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1626 De La Vega St SE, Palm Bay, FL, 32909

4beds
4baths
1,508sqft
$625,000
$414price/sqft
$4,405/moest. monthly cost
$176,200/yrincome needed

About This Home

New Construction Full Duplex - Prime Investment Opportunity Builder Offering Closing Cost Assistance Est. Completion Late Summer Brand-new full duplex offering 6 total bedrooms, 4 full bathrooms, and 2 garage spaces (1 per unit). Each unit features approximately 1,508 sq ft of living space, plus a 374 sq ft garage, totaling 1,911 sq ft per side. Spacious open-concept layouts, private primary suites, indoor laundry, and modern finishes designed for long-term rental appeal. Ideal for investors seeking strong cash flow potential or owner-occupants looking to offset their mortgage with rental income. Perfect candidate for DSCR financing -- qualify based on rental income rather than personal income. New construction means low maintenance, energy efficiency, and strong tenant demand. Secure pre-completion pricing and take advantage of builder closing assistance.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
Sunrise Elementary SchoolGrades PK-61.5 mi
3/10
Southwest Middle SchoolGrades 7-84.6 mi
3/10
Bayside High SchoolGrades 9-123.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Concrete,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,911
  • Total interior livable area: 1,508 sqft

Property

Details

  • Parcel number: 293728Kq02034.00003.00
  • Special condition: Standard

Features

  • Stories: 1

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 $3,160$37,920
Home Insurance *$483$5,796
Property Taxes $565$6,780
Electricity $197$2,366
Total$4,405$52,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,028/yr
40% on housing$132,150/yr
45% on housing$117,466/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

$414This 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
2026-03-04Listed for sale$625,000
2026-02-23Sold$96,900
2026-01-02Pending sale$99,995
2025-12-29Listed for sale$99,995
2000-06-26Sold$6,000

New Construction

AgentMilena Fernandes
BrokerageGolden Group Realty LLC

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