About 1623 Espejo Street Se A & B
Brand-new modern duplex in rapidly growing Palm Bay—an exceptional investment opportunity with no HOA or CDD fees! This turnkey 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. This property is currently under construction and the expected completion date is end of June 2025. Seller is offering entire duplex at $599,000 or single duplex at $329,000 each 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%
Features of 1623 Espejo Street Se A & B
| MLS® # | 1044473 |
|---|---|
| Price | $599,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,016 |
| Acres | 0.28 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1623 Espejo Street Se A & B |
|---|---|
| Area | 343 - SE Palm Bay |
| Subdivision | Port Malabar Unit 46 |
| City | Palm Bay |
| County | Brevard |
| State | FL |
| Zip Code | 32909 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Garage |
| # of Garages | 2 |
| Is Waterfront | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Block, Stucco |
|---|---|
| Lot Description | Other |
| Construction | Block, Stucco |
School Information
| Elementary | Sunrise |
|---|---|
| Middle | Southwest |
| High | Bayside |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Golden Group Realty LLC |
|---|