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$585,000
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Property Description
Brand-new recently completed modern duplex in rapidly growing Palm Bay-an exceptional investment opportunity with no HOA or CDD fees! This turn key property offers complete privacy between units, making it ideal for investors or owner-occupants looking to live in one side and rent the other. Both units feature high-end finishes. Built for comfort and efficiency. A spacious backyard adds potential for outdoor living or future enhancements. Conveniently located near Waterstone, the new Publix Shopping Center, and multiple new developments, this duplex is positioned for long-term value and steady rental income. Seller is offering entire duplex at $599,000. Investor Info: Insurance $1800 yr, Taxes est $4500-$5k, Rent per side $2400-$2600 each , Based on $600k purchase and $2400 per month each / $4800 total monthly rent $57,600 yr, Cap or ROI 9.6%
Full Property Details
Full Property Details for 1623 Espejo St SE #A & B
General
- Sold For: $585,000
- Taxes: $1,199 (2024)
- Status: Closed
- Type: Duplex
- Source: BrevardCounty
- MLS ID: 1063892
- Added to Site: 85 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- Area: 343 - SE Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 46
- Driving Directions: From I-95: Take exit 173, Use the left 2 lanes to take the Malabar Rd ramp to FL-514 E/Malabar, Turn right onto S Babcock St, Turn right ontoEspejo St SE
- Direction Faces: South
School Information
- Elementary School: Sunrise
- Middle School: Southwest
- High School: Bayside
Community
- Community Features: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Concrete, Stucco
- Stories/Levels: 1
- Square Feet: 3,016
- Living Area: 3,016 Sq. Ft.
- Current Bldg. Use: Investment, Residential
- Year Built: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
Financial Considerations
- Price Per Sq. Ft.: $198.61
- Tax Amount: $1,199.35
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-37-28-Kq-02012.0-0011.00
Listed by Golden Group Realty LLC
Sold by Unknown Office
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Schools
Schools serving 1623 Espejo St SE #A & B
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Palm Bay, FL 1651 Mara Loma Blvd Se, Palm Bay, FL 32909 | PK-6 | 1.8 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 4.4 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 Espejo St SE #A & B
Date
Details
Price
Change
Source
1/20/2026
Sold
$585,000
-2.34%
MLS
12/09/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1623 Espejo Street SE #A & B, Palm Bay, FL 32909 (MLS# 1063892) is a Duplex property that was sold at $585,000 on January 20, 2026. Want to learn more about 1623 Espejo Street SE #A & B? Do you have questions about finding other Duplex real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

