Courtesy: Blue Marlin Real Estate
321-877-2902
Income Producing Property near Downtown Melbourne. Welcome to 2581 Spence Dr, a rare and versatile multi unit property offering immediate income and long term upside. This unique compound style residence is occupied and currently generating rental income, making it an ideal opportunity for investors seeking a stabilized asset in a growing market. The property features a main home with 2 bedrooms, 1 bathroom, and a garage, complemented by five additional rental units that allow for diversified income streams. These include: Unit A: Studio, Unit B: Studio, Unit C: 1-bedroom unit, Unit D: Efficiency unit with a loft, Unit E: Efficiency. Tenants enjoy shared amenities including a central courtyard that creates a welcoming community feel, as well as a dedicated laundry area for added convenience. Major improvements have already been completed, offering peace of mind to the next owner. The property has a newer roof and fencing.
Courtesy: EXP Realty, LLC
888-883-8509
Welcome to 2542 Hester St , where contemporary design meets exceptional value! This architecturally impressive duplex offers not one, but TWO fully equipped living spaces under one roof, making it perfect for investors, multi-generational families, or owner-occupants seeking rental income. Premium Features That Set This Property Apart: Luxury Finishes Throughout - Elegant floor tile spans the entire living space, eliminating carpet maintenance while providing a sleek, modern aesthetic. Gourmet Kitchens - Stunning stone countertops paired with rich wood cabinetry create a sophisticated culinary space in each unit. Thoughtful Floorplan - Each mirror-image unit features 4 spacious bedrooms, 2 full bathrooms, and open-concept living areas flooded with natural light Convenient Attached Garages - Private one-car garage for each unit provides secure parking and additional storage.
Courtesy: EXP REALTY LLC
888-883-8509
Under Construction. Stunning Brand New Modern Duplex in Palm Bay - Your Smart Investment Awaits! This architecturally impressive duplex offers not one, but TWO fully equipped living spaces under one roof, making it perfect for investors, multi-generational families, or owner-occupants seeking rental income. Luxury Finishes Throughout - Elegant floor tile spans the entire living space, eliminating carpet maintenance while providing a sleek, modern aesthetic. Gourmet Kitchens - Stunning stone countertops paired with rich wood cabinetry create a nice culinary space in each unit. Thoughtful Floorplan - Each mirror-image unit features 3 spacious bedrooms, 2 full bathrooms, and open-concept living areas flooded with natural light. Convenient Attached Garages - Private one-car garage for each unit provides secure parking and additional storage. Investors seeking immediate rental income from both units. Families wanting to live in one side while renting the other. Multi-generational living arrangements with privacy for all. First-time buyers looking to offset their mortgage through rental income. Ideally situated in growing Palm Bay with easy access to shopping, dining, schools, and major roadways. This is Florida living at its finest! Don't miss this rare opportunity to own a turnkey duplex with premium finishes in a desirable Palm Bay location. Schedule your private showing today!
Courtesy: EXP Realty, LLC
888-883-8509
Premium Features That Set This Property Apart: Luxury Finishes Throughout - Elegant floor tile spans the entire living space, eliminating carpet maintenance while providing a sleek, modern aesthetic. Gourmet Kitchens - Stunning stone countertops paired with rich wood cabinetry create a sophisticated culinary space in each unit. Thoughtful Floorplan - Each mirror-image unit features 3 spacious bedrooms, 2 full bathrooms, and open-concept living areas flooded with natural light. Convenient Attached Garages - Private one-car garage for each unit provides secure parking and additional storage. Move-In Ready - Brand new construction means no deferred maintenance, modern systems, and years of worry-free living ahead
Courtesy: LPT Realty, LLC
877-366-2213
Step into modern living with this brand-new, thoughtfully designed duplex. Built with symmetry and clean lines in mind, each unit offers a sleek combination of function and style that feels both fresh and timeless. The exterior showcases a striking black-and-white palette accented with warm natural wood details. A balanced hip roof crowns the structure, while double front entries create a welcoming, contemporary façade. Each side features its own single-car garage with natural wood doors, a private front entrance, and bright 3'x5' windows that flood the living spaces with light. Inside, you'll find open, efficient layouts designed to maximize comfort and usability. High ceilings, durable finishes, and modern design touches carry throughout, making this property an ideal fit for homeowners, multi-generational living, or investors looking for strong rental potential. Ready for move-in or as a long-term income opportunity.
Courtesy: Landshark Realty
321-567-7992
Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the six beds brings in approximately $5,000 per month, offering the potential for $30,000/month in gross income. The facility provides a safe, comfortable environment for residents and an efficient layout for staff, making it ideal for continued operation or expansion. With licensing already in place and income-producing beds in use, Gentle Hand ALF offers a rare opportunity to acquire a fully functional, profitable senior care business in a high-demand market.
Great income generating duplex with long term tenants paying $2,140 per month rent. One lease has 9 months left and the other has 1 year left. 7% CAP rate. Offered individually OR as a package with 1336 Pace Drive NW Palm Bay, FL (MLS# F10496486).
Courtesy: Billero & Billero Properties
772-231-0001
Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Palm Bay is located in Florida. Palm Bay, Florida has a population of 118,709. Palm Bay is more family-centric than the surrounding county with 26.32% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Palm Bay, Florida is $55,963. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Palm Bay is 40.9 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.
