Brand-New Contemporary
1659 Javier Street SE Palm Bay, FL 32909
For Sale
$599,000
MULTI_FAMILY - Palm Bay, FL
Property Size3,472 SF
Lot Size0.32 Acres
Price / SF$172.52
Days on Market23
Property Features for 1659 Javier Street SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 7
Parking
2
Parking features
Garage
Exterior features
Impact Windows
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Standard status
Active
APN
29-37-28-Kq-02010.0-0009.00
Size
3,472 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PORT MALABAR UNIT 46 LOT 9 BLK 2010
Tax Annual Amount
1108
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Multi Units
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Number of units
2
Flooring type
Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Lisa Lantrip · License #3241138
(321) 802-0220
Added: Jul 8
Changed: Jul 26
Last Checked: Jul 30 at 1:06AM
MLS# 1082672
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brand-new contemporary duplex offers a flexible two-unit setup with mirror-image floor plans. Each residence includes 4 bedrooms, 2 bathrooms, and an attached 1-car garage, with an open-concept layout featuring vaulted ceilings. Interior finishes include oversized porcelain tile, quartz countertops, warm wood cabinetry, black fixtures, recessed lighting, and spa-inspired tiled walk-in showers.
The property is located at 1659 Javier Street SE in Palm Bay, Florida, within Brevard County. The listing notes no HOA.
Set on a 0.32-acre lot with 3,472 square feet total building area, the duplex is presented as a residential income property for prospective buyers to evaluate for rental or owner-occupant use. The offering includes buyer verification for all rental projections and operating expenses.
The property is located at 1659 Javier Street SE in Palm Bay, Florida, within Brevard County. The listing notes no HOA.
Set on a 0.32-acre lot with 3,472 square feet total building area, the duplex is presented as a residential income property for prospective buyers to evaluate for rental or owner-occupant use. The offering includes buyer verification for all rental projections and operating expenses.
Key Highlights
- Brand‑new 2025 construction duplex (under construction) with no HOA
- Each side offers 4 bedrooms and 2 bathrooms with an open‑concept layout and vaulted ceilings
- Each unit includes a 1‑car garage, porcelain tile flooring, quartz countertops, and recessed lighting
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.9k | $18.12 |
| − Vacancy | −$4.7k | −$1.36 |
| EGI | $58.2k | $16.76 |
| − OpEx | −$17.5k | −$5.03 |
| NOI | $40.7k | $11.73 |
3,472 SF · lease $18.12/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$581.9K
$509.2K – $678.9K
NOI $40,736 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$517.0K
$452.4K – $603.1K
NOI $36,188 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$916.0K
$801.5K – $1.07M
NOI $64,121 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Contemporary duplex features two mirrored units, each with 4 bedrooms, 2 bathrooms, and a 1-car garage.
Where is this duplex located?
The property is located at 1659 Javier Street SE Palm Bay, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Brand‑new 2025 construction duplex (under construction) with no HOA; Each side offers 4 bedrooms and 2 bathrooms with an open‑concept layout and vaulted ceilings; Each unit includes a 1‑car garage, porcelain tile flooring, quartz countertops, and recessed lighting
