$585,000
SOLD APR 25, 2025

1605 Espejo St SE Unit A & B Palm Bay, FL 32909

6 Beds
4 Baths
3,400 Sq Ft
0.28 Acres

Recently Sold

$172 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Tankless Water Heater
  • No HOA
  • High Impact Windows
  • Tile Flooring

About This Home

As of April 2025

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

Last Agent to Sell the Property

Angie Amate

EXP Realty, LLC License #3295927 Listed on: 02/08/2025

EXP Realty, LLC

Last Buyer's Agent

Denene Capritta

Relentless Real Estate Co. License #3299573

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Home is estimated to be completed on 3/31/25
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Home Security

  • Smart Lights or Controls
  • High Impact Windows

Schools

  • Sunrise Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 29-37-28-Kq-02012.0-0012.00
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Port Malabar Unit 46 Subdivision

Building Details

  • Gross Income $50,400
  • Net Operating Income $42,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$973

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 2025
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Gas Dryer Hookup, In Unit, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Port Malabar Unit 46
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 29-37-28-Kq-02012.0-0012.00
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 972.98
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 3400.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • General Property Information New Construction YN: Yes
  • General Property Information Senior Community YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Location Tax and Legal Zoning Description2: Multi Family
  • General Property Information CDD Fee YN: No
  • Smart Home Features Lighting2: Yes
  • General Property Information Stories2: 1
  • General Property Information Estimated Completion Date: 2025-03-31
  • General Property Information:Pool Private YN: No
  • Special Features: 5122
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Impact Windows
  • Roof: Shingle
  • Acres: 0.28
  • Pool Private: No
  • Construction Type: Block, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2943461
  • Parcel #: 29-37-28-Kq-02012.0-0012.00
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 972.98

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 50400.0
  • Income And Expenses Net Operating Income: 42900.0

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $585,000 -2.5% $172 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $599,900 -- $176 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Angie Amate

    Seller's Agent in 2025

    Angie Amate

    EXP Realty, LLC

    (407) 406-3213

    9 in this area

    51 Total Sales

    Section Image
  • Denene Capritta

    Buyer's Agent in 2025

    Denene Capritta

    Relentless Real Estate Co.

    (321) 960-4613

    1 in this area

    12 Total Sales

    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1036732

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Palm Bay 32909

1605 Espejo St SE Unit A & B, Palm Bay, FL

This home is located at 1605 Espejo St SE Unit A & B, Palm Bay, FL 32909 and is currently priced at $585,000, approximately $172 per square foot. This property was built in 2025. 1605 Espejo St SE Unit A & B is a home located in Brevard County with nearby schools including Sunrise Elementary School, Southwest Middle School, and Bayside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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