23 Hours Ago
Location
518 Homestead Ave Ne #1, Palm Bay, FL 32907, USA
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Amenities for 518 Homestead Ave Ne #1
Grounds
| Garage Parking | Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Contact for more information on pet policy.
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About 518 Homestead Ave Ne #1
Property Status: Active elcome to this charming 3-bedroom, 2-bath single-family home in one of Palm Bay's most convenient locations. This property offers comfort, style, and plenty of space to enjoy both indoors and outdoors. Highlights: 12-Month Lease Term perfect for long-term living Beautiful Wooden Floors throughout, adding warmth and elegance Remodeled Bathrooms with modern finishes Spacious Front and Backyard ideal for gatherings, kids, or pets Prime Palm Bay location with quick access to schools, shopping, dining, and major roadways This home blends functionality with charm, making it a wonderful place to call home. Office Phone: (954) 450-2000 Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 518 Homestead Ave Ne #1 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
Address details
| Zip code | 32907 |
|---|---|
| Type | House for rent |
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Rent trends in Palm Bay
3-bedroom apartments at 518 Homestead Ave Ne #1 cost about 16% more than the average rent price for 3-bedroom apartments in Palm Bay.
Median rents as of Sep 20 2025.
Palm Bay
| Month | Median Rent |
|---|---|
| October 2023 | $1,941 |
| November 2023 | $1,968 |
| December 2023 | $1,947 |
| January 2024 | $1,946 |
| February 2024 | $1,900 |
| March 2024 | $1,923 |
| April 2024 | $1,995 |
| May 2024 | $1,971 |
| June 2024 | $1,975 |
| July 2024 | $1,956 |
| August 2024 | $1,949 |
| September 2024 | $1,916 |
| October 2024 | $1,935 |
| November 2024 | $1,950 |
| December 2024 | $1,953 |
| January 2025 | $1,948 |
| February 2025 | $1,931 |
| March 2025 | $1,933 |
| April 2025 | $1,930 |
| May 2025 | $1,930 |
| June 2025 | $1,941 |
| July 2025 | $1,903 |
| August 2025 | $1,899 |
| September 2025 | $1,900 |
Affordability calculator
Can I afford to live at 518 Homestead Ave Ne #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 518 Homestead Ave Ne #1
Port Malabar Elementary School
301 pioneer ave ne
palm bay, FL, 32907
PK, K-6Public
B
Riverdale Country Day School
1975 palm bay rd ne
palm bay, FL, 32905
K-12Public
West Melbourne Elementary School for Science
2255 meadowlane ave
west melbourne, FL, 32904
PK, K-6Public
A-
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Internet available near 518 Homestead Ave Ne #1
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Palm Bay near 518 Homestead Ave Ne #1
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 518 Homestead Ave Ne #1, Palm Bay
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Few or no bars within walking distance
Explore the area around 518 Homestead Ave Ne #1
Winn-Dixie
5270 Babcock St NE
Publix
1150 Malabar Rd SE
Walmart Supercenter
1040 Malabar Rd SE
Publix
4711 Babcock St NE
Mr K Food Store
6655 Babcock St SE
Bealls
5270 Babcock St NE
Knitting Closet
1153 Malabar Rd NE
Chikas Chik Boutik Inc
1789 Canova St SE
Bridal & Tuxedo
1378 Malabar Rd SE
Genie's Sugar Rush BTQ LLC
301 Butler Ave NE
Dunkin'
4897 Babcock St NE
Dunkin'
898 Malabar Rd SE
Tropical Smoothie Cafe
4700 Babcock St NE
7 Brew Coffee
1165 Palm Bay Rd
Dunkin'
898 Palm Bay Rd NE
Dog House
5270 Babcock St NE
Shady Oaks Lounge & Package
6050 Babcock St SE
Siggy's-An American Bar
1153 Malabar Rd NE
Broken Barrel Tavern
4700 Babcock St NE
Chili's
4702 Babcock St NE
Tree of Life Cuban Bakery
1200 Malabar Rd SE
Rev It Up Nutrition
6050 Babcock St SE
Paradise Health & Nutrition
1150 Malabar Rd SE
Walmart Bakery
1040 Malabar Rd SE
Shaklee Distributor
771 Burman Ln NE
Simply Mazzara's
401 Riley Ave NE
Hong Kong-Palm Bay
5270 Babcock St NE
La Estancia De Luisa
5270 Babcock St NE
Twisty Cone Ice Cream
1615 Georgia St NE
Dottie's Restaurant
5275 Babcock St NE
Malabar Rd @ Holiday Inn Express
South Palm Bay
Port Malabar Blvd/Markey Cir (NW Corner)
East Palm Bay
S Babcock St/ Port Malabar Blvd (NE Corner)
East Palm Bay
Malabar Rd @ Interchange Square
West Palm Bay
Malabar Rd/ Villa Nueva Ave (NE Corner)
South Palm Bay
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