2542 Hester Avenue SE, Palm Bay, FL 32909

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List Price
$618,000
MLS#
1089277
Type
Multifamily
Bedrooms
8
Bathrooms
4
Lot Size
17,860
Subdivision
Port Malabar Unit 46
Year Built
2026

Property Description

Brand-new contemporary duplex with no HOA, offering the perfect blend of modern design, flexibility, and income potential. Each mirror-image residence features 4 bedrooms, 2 bathrooms, a 1-car garage, and an airy open-concept floor plan enhanced by soaring vaulted ceilings, oversized porcelain tile throughout, quartz countertops, warm wood cabinetry, designer black fixtures, recessed lighting, and spa-inspired tiled walk-in showers. The bright, clean aesthetic and low-maintenance finishes create a home that feels both sophisticated and inviting. Ideal for investors, multigenerational living, or owner-occupants looking to offset their mortgage by renting the second unit. Estimated rental income of $2,200-$2,400 per unit offers potential gross annual income of up to $57,600. Estimated insurance is approximately $1,800/year and taxes $4,500-$5,000/year. Buyer to independently verify all rental projections and operating expenses.

Additional Information

Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Exterior Construction
Block, Concrete, Stucco
Roof
Shingle
High School
Bayside
Middle School
Southwest
Elementary School
Sunrise
Utilities
Cable Available, Electricity Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Floor
Tile
Heating
Electric
Cooling
Central Air, Electric, Multi Units, Separate Meters

Listing courtesy of Real Broker, LLC.

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Calculator source: Real Geeks