1. Florida
2. Palm Bay
3. 1623 Espejo Street SE, A & B

1623 Espejo Street SE, A & B, Palm Bay, FL 32909

• 6 beds |
• 4 baths |
• 3,016 sqft

Property Description

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%

Listing Status:

Active

Date Added:

July 16, 2025 at 05:00AM

Listing Office:

Golden Group Realty LLC : 407-990-5905

Listing Agent:

Milena Fernandes : 407-990-5905

MLS ID:

1044473

Interior

• A/C: Central Air
• Heating: Electric

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Milena Fernandes, Golden Group Realty LLC