| State: | FL |
| Type: | SR |
| Route: | 507 |
| Alternate Name: | Babcock Street |
| Map Custom: | yes |
| Map Notes: | SR 507 in red, CR 507 in blue |
| Maint: | FDOT |
| Length Mi: | 5.528 |
| Length Round: | 3 |
| Direction A: | South |
| Terminus A: | in Palm Bay |
| Direction B: | North |
| Terminus B: | in Melbourne |
| Counties: | Brevard |
| Previous Type: | SR |
| Previous Route: | 501 |
| Next Type: | SR |
| Next Route: | 508 |
State Road 507 (SR 507) is a 4.9adj=midNaNadj=mid, four-lane highway serving Melbourne and Palm Bay, Florida. It is also known locally as Babcock Street. The southern terminus is an intersection with Malabar Road (SR 514 east of SR 507, County Road 514 west of it) in Palm Bay; the current northern terminus is an intersection with New Haven Avenue (U.S. Highway 192 (US 192)/SR 500) in Melbourne.
Babcock Street is a major commuter road for Palm Bay, one of the fastest-growing cities in the United States since 1980. The northern half (in Melbourne) features shopping centers and the main campus of Florida Institute of Technology; the southern half (in Palm Bay) passes through a large housing development.
South of SR 514, Babcock Road becomes a signed County Road 507 (CR 507), which continues 13miles southward to the boundary between Brevard County and Indian River County, four miles (6 km) north of Fellsmere. The road continues as County Road 507 to the intersection of County Road 512. Major destinations the road passes through are Port Malabar Industrial Park, Fountainhead Memorial Park, Greenwood Plantation, Deer Run, Sebastian Canal, and Downtown Fellsmere.
County Road 507 north of US 192 is a primary commercial boulevard for Melbourne, with businesses lining both sides of the street.
The historic northern terminus is 2.2miles further north, an intersection with Harbor City Boulevard (U.S. Route 1/SR 5), also in Melbourne (the former northern section of SR 507 is now unsigned County Road 507).