1623 Espejo Street SE, Palm Bay, FL 32909
- $585,000
- 6
- BD
- 4
- BA
- 3,016
- SqFt
- Sold Price
- $585,000
- List Price
- $599,000
- Closing Date
- Jan 20, 2026
- MLS#
- 1063892
- Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,016
- Lot Size
- 13,939
- Subdivision
- Port Malabar Unit 46
- Year Built
- 2025
Property Description
Brand-new recently completed modern duplex in rapidly growing Palm Bay—an exceptional investment opportunity with no HOA or CDD fees! This turn key property offers complete privacy between units, making it ideal for investors or owner-occupants looking to live in one side and rent the other. Both units feature high-end finishes. Built for comfort and efficiency. A spacious backyard adds potential for outdoor living or future enhancements. Conveniently located near Waterstone, the new Publix Shopping Center, and multiple new developments, this duplex is positioned for long-term value and steady rental income. Seller is offering entire duplex at $599,000. Investor Info: Insurance $1800 yr, Taxes est $4500-$5k, Rent per side $2400-$2600 each , Based on $600k purchase and $2400 per month each / $4800 total monthly rent $57,600 yr, Cap or ROI 9.6%
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Additional Information
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Exterior Construction
- Block, Concrete, Stucco
- High School
- Bayside
- Middle School
- Southwest
- Elementary School
- Sunrise
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Electric
- Cooling
- Electric
Listing courtesy of Golden Group Realty LLC. Selling Office: Unknown Office.