520 & 522 Lee Avenue, Satellite Beach, FL 32937 | $730,000
🏡 Turnkey Duplex in Satellite Beach – Perfect for House Hackers & Owner-Occupied Investors
📍 520 & 522 Lee Avenue, Satellite Beach, FL 32937 | $730,000
MLS# 1041780 | Eau Gallie Shores Neighborhood | Brevard County
Listing courtesy of Todd Tracy, Keller Williams Realty Brevard
Looking for your first investment property or a way to offset your mortgage with rental income? This turnkey duplex in Satellite Beach is the ideal owner-occupied investment or duplex house hack—live in one unit, rent the other, and build equity in a high-demand coastal market!
💡 Why This Duplex is a Smart Investment
✅ Fully Renovated (2019–2020)
✅ Strong Rental Potential
✅ No HOA & Low Maintenance
✅ ¾ Mile to the Beach & ½ Mile to A+ Schools
✅ Eligible for FHA House Hack Loans
Each side of this spacious duplex features:
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2 Bedrooms / 1 Bathroom
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Open Floor Plans with Tile & LVP Flooring
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Modern Kitchens with Granite Countertops
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Updated Bathrooms
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Private One-Car Garages
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Screened-in Lanais
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Well-maintained with major system updates
🔧 Recent Improvements & System Updates
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🏠 New Roof (2019)
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💡 Square D Electric Panels (2019)
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❄️ 520 Lee: 2020 AC, 2015 Air Handler, 2019 Water Heater
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❄️ 522 Lee: 2022 AC & Air Handler, 2023 Duct Replacement, 2024 Water Heater
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🌿 Irrigation System on Well Water (Tuned Up 2022)
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🧱 Blown-in Attic Insulation (2023)
🧮 Investment Scenarios:
✔️ Live-in Flip – Enjoy appreciation while improving your home
✔️ House Hack – Live in one unit and cover your mortgage by renting the other
✔️ Buy & Hold – Rent both sides for passive income
✔️ FHA 3.5% Down Option – Start investing with minimal upfront cash
This property fits all strategies: BRRRR with FHA, low down payment investing, primary residence with rental income, and more!
📍 Location Highlights
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0.75 mi to Satellite Beach public beaches
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0.5 mi to top-rated Brevard County schools
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Close to shopping, parks, dining, and Patrick Space Force Base
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60 mins to Orlando Airport
🧑💼 List With a Local Investor-Friendly Agent
I’m a veteran and Space Coast local who specializes in investor-friendly homes, owner-occupied duplexes, and house hacking opportunities. Let’s make your first (or next) investment property a success.
📞 Call/Text 321-914-2347
📩 Schedule a private showing or request rental comps now!