2235 Macedo Rd NE, Palm Bay, FL, 32907
About This Home
Unlock incredible income potential or flexible multi-generational living with this unique, cash-flow-ready corner lot property in the heart of NE Palm Bay! Converted into a highly functional duplex setup, this versatile home offers two entirely separate living areas under one roof--with the effortless option to reconnect them later. The main right-side unit features a spacious 2-bedroom, 2-bathroom layout anchored by a large, light-filled open kitchen and a cozy living area spotlighted by a beautiful stone fireplace. The left-side suite serves as the ultimate self-contained layout for an in-law suite, student space, or steady rental income. Step outside to enjoy your private, fenced backyard oasis. Best of all, the property features a 1-car garage converted into a dedicated laundry room and storage utility center, giving you heaps of bonus square footage. Live in one side and let the other pay your mortgage!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Roof: Shingle
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Range,Refrigerator,Washer
- Laundry features: In Garage
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Open Floorplan,Primary Bathroom - Shower No Tub,Walk-In Closet(s)
- Flooring: Laminate,Stone
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 2,196
- Total interior livable area: 1,460 sqft
Property
Details
- Parcel number: 283734Ft00087.00008.00
- Special condition: Standard
Features
- Stories: 1
- Patio & porch: Covered,Side Porch
- Fencing: Chain Link
Lot
- Lot size: 10,454 sqft
- Features: Few Trees
Parking
- Parking features: Garage,Garage Door Opener
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
- Lightning
- Inland Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,314 | $15,768 |
| Home Insurance * | $219 | $2,628 |
| Property Taxes | $399 | $4,788 |
| Electricity | $197 | $2,366 |
| Total | $2,129 | $25,548 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-18 | Listed for sale | $260,000 |
| 2026-07-03 | Listing removed | $1,500 |
| 2026-05-22 | Price change | $1,500 |
| 2026-05-20 | Listed for rent | $1,550 |
| 2026-04-28 | Listing removed | $1,550 |
| 2026-04-15 | Price change | $1,550 |
| 2026-03-22 | Listed for rent | $1,600 |
| 2024-09-20 | Listing removed | $2,000 |
| 2024-09-16 | Price change | $2,000 |
| 2024-09-10 | Listed for rent | $1,900 |
| 2024-08-29 | Listing removed | $1,900 |
| 2024-08-27 | Listed for rent | $1,900 |
| 2019-11-08 | Listing removed | $1,400 |
| 2019-09-09 | Listed for rent | $1,400 |
| 2018-09-14 | Sold | $135,000 |
| 2018-09-12 | Pending sale | $149,000 |
| 2018-09-05 | Listed for sale | $149,000 |
| 2015-08-03 | Sold | $102,900 |
| 2015-06-03 | Pending sale | $99,900 |
| 2015-05-29 | Listed for sale | $99,900 |
| 2014-10-24 | Listing removed | $95,000 |
| 2014-08-21 | Price change | $95,000 |
| 2014-08-09 | Price change | $99,800 |
| 2014-07-04 | Listed for sale | $99,900 |
| 2002-12-03 | Sold | $83,500 |
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