Concrete Block Home in Quiet Palm Bay Neighborhood
Welcome to 518 Homestead Ave NE—this well-kept 3 bedroom, 2 bathroom home offers 1,517 square feet of comfortable living in a peaceful, established neighborhood in NE Palm Bay.
Built in 1986, this concrete block home has a brand new roof and brand new septic system—both installed in 2025, giving buyers peace of mind for years to come. Inside, you'll find a smart layout with a spacious living area, split floor plan for privacy, and plenty of natural light throughout.
The lot offers mature landscaping and room to create the outdoor space you've been dreaming of—whether it's a garden, patio, or play area. Located close to parks, schools, shopping, and just a short drive to the Indian River or beaches, this home combines comfort and convenience.
Whether you're starting fresh or looking to downsize into something low-maintenance, this home has tons of potential. (Photos coming soon)
Sold for $265,000
$265,000
518 Homestead Ave NE, Palm Bay, FL 32907
3beds
1,517sqft
Single Family Residence
Built in 1986
10,454 Square Feet Lot
$260,100 Zestimate®
$175/sqft
$2,118 Estimated rent
Home value
$260,100
$237,000 - $286,000
$2,118/mo
Zestimate® history
Owner options
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$2,118/mo
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$2,118/mo
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$1,759/mo
Est. payment
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$1,759/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Tina Lynn Scarbrough 321-290-6733,
LPT Realty LLC
Bought with:
Non-Member Non-Member Out Of Area, nonmls
Non-MLS or Out of Area
Source: Space Coast AOR,MLS#: 1046699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,517 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 1
- Fencing: Back Yard
Lot
- Size: 10,454 Square Feet
- Features: Cleared
Details
- Additional parcels included: 2843894
- Parcel number: 28373301217422
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 29
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $213,750
- Annual tax amount: $597
- Date on market: 6/10/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Listing removed | $2,200$1/sqft |
Source:  MIAMI #A11882575 Report a problem | ||
| 9/22/2025 | Listed for rent | $2,200-4.3%$1/sqft |
Source: MIAMI #A11882575 Report a problem | ||
| 9/22/2025 | Listing removed | $2,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2025 | Listed for rent | $2,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2025 | Sold | $265,000-7.3%$175/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
| 6/15/2025 | Pending sale | $285,900$188/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
| 6/10/2025 | Listed for sale | $285,900$188/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
| 6/4/2025 | Pending sale | $285,900$188/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
| 6/1/2025 | Price change | $285,900-4.7%$188/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
| 5/26/2025 | Listed for sale | $299,900$198/sqft |
Source: Space Coast AOR #1046699 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $597 +2.1% | $71,800 +2.9% |
| 2024 | $584 +1.7% | $69,780 +3% |
| 2023 | $575 +5% | $67,750 +3% |
| 2022 | $547 -2.5% | $65,780 +3% |
| 2021 | $561 +1% | $63,870 +1.4% |
| 2020 | $555 -21.9% | $62,990 +2.3% |
| 2019 | $712 | $61,580 +1.9% |
| 2018 | $712 +0.4% | $60,440 +2.1% |
| 2017 | $709 -3.7% | $59,200 +2.1% |
| 2016 | $736 +30% | $57,990 +0.7% |
| 2015 | $566 -2.7% | $57,590 +0.8% |
| 2014 | $582 | $57,140 -9.9% |
| 2013 | -- | $63,420 +14.6% |
| 2012 | $523 -18.8% | $55,360 +0.4% |
| 2011 | $644 -12% | $55,140 -26.6% |
| 2010 | $732 +5.3% | $75,110 -18.2% |
| 2009 | $695 +5.4% | $91,810 -28.4% |
| 2008 | $659 -23.3% | $128,200 -14% |
| 2007 | $860 -2% | $149,000 +14.6% |
| 2005 | $877 -4.6% | $130,020 +39.9% |
| 2004 | $919 -2.3% | $92,910 +17.7% |
| 2003 | $941 +3.5% | $78,910 +6.2% |
| 2002 | $910 +3.2% | $74,300 +10.2% |
| 2001 | $881 +7.2% | $67,440 +3.3% |
| 2000 | $822 | $65,260 |
Find assessor info on the county website
Neighborhood: 32907
Nearby homes
- $273,2003 bd2 ba1.5k sqft502 Homestead Ave NE, Palm Bay, FL 32907Off Market
- $318,6003 bd2 ba1.6k sqft534 Homestead Ave NE, Palm Bay, FL 32907Off Market
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- $375,0003 bd2 ba1.8k sqft543 Picasso Ave NE, Palm Bay, FL 32907Sold
- $277,1003 bd2 ba1.7k sqft555 Picasso Ave NE, Palm Bay, FL 32907Off Market
- $249,0003 bd2 ba1.3k sqft498 Homestead Ave NE, Palm Bay, FL 32907Off Market
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- $194,8002 bd2 ba905 sqft498 Nina Rd NE, Palm Bay, FL 32907Off Market
Nearby schools
GreatSchools rating
- 4/10Port Malabar Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 2.7 mi
- 3/10Stone Magnet Middle SchoolGrades: 7-8Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Port Malabar
- Middle: Stone
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$260,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$260,100
- Florida
- Brevard County
- Palm Bay
- 32907
- 518 Homestead Ave NE
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