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%
New construction
$599,000
1623 Espejo St SE #A & B, Palm Bay, FL 32909
6beds
3,016sqft
Est.:
Single Family Residence
Built in 2025
0.28 Acres Lot
$591,300 Zestimate®
$199/sqft
$-- HOA
What's special
Spacious backyardHigh-end finishes
- 158 days |
- 338 |
- 16 |
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