Palm Bay/Melbourne Homes under $500,000

Palm Bay/Melbourne Homes under $500,000

Welcome to Palm Bay and Melbourne, two vibrant cities nestled along Florida’s breathtaking Space Coast in Brevard County. Known for their stunning waterfront views, lush green parks, and a rich tapestry of cultural experiences, this region is perfect for those seeking a blend of relaxation and adventure. Whether you’re drawn to the allure of the Atlantic Ocean or the charm of local shops and eateries, Palm Bay and Melbourne offer a lifestyle that caters to everyone.

For homebuyers looking for value without compromising on quality, the Palm Bay and Melbourne area boasts an impressive selection of homes priced under $500,000. Here, you can find spacious single-family homes, modern townhouses, and cozy condos that are ideal for families, retirees, and first-time buyers alike. Many of these properties feature open floor plans, updated kitchens, and inviting outdoor spaces—perfect for enjoying the Florida sunshine.

Living in this region means you’re just a stone’s throw away from pristine beaches, lush nature trails, and exciting recreational activities. Explore the nearby Indian River Lagoon, known for its diverse wildlife, or take a short drive to the Kennedy Space Center for a day of exploration and inspiration. With a thriving community and excellent schools, Palm Bay and Melbourne are not just places to live; they are places to grow, thrive, and create lasting memories.

Discover your dream home in this enchanting region today, where affordability meets the Florida lifestyle you’ve always envisioned!

Newest Palm Bay/Melbourne Homes under $500,000

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.

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
415 Aviation Avenue Ne, Palm Bay
$355,000
3 Beds ⋅ 2 Baths ⋅ O6443831 MLS
Welcome to your dream home! This stunning single-family residence is designed for comfort and modern living in mind. Step inside and you’ll immediately notice the spacious, open-concept layout, perfect for both relaxing and entertaining. The heart of the home is the gorgeous kitchen, featuring a large island, abundant counter space, and seamless flow into the expansive great room. Imagine hosting gatherings with ease, with the great room opening onto a trussed, covered lanai—ideal for outdoor dining and relaxation. With four bedrooms, there’s space for everyone to spread out. The owner’s suite is a private retreat, offering a walk-in closet, a spacious shower, and a vanity with ample counter space. Natural light fills the home, especially in the conveniently located laundry room. Step outside to a backyard oasis and future potential, where three flower beds invite you to try your hand at gardening. Enjoy fresh rosemary, lush clusia hedges, a charming dwarf umbrella tree, oleander, and a little mango plant. With a two-car garage and plenty of thoughtful details throughout, this home combines beauty, practicality, and versatility—ready to suit your lifestyle. Don’t miss your chance to make this move-in-ready gem your own!

415 Aviation Avenue Ne, Palm Bay
1901 Trapper Avenue Se, Palm Bay
$324,900
3 Beds ⋅ 2 Baths ⋅ O6444809 MLS
Under Construction. Under Construction. Under Construction. SPECIAL SALE - PALM BAY Emma Model 2, 1779 Sqft living Area, Total Sqft 2369. Open concept, high ceilings, 3 bedrooms 2 full bath WITH AN EXTRA FLEX ROOM that you can convert in a home office, studio or Bedroom. Kitchen with Beautiful cabinets and Quarz countertops, Vinyl Luxury Floor on the entire Home, Covered Lanai, Hurricane impact Windows, . No HOA Fees. Includes 2- 10 HOME BUYER WARRANTY Home Home is set to be completed end of October

1901 Trapper Avenue Se, Palm Bay
1342 Tordira Street Se, Palm Bay
$348,000
4 Beds ⋅ 3 Baths ⋅ O6442739 MLS
MOVE-IN READY - CLOSING COST ASSISTANCE - One or more photo(s) has been virtually staged--New Construction. This Luxurious 4-bedroom, 2.5 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 an 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, luxury handles, and an electric garage.

1342 Tordira Street Se, Palm Bay
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