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For SaleMulti-Family
$640K
1611-1613 Chamorro Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 46
6
Bedrooms
4
Bathrooms
2,780
Sq Ft
2025
Year Built
$230 /sqft

About This Property

Description from listing agent

Discover an exceptional, brand new investment opportunity in one of Palm Bay's fastest growing areas. Built in 2025, this impressive duplex offers two private residences, each featuring 3 bedrooms and 2 bathrooms with excellent separation between units. Live in one side while generating income from the other, lease both units to maximize earning potential, or create an ideal multigenerational living arrangement. Both residences showcase luxury vinyl plank flooring, large format tile, quartz and butcher block countertops, wood shaker cabinetry, and striking black and brass fixtures. Impact windows and doors, energy efficient LED lighting, and tankless water heaters provide lasting comfort, efficiency, and peace of mind. Each unit also includes a bright enclosed Florida room overlooking the spacious backyard, offering additional space to relax, entertain, and enjoy Florida living throughout the year.

Space Coast Context

🚀 Launch Viewing — Fair Views

43.6 mi from SLC-40

43.6 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris11.5 mi~26 min
Northrop13.5 mi~30 min
Blue Origin37.6 mi~1h 24m
SpaceX38.8 mi~1h 26m
Lockheed38.8 mi~1h 26m
Boeing/KSC40.6 mi~1h 30m
KSC41 mi~1h 31m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 8/14/26
    Listed
    $640K
    $230/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
5.8% above median
Median comparable close: $605,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $639,900
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.43 acres (18,731 sqft)
Full Baths
4
Stories
1
Garage
1 car
Days on Market
13
MLS Area
343 - SE Palm Bay

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 14, 2026
Parcel #
29-37-28-Kq-02032.0-0017.00
$640K

Listing Agent (for property info)

C
Cole Nichter
ZOOM Realty Group LLC
321-684-9829
Call Listing Agent

Estimated Monthly Payment

$4,161/mo
Principal & interest
$3,372
Property taxes
$640
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $640K price — down payment shown: $127,980.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1085050

What's Nearby

schools
Odyssey Junior/Senior High
1.2 mi away
schools
Odyssey Prep Academy
1.2 mi away
fire stations
Palm Bay Fire Department Station 4
1.3 mi away
shopping
Chevron
1.4 mi away
schools
Sunrise Elementary School
1.7 mi away
government
Supervisor of Elections and Property Appraiser
2.1 mi away
restaurants
McDonald's
2.2 mi away
shopping
7-Eleven
2.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085050 · Listing Broker: ZOOM Realty Group LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.