$570,000
Palm Bay, FL 32909
MLS# 1036734
Status: Closed
6 beds | 4 baths | 3400 sqft
1 / 51
Property Description
PRICE TO SELL - NOW AT APPRAISED VALUE - NO GUESSWORK! 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.
Details
Maps
Location, Tax, and Legal
Unit Number: A & B
Tax Account: 2943937
Parcel Number: 29-37-28-Kq-02032.0-0017.00
General County Location: South
Elementary School: Sunrise
Middle School: Southwest
High School: Bayside
Tax Annual Amount: 972.98
Tax Year: 2024
Tax Legal Description: PORT MALABAR UNIT 46 LOT 17 BLK 2032
Zoning Description: Multi Family
Directions: 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 Chamorro St SE.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 2780
Living Area Source: Owner
Building Area Total: 3400
Lot Size Acres: 0.43
Lot Size Dimensions: 105x180
Lot Size Square Feet: 18731
Association YN: No
New Construction YN: Yes
Estimated Completion Date: 2025-03-31
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Pool Private YN: No
List Price/SqFt: 210.43
Sold Price/SqFt: 205.04
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 2025
Remarks and Miscellaneous
Public Remarks: PRICE TO SELL - NOW AT APPRAISED VALUE - NO GUESSWORK! 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.
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Closing Company Details
Closing Company Name: Title Team
Closing Company Address: 300 S Orange Ave., Suite 1000 Orlando, Florida 32801
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Residential: 1
DPR Eligible
DPR Eligible: Yes
Exterior Features
Impact Windows: 1
Flooring
Tile: 1
Vinyl: 1
Green Energy Efficient
Lighting: 1
Heating
Central: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Parking Features
Attached: 1
Garage: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 50400
Net Operating Income: 42900
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Shingle: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: A
Actual Rent: 0
Unit SqFt: 1390
Beds Total: 3
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Potential Monthly Rent of $2,100
Unit 2 Details
Unit ID: B
Actual Rent: 0
Unit SqFt: 1390
Beds Total: 3
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Potential Monthly Rent of $2,100
Utilities
Cable Available: 1
Electricity Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Combination Lock Box: 1
Other: 1
Smart Home Features
Lighting: 1
Other: LED Lighting
Contract Information
Current Price: $570,000
Original List Price: 599900
Sold Price: $570,000
Status: Closed
Listing Contract Date: 2025-02-07
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 1613
Street Name: Chamorro
Street Suffix: Street
Street Direction Suffix: SE
County: Brevard
State: FL
Postal Code: 32909
MLS Area Major: 343 - SE Palm Bay
Subdivision Name: Port Malabar Unit 46
Status Change Information
Major Change Timestamp: 2025-06-21T14:45:59Z
Major Change Type: Status Change
Price Change Timestamp: 2025-04-25T21:20:13Z
Status Change Timestamp: 2025-06-21
Purchase Contract Date: 2025-05-01
Close Date: 2025-06-11
Close Price: 570000
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Tankless Water Heater
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Multi-Family; Residential
Exterior Features: Impact Windows
Financial Data Source: Owner
Flooring: Tile; Vinyl
Green Energy Efficient: Lighting
Heating: Central
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Parking Features: Attached; Garage
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Roof: Shingle
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Water Available
Water Source: Public
Smart Home Features: Lighting
Showing Requirements: Combination Lock Box; Other
Listing Office: EXP Realty, LLC
Last Updated: July - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.