Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$289,900

1650 BURGANDY Street SE, Palm Bay, FL 32909, Palm Bay, FL 32909

Port Malabar

Price
$289,900
Beds / Baths
2 / 3
Living area
1,488 sqft
Year built
1981
Type
Residential
Lot
0.46 ac
Garage
2
HOA
None
CDD
No
Flood zone
Unknown
County
Brevard
Days on market
97

Short Sale... Discover a rare opportunity to own a versatile property offering space, flexibility, and long-term potential in the heart of Palm Bay. Situated on an expansive double lot totaling nearly half an acre, this unique residence combines comfortable everyday living with exceptional options for multigenerational living, guest accommodations, or income potential. The main home features 2 spacious bedrooms and 2.5 bathrooms, designed for both comfort and functionality. The layout includes generous living areas ideal for entertaining or relaxing, along with a convenient Jack-and-Jill bathroom configuration that enhances flow and privacy. With approximately 1,200 square feet of living space, the home offers an efficient footprint while maintaining a comfortable and open feel. A standout feature of this property is the detached oversized two-car garage complete with its own electrical panel and loft above--providing incredible flexibility. The loft space can easily be transformed into a private guest house, in-law suite, home office, studio, or additional storage, giving future owners the ability to customize the property to fit their lifestyle or investment goals. Plans for the garage are available. Major system updates provide peace of mind and improved efficiency, including a new roof installed in November 2023, new A/C in June 2024, and solar panels added in May 2024, helping reduce long-term operating costs and enhance sustainability. The septic system has also been recently serviced, ensuring the property is ready for its next chapter. Surrounded by mature trees and located in the established Port Malabar community, this property offers the perfect balance of privacy, space, and convenience. Whether you're seeking a primary residence with room to grow, a multigenerational living solution, or a property with future income potential, this home delivers unmatched versatility and opportunity. Property Highlights: Double lot totaling approximately 0.46 acres, 2 bedrooms | 2.5 bathrooms in main residence, Detached 2-car garage with loft--ideal for guest suite, office, or in-law quarters, New roof (2023), new A/C (2024), and solar panels (2024), Spacious living areas with functional layout, No HOA and endless potential for customization This is more than a home--it's a strategic opportunity to create value, expand functionality, and design a living environment tailored to your needs.

What to check on this one

  • Verify new roof installation date and warranty coverage documents.
  • Confirm flood zone designation via FEMA map; get elevation certificate if needed.
  • Review in-law suite legality—zoning compliance, separate utilities, deed restrictions.
  • Inspect detached garage electrical panel and loft structural integrity.
  • Confirm short sale is approved by lender; clarify closing timeline.
  • Check polybutylene plumbing given 1981 build year; get inspection.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$1,504/mo
Property tax (1.1% eff., Brevard Co.)$266/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$2,062/mo

Loan $231,920 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of NAVY TO NAVY HOMES LLC. Data via realMLS (Northeast Florida MLS), updated Aug 25, 2026, 6:45 AM.

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. Information is deemed reliable but not guaranteed.