2542 Hester Avenue SE, Palm Bay, FL 32909

$618,000
8
BD
4
BA

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List Price
$618,000
MLS#
1089277
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
County
Brevard
City
Palm Bay
Area
SE Palm Bay
Subdivision
Port Malabar Unit 46
Bedrooms
8
Bathrooms
4
Total Square Feet
17,860
Acres
0.41
Year Built
2026
Days on Market
30

Property Description

AMENDMENT 3 APPROVED! Eligible Florida property owners may benefit from new property tax savings beginning in 2027. Ask about potential savings! Brand-new contemporary duplex with NO HOA & excellent income potential! Each unit offers 4 bedrooms, 2 baths, a 1-car garage, vaulted ceilings, porcelain tile, quartz countertops, wood cabinetry, designer fixtures & tiled walk-in showers. Ideal for investors, multigenerational living or owner-occupants seeking rental income. Estimated rents of $2,200-$2,400 per unit provide potential gross annual income up to $57,600! Estimated insurance $1,800/year & taxes $4,500-$5,000/year. Buyer to verify all projections & expenses.

Additional Information

Tax Year
2024
Tax Amount
$1,302
Exterior Features
Impact Windows
Location Description
Few Trees
Equipment And Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Utilities
Cable Available, Electricity Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Exterior Finish
Block, Concrete, Stucco
Construction
Block, Concrete, Stucco
Roof
Shingle
Floor
Tile
Parking
Garage, Garage Door Opener
Garage Spaces
1
Dwelling View
Trees/Woods
Elementary School
Sunrise
Middle School
Southwest
High School
Bayside

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Listing courtesy of Real Broker, LLC.