$265,000
Palm Bay, FL 32907
MLS# 1046699
Status: Closed
3 beds | 2 baths
1 / 42
Property Description
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)
Details
Maps
Documents
Contract Information
Start Showing Date: 2025-05-26
Comp Sale YN: No
Current Price: $265,000
OriginalListPrice: 299900
Sold Price: $265,000
Status: Closed
Listing Contract Date: 2025-05-17
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Tax Account: 2843894
Parcel Number: 28-37-33-01-2174-22
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Legal Description: PORT MALABAR UNIT 29 LOT 22 BLK 2174
Directions: 95 to Malabar Rd Malabar east to Babcock St Babcock St North to Fallon West on Fallon to property on the right. Fallon turns into homestead.
General Property Information
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 1517
Living Area Source: Appraiser
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 188.46
Sold Price/SqFt: 174.69
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1986
Remarks and Miscellaneous
Public Remarks: 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)
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Single Family: 1
DPR Eligible
DPR Eligible: Yes
Fencing
Back Yard: 1
Heating
Central: 1
Legal Details
Permission Granted to Advertise: Yes
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Cleared: 1
Parking Features
Additional Parking: 1
Attached: 1
Garage Door Opener: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Non Member Info
Non-Member Brokerage: Unknown
Non-Member Name: Jose Nardo
Location Tax and Legal
Street Number: 518
Street Name: Homestead
Street Suffix: Avenue
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32907
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: Port Malabar Unit 29
Status Change Information
Major Change Timestamp: 2025-07-10T13:35:57Z
Major Change Type: Status Change
Price Change Timestamp: 2025-06-01T15:30:23Z
StatusChangeDate: 2025-07-10
Purchase Contract Date: 2025-06-15
Close Date: 2025-07-07
Close Price: 265000
Property Features
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Refrigerator; Washer
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Single Family
Fencing: Back Yard
Heating: Central
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Cleared
Parking Features: Additional Parking; Attached; Garage Door Opener
Possession: Close Of Escrow
Sewer: Septic Tank
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available
Water Source: Public
Flood Disclosure 
Listing Office: LPT Realty LLC
Last Updated: April - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.