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Updated 3 hours ago

Vela Palm Bay Apartments

VERIFIED

Mercury Ave SE Palm Bay, FL

2 Bed
•
1 Bath

950 - 1,000 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,525
Size: N/A
0 Available
Managed By: Universal Property Holdings LLC
Unit 471101
$1,525
Rented
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2 Beds • 1 Bath
$1,375 - $1,595
950 ft2
10 Available
Managed By: Universal Property Holdings LLC
Unit 500205
$1,425
Available: Ask
View
Unit 490201
$1,540
Available: Ask
View
Unit 485202
$1,595
Available: Ask
View
Unit 490105
$1,595
Available: Ask
View
Unit 495205
$1,375
Available Now
View
Unit 481206
$1,495
Available Now
View
Unit 461201
$1,495
Available Now
View
Unit 495106
$1,395
Available Now
View
Unit 490202
$1,425
Available Now
View
Unit 490206
$1,540
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,625
1000 ft2
1 Available
Managed By: Universal Property Holdings LLC
Unit 485103
$1,625
Available: Ask
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View Rented Units
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Where you'll live
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Vela Palm Bay Apartments
Vela Palm Bay Apartments
Vela Palm Bay Apartments
Location ratings
Walk Score®
23
Car-Dependent
Bike Score®
54
Bikeable
Amenities
On-site Laundry
Fitness Center
Refrigerator
Garbage Disposal
Trash Removal Included
Pool
Range / Oven
Microwave
Smoke-free Community
Elevator
Playground
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

1425 - 1625

Property details
Description

Please visit our website at https://www.velapalmbay.com/ for more information! Located in SE Brevard County, offers one- and two-bedroom apartments quietly nestled in the serenity of Palm Bay. Our newly constructed buildings feature modern residences with stainless steel appliances, on-site management, great amenities, and a wonderful, friendly neighborhood that is sure to make you feel right at home!

Additional Details
Total Unit Count: 158
Last Updated: Updated 3 hours ago
Contact Number: (321) 339-3423 ext: 5
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Vela Palm Bay Apartments by bedroom type below.
2 Bedroom
Suggested income:
$54,000
per year
Rent report

Vela Palm Bay Apartments Rent vs. Palm Bay Average

 Vela Palm Bay Apartments      Palm Bay Average
2BR
$1,500
$1,661
$0
$550
$1,100
$1,650
$2,200

Vela Palm Bay Apartments is asking 10% less than the average 2 bedroom apartment in Palm Bay.

If you upsized to an average priced Palm Bay 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Palm Bay 1 bedroom apartment, you would pay 14% less per month.

Vela Palm Bay Apartments provides 11% less square footage than the average Palm Bay 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Vela Palm Bay Apartments
2BR $1,500 $1.60 $4,501
Palm Bay Average
Studio $1,406 $3.10 $4,217
1BR $1,459 $2.00 $4,378
2BR $1,661 $1.60 $4,982
3BR $2,131 $1.40 $6,394
4BR $2,292 $1.20 $6,875

Availability in Palm Bay

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 46 2BR units on the market in Palm Bay. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 18% 33% 26% 18%
Available Units in Palm Bay
Studio 7
1BR 25
2BR 46
3BR 36
4BR 25
Location
Nearby College

Florida Institute of Technology

FAQs
Is this property currently leasing units?
Yes. There are 11 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 6 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 950 to 1,000 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,375 to $1,540. Vela Palm Bay Apartments has 2 bedroom units available starting at $1,375.
Where is this property located?
This property is at Mercury Ave SE in Palm Bay, FL. It's 3.5 miles southwest from the center of Palm Bay.
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