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Scott Franzen

scott@crowncoastalgroup.com +1(772) 521-2541

$ 599,900

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Active

1605 Espejo ST SE #A & B Palm Bay, FL 32909

6 Beds

4 Baths

3,400 SqFt

UPDATED:

02/21/2025 12:31 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $176

Subdivision Port Malabar Unit 46

MLS Listing ID 1036732

Bedrooms 6

Full Baths 4

HOA Y/N No

Total Fin. Sqft 3400

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 2025

Annual Tax Amount $972

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Duplex

Property Description

Discover am exceptional brand new investment opportunity in Palm Bay - A true unicorn in today's market! This rare and unique golden opportunity offers complete privacy between units. Ideal for investors seeking passive income by living in one unit and renting the other for steady, passive income. With no HOA or CDD fees, you will maximize your earnings - More money for your pocket! Inside, both units boast luxury finishes, including vinyl plank flooring, large format tile, quartz and butcher block countertops, stylish black and brass fixtures and wood shaker cabinets. Additional features like impact windows and doors, LED lighting, and a tankless water heater ensure long-term comfort and efficiency. The spacious backyard provides endless possibilities for outdoor living or future upgrades. Conveniently located near Waterstone, the new Publix Shopping Center, and thriving developments, this duplex offers both prime location and high-income potential. Don't miss this unique investment

Location

State FL

County Brevard

Area 343 - Se Palm Bay

Direction From I-95 S ramp to Miami, take exit 173 toward Malabar RD SE. Use the left 2 lanes to take the Malabar Rd ramp to FL-514 E/Malabar. Merge onto Malabar RD SE. Turn right onto S Babcock St. Turn right onto Espejo St SE.

Interior

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Furnishings Unfurnished

Appliance Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater

Laundry Gas Dryer Hookup, In Unit, Washer Hookup

Exterior

Exterior Feature Impact Windows

Parking Features Attached, Garage

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Available, Water Available

Roof Type Shingle

Present Use Multi-Family,Residential

Street Surface Asphalt,Paved

Road Frontage City Street

Garage Yes

Private Pool No

Building

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

New Construction Yes

Schools

Elementary Schools Sunrise

High Schools Bayside

Others

Senior Community No

Tax ID 29-37-28-Kq-02012.0-0012.00

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Real Estate Owned

Virtual Tour https://www.propertypanorama.com/instaview/spc/1036732

Space Coast Association of Realtors (Brevard MLS)

Listed by EXP Realty, LLC