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%
Sold for $585,000
$585,000
1623 Espejo St SE #A & B, Palm Bay, FL 32909
6beds
3,016sqft
Duplex
Built in 2025
-- sqft lot
$580,000 Zestimate®
$194/sqft
$1,929 Estimated rent
Home value
$580,000
$534,000 - $632,000
$1,929/mo
Zestimate® history
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$1,929/mo
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$3,860/mo
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$3,860/mo
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List your homeWhat's special
Spacious backyardHigh-end finishesComplete privacy between units
Zillow last checked:
Listing updated:
Listed by:
Milena Fernandes 407-990-5905,
Golden Group Realty LLC,
Glenn Vallias 561-377-7701,
Golden Group Realty LLC
Bought with:
Unknown Office
Source: Space Coast AOR,MLS#: 1063892
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
- Has fireplace: No
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,016 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 0.32 Acres
Details
- Additional parcels included: 2943460
- Parcel number: 293728Kq02012.00011.00
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Concrete, Stucco
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Port Malabar Unit 46
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $194/sqft
- Annual tax amount: $1,199
- Date on market: 12/9/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $585,000-2.3%$194/sqft |
Source: Space Coast AOR #1063892 Report a problem | ||
| 12/13/2025 | Pending sale | $599,000$199/sqft |
Source: Space Coast AOR #1063892 Report a problem | ||
| 7/16/2025 | Listed for sale | $599,000$199/sqft |
Source: Space Coast AOR #1044473 Report a problem | ||
| 5/14/2025 | Pending sale | $599,000$199/sqft |
Source: Space Coast AOR #1044473 Report a problem | ||
| 4/28/2025 | Listed for sale | $599,000$199/sqft |
Source: Space Coast AOR #1044473 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32909
Nearby homes
- $--3 bd2 ba1.9k sqft1623 Espejo St SE, Palm Bay, FL 32909Off Market
- $--3 bd2 ba1.5k sqft1623 Espejo St SE #A, Palm Bay, FL 32909Off Market
- $--3 bd2 ba1.5k sqft1623 Espejo St SE #B, Palm Bay, FL 32909Off Market
- $585,0006 bd4 ba3.4k sqft1605 Espejo St SE #A & B, Palm Bay, FL 32909Sold
- $348,4003 bd2 ba2k sqft1641 Espejo St SE, Palm Bay, FL 32909Off Market
- $57,0000.28 Acres1605 Espejo St SE, Palm Bay, FL 32909Sold
- $397,6004 bd3 ba2.2k sqft1624 Desco St SE, Palm Bay, FL 32909Off Market
- $488,6003 bd2 ba2.4k sqft1624 Espejo St SE, Palm Bay, FL 32909Off Market
Nearby schools
GreatSchools rating
- 5/10Sunrise Elementary SchoolGrades: PK-6Distance: 1.8 mi
- 3/10Southwest Middle SchoolGrades: 7-8Distance: 4.4 mi
- 3/10Bayside High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Sunrise
- Middle: Southwest
- High: Bayside
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$580,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$580,000
- Florida
- Brevard County
- Palm Bay
- 32909
- 1623 Espejo St SE Unit A & B
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