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2510 Hester Ave SE, Palm Bay, FL, 32909

--beds
--baths
--sqft
$600,000
--price/sqft
$4,613/moest. monthly cost
$184,520/yrincome needed

About This Home

New Construction Duplex | Investment Opportunity | Palm Bay Multifamily Zoning Don't miss this to-be-built duplex in a rapidly growing Palm Bay location--perfect for investors or owner-occupants looking to generate income. Each unit will feature 3 bedrooms, 2 bathrooms, and ~1,800 sq ft, with open-concept layouts, modern finishes, and a private garage. Designed for today's lifestyle, this property offers strong rental appeal and long-term value. Zoned multifamily, with the potential to build up to 4 units, making this a rare opportunity to maximize returns. Estimated 4-6 month build time, giving buyers the ability to secure new construction without extended delays. Ideal for: House hacking (live in one, rent the other) Long-term rental income Future expansion or resale flexibility Seller is open to multiple options, including construction-to-perm financing or purchase of land, plans, and permits. Prime opportunity to build equity and cash flow in Palm Bay.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
Sunrise Elementary SchoolGrades PK-61.7 mi
3/10
Southwest Middle SchoolGrades 7-84.5 mi
3/10
Bayside High SchoolGrades 9-123.2 mi

Construction

Condition

  • New construction: Yes

Materials

  • Construction materials: Block,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Property

Details

  • Parcel number: 293728Kq02031.00030.00
  • Special condition: Standard

Lot

  • Lot size: 0.43 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$463$5,556
Property Taxes $920$11,040
Electricity $197$2,366
Total$4,613$55,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,160/yr
40% on housing$138,390/yr
45% on housing$123,013/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 32909$179
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32909$188
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-09Listed for sale$600,000
2026-02-03Listing removed$600,000
2025-09-23Listed for sale$600,000
2022-03-28Sold$77,500
2022-03-10Pending sale$79,950
2021-11-20Listed for sale$79,950
2021-11-11Contingent$79,950
2021-09-02Price change$79,950
2020-11-12Listed for sale$72,950
2005-07-27Sold$45,000

New Construction

AgentNon-Member Non-Member Out Of Area
BrokerageNon-MLS or Out of Area

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