$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

45 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • Open Floorplan
  • Family Room Off Kitchen
  • Storm Windows

About This Home

As of April 2025

Discover an 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, making it perfect for investors looking to live in one unit and rent the other for steady, passive income. With no HOA or CDD restrictions, you can enjoy the freedom to truly make this property your own with the least amount of expenses… more money for your pocket! Inside, every detail has been thoughtfully upgraded. Both units feature modern luxury with elegant luxury vinyl plank flooring, stainless steel appliances, and large format tile that exudes sophistication. The contemporary design is enhanced by darks and brass fixtures, wood shaker cabinets, quartz and butcher block countertops, and all LED ceiling lights. Impact windows and doors, a tankless water heater, and recent updates throughout ensure comfort and peace of mind for years to come.Step outside to a massive backyard—a blank canvas perfect for outdoor entertaining or future enhancements. Located less than 2 miles from Waterstone, the new Publix Shopping Center, and surrounded by exciting new developments, this property combines convenience with high-income potential. Seize this unique opportunity in Palm Bay and capitalize on a duplex that stands apart from the rest!

Last Agent to Sell the Property

Angie Amate

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3295927

EXP REALTY LLC

Co-Listed By

Ceila Morales

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3079625

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120x100

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Home is estimated to be completed on 3/1/25
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room Off Kitchen
  • Luxury Vinyl Tile Flooring
  • Storm Windows
  • Laundry closet

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by MIMECA CONSTRUCTION
  • Port Malabar Unit 46 Subdivision

Building Details

  • Operating Expense $7,500
  • Gross Income $50,400

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
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3400
  • Lot Size Acres: 0.28
  • New Construction: Yes
  • Year Built: 2025
  • Lot Size Sq Ft: 12197
  • Directions to Property: 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.
  • Status: Sold
  • Street Post Direction: SE
  • Co List Office Mls Id: MFR261010944
  • Co List Office Phone: 888-883-8509
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow City: Orlando
  • Escrow Postal Code: 32801
  • Escrow State: FL
  • Escrow Street Name: S Orange Ave., Suite 1000
  • Escrow Street Number: 300
  • List Office Head Office Key Nume: 1041803
  • RATIO Current Price By Calculate: 172.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: BL24-03144
  • Attribution Contact: 888-883-8509
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Window Features: Storm Window(s)
  • Street Number Modifier: 1605
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 315.87

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2025-03-01T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM10
  • Parcel Number: 29 3728-KQ-2012-12
  • Additional Parcels: No
  • Lot Dimensions: 120x100
  • Flood Zone Code: x
  • Lot Size Square Meters: 1133

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: MIMECA CONSTRUCTION

Rental Info

  • Total Actual Rent: 4200

Multi Family

  • Gross Income: 50400
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 972.98
  • Tax Block: 2012
  • Tax Book Number: 22-58
  • Tax Lot: 12

Map

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 -- -- --
02/07/2025 02/07/25 For Sale $599,900 -- $176 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: S5120245

Stellar MLS

Florida Brevard County Palm Bay 32909

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

Homes for Sale in 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393