$599,900
NEW CONSTRUCTION

1625 Chamorro St SE Palm Bay, FL 32909

Estimated payment $3,429/month

Total Views 1,354
6 Beds
2 Baths
2,780 Sq Ft
$216 Price per Sq Ft

Highlights

  • New Construction
  • High Impact Windows
  • Tile Flooring
  • No HOA
  • Tankless Water Heater
  • Central Heating and Cooling System

About This Home

This rare duplex is a true gem in today's market! With complete privacy between units, it's perfect for investors looking to live in one unit and rent out the other for consistent passive income. No HOA or CDD fees, meaning less expenses and more profit!

Each unit has 3 Bedrooms and 2 Full Bathrooms. Inside, enjoy modern luxury with sleek vinyl plank flooring, stainless steel appliances, stylish fixtures, quartz and butcher block countertops, and LED lighting. Plus, impact windows, a tankless water heater, and recent upgrades ensure long-lasting comfort.

The huge backyard is a blank canvas for entertaining or future projects. Located near Waterstone, Publix, and exciting new developments, this prime location will give you high-income potential. Don't miss out on this unique Palm Bay duplex!

Listing Agent

Angie Amate

EXP Realty, LLC License #3295927

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 115x180

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Home is estimated to be completed on 3/1/25
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,780 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting

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

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: Electric Dryer Hookup, In Unit, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 46
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Lighting
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • 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: 0.43
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

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 Dimensions: 115x180
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2943936
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • 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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Property History

Date Event Price Change Sq Ft Price
03/08/2025 03/08/25 For Sale $599,900 +943.3% $216 / Sq Ft
08/24/2023 08/24/23 Sold $57,500 -17.9% --
08/01/2023 08/01/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $70,000 -11.4% --
12/28/2022 12/28/22 Price Changed $79,000 -7.1% --
08/01/2022 08/01/22 For Sale $85,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Construction
Source: Public Records

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

MLS Number: 1039508

Space Coast MLS (Space Coast Association of REALTORS®)

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