Contemporary Duplex with Vaulted
1659 Javier St SE Palm Bay, FL 32909
For Sale
$599,000
Brand-new duplex offers mirror-image 4 bed, 2 bath units with open-concept layouts, vaulted ceilings, and 1-car garages.
Property Size3,472 SF
Price / SF$172.52
Days on Market19
Property Features for 1659 Javier St SE
General Information
Standard status
Active
Size
3,472 SF
Property subtype
Multi-Family
Building Details
Year Built
2025
Listing Agency:
Real Broker, LLC
(321) 766-5674
Listed By:
Lisa Lantrip · License #3241138
Source:
Viewfloridabeachhouses
Added: Jul 12
Changed: Jul 27
Last Checked: Jul 29 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Investment Insights
Based on property information with market context.
Brand-new contemporary duplex with no HOA, built as two mirror-image residences. Each unit offers 4 bedrooms and 2 bathrooms with an airy open-concept floor plan and soaring vaulted ceilings. Finishes include oversized porcelain tile throughout, quartz countertops, warm wood cabinetry, designer black fixtures, recessed lighting, and spa-inspired tiled walk-in showers. Each residence also includes an attached 1-car garage.
The property is located at 1659 Javier St SE in Palm Bay, Florida. Public remarks note estimated rental income of $2,200–$2,400 per unit and potential gross annual income up to $57,600, along with estimated annual insurance of approximately $1,800 and taxes of $4,500–$5,000. Buyer is advised to independently verify all rental projections and operating expenses.
The property is located at 1659 Javier St SE in Palm Bay, Florida. Public remarks note estimated rental income of $2,200–$2,400 per unit and potential gross annual income up to $57,600, along with estimated annual insurance of approximately $1,800 and taxes of $4,500–$5,000. Buyer is advised to independently verify all rental projections and operating expenses.
Key Highlights
- Brand‑new duplex (Year Built 2025) with two mirror‑image residences
- Each unit features 4 bedrooms, 2 bathrooms, and an open‑concept layout with vaulted ceilings
- Each unit includes a 1‑car garage plus oversized porcelain tile floors, 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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brand-new duplex offers mirror-image 4 bed, 2 bath units with open-concept layouts, vaulted ceilings, and 1-car garages.
Where is this duplex located?
The property is located at 1659 Javier St 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 duplex (Year Built 2025) with two mirror‑image residences; Each unit features 4 bedrooms, 2 bathrooms, and an open‑concept layout with vaulted ceilings; Each unit includes a 1‑car garage plus oversized porcelain tile floors, quartz countertops, and recessed lighting
