567 Mimosa Street SW, Palm Bay, FL 32908 — MLS photo

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567 Mimosa Street SW, Palm Bay, FL 32908

Active · SingleFamilyResidence

$349,565

567 Mimosa Street SW, Palm Bay, FL 32908

Beds
3
Baths
2
Living area
2,064 sq ft
$ / sq ft
$169/sq ft
Year built
2006
Lot size
10,019 sq ft
HOA fee
—
Annual tax
$97

About this property

OVER 2,000 SQ FT + 3 BEDROOMS + 2 FLEX ROOMS + 2023 ROOF + IMPACT WINDOWS + NO HOA. Concerned about rising interest rates? Sellers are offering $6K toward buyer's closing costs or rate buy-down. Need More Space Without Paying for a 4- or 5-Bedroom Home? Move right into this beautifully updated SW Palm Bay home offering space, flexibility and energy-efficient features! The spacious open floor plan includes 3 bedrooms, 2 bathrooms, PLUS TWO versatile flex rooms—ideal for home offices, a gym, playroom, hobby space, guest room, or whatever fits your lifestyle. Major improvements include a 2023 roof, 2017 energy-efficient A/C system, 2018 solar water heater, solar attic exhaust fans, and oversized hurricane-impact windows that bring in abundant natural light while adding protection. Inside, the home feels fresh and modern with newer luxury vinyl plank flooring, updated lighting, and fresh interior and exterior paint. The spacious kitchen offers oversized premium cabinetry, updated appliances and countertops. Outside, an extended driveway provides additional parking, while the large fully fenced backyard offers plenty of room for pets, entertaining, gardening, or simply enjoying the Florida sunshine in your own private outdoor space. Located in the growing SW Palm Bay area, you'll enjoy convenient access to shopping, dining, schools, major roadways, and everyday necessities—all while living in an established neighborhood with NO HOA. With its combination of updates, flexible living space, energy-saving features, and generous backyard, this home offers a lot to love. Schedule your private tour today!

Property location

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567 Mimosa Street SW, Palm Bay, FL 32908

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,064 sq ft
Flooring
Vinyl
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Split Bedrooms, Separate Shower, Vaulted Ceilings, Bar, Walk In Closets, Pantry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2006
Stories
1
Lot size
10,019 sq ft
Architectural style
One Story
Roof
Composition, Shingle
Construction
Block, Stucco
Pool
None

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces, Unpaved

HOA, Community & Financials

Association fee
$0
Pets allowed
No
Annual tax
$97
Subdivision
PORT MALABAR UNIT 31
County
Brevard
Days on market
136
MLS listing ID
B26038354
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$2,340

Cap rate
13.7%
Net yield
13.7%
Cash-on-cash return
28.7%
Gross yield
16.1%
Mortgage payment
$1,657/mo
Down payment
$87,391
Loan amount
$262,174
Annual NOI
$47,968

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.