.

460 Grenadier Avenue Nw, Palm Bay
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