Brand-New Contemporary
1659 Javier Street SE Palm Bay, FL 32909
1659 Javier Street SE, Palm Bay, FL, 32909
$599,000
For Sale
$599,000
MULTI_FAMILY - Palm Bay, FL
Property Size3,472 SF
Lot Size0.32 Acres
Price / SF$172.52
Days on Market9
Property Features for 1659 Javier Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 6, 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
6525 3rd St. #109, Rockledge, FL
Listed by
Lisa Lantrip · License #3241138
(321) 802-0220
Added: Jul 8 Checked: Jul 16 at 9:06 pm
MLS# 1082672
Listing URL
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 duplex under construction with no HOA
- Two mirror‑image residences: 4 bedrooms and 2 bathrooms each
- Each unit includes a 1‑car garage and open‑concept layout with vaulted ceilings
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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 duplex under construction with no HOA; Two mirror‑image residences: 4 bedrooms and 2 bathrooms each; Each unit includes a 1‑car garage and open‑concept layout with vaulted ceilings
