$589,863
RENTED MAR 31, 2025

1625 Chamorro St SE Unit A Palm Bay, FL 32909

3 Beds
2 Baths
1,390 Sq Ft
$424 Price per Sq Ft

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Walk-In Closet
  • No HOA
  • High Impact Windows
  • Tankless Water Heater

About This Home

As of March 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 Rent the Property

Angie Amate

EXP Realty, LLC License #3295927 Listed on: 02/17/2025

EXP Realty, LLC

Last Renter's Agent

Jessica Perry

Keller Williams Realty Brevard License #3551996

Keller Williams Realty Brevard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 2025

Lot Details

  • 0.28 Acre Lot
  • South Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Asphalt

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Impact Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Port Malabar Unit 46 Subdivision

Listing and Financial Details

  • Property Available on 3/15/25
  • Tenant pays for electricity, grounds care, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$973

Year Built

Built in 2025

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Grounds Care, Water
  • Lease Term: 12 Months
  • Available Date: 2025-03-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2025
  • Reso Property Sub Type: Duplex
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Port Malabar Unit 46
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • General Property Information Living Area2: 1390.0
  • General Property Information Building Area Total3: 1680.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: 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
  • Utilities Electricity Available: Yes
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN3: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Impact Windows
  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • 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
  • 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

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2943461
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
828 Investment Group Llc
Bought by
Le Phuoc Cao and Nguyen Hue
Current Estimated Value
$589,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$397,980
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2025
Closed on
May 30, 2025
Sold by
828 Investment Group Llc
Bought by
Le Phuoc Cao and Nguyen Hue Thi
Seller's Agent
Angie Amate
EXP Realty, LLC
Buyer's Agent
Jessica Perry
Keller Williams Realty Brevard
Sold Price
$2,000
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$397,980
Interest Rate
6.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Phuoc Cao $570,000 Title Team
Le Phuoc Cao $570,000 Title Team
Le Phuoc Cao $570,000 Title Team
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Phuoc Cao $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Rented $2,000 -4.8% --
03/26/2025 03/26/25 Off Market $2,100 -- --
02/17/2025 02/17/25 For Rent $2,100 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $973 $65,000 -- --
2024 $730 $52,000 -- --
2023 $730 $52,000 $52,000 $0
2022 $614 $40,000 $0 $0
2021 $532 $25,500 $25,500 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1037545

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-28-KQ-02032.0-0016.00