Located in the heart of Merritt Island, this solid duplex offers an excellent value-add opportunity for investors. One unit is currently vacant, while the other is occupied on a month-to-month basis at $1,450 per month.

The property features a roof from 2020, and both A/C units and water heaters are in working condition. The vacant unit experienced minor water damage from rain runoff under the unit. Repairs are recommended for a few soft spots in the flooring, adding gutters to the roof, along with general cosmetic updates to maximize rental potential. The occupied unit is in good overall condition and could benefit from modernization over time.

With market rents of approximately $1,500 per side, this property aligns well with the 1% rule and offers immediate income, plus upside through light renovations. Duplex inventory in Merritt Island is limited. Don’t miss this opportunity to secure a rare multifamily investment in one of Brevard County’s most desirable submarkets. Call your EquityPro Advisor today.