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181 Oak Avenue

Cocoa Beach, FL 32931
  • $557,999
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: T3536995
Price Reduced
UPDATED: 61 min ago
$557,999
  • 4
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $279
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1975
County:
Area:

School Ratings & Info

Description

Rare turnkey Duplex Opportunity! Lowest price per square foot for many miles in any direction! Seize the chance to own this beautifully maintained duplex, now available at an attractive price due to the landlord's early retirement. Ideally located just moments from the beach, dining, and shopping, this property offers the perfect blend of coastal charm and convenience. Situated on a generous lot, the duplex features two spacious units, each with 2 bedrooms and 1 bathroom. It stands out as the most competitively priced multi-family property in the area, with no HOA fees or rental restrictionsmaking it a prime choice for savvy investors or those interested in a dual-income residence. The expansive lot includes ample parking with a wide driveway and a practical carport, ensuring plenty of space for all your vehicles. Enjoy outdoor living with inviting dining and entertainment areas on the lush, private patio, surrounded by a well-maintained backyard. Recent updates include a durable 8-year-old roof and separate air conditioning units for each unit, individually metered for tenant convenience and efficiency. Inside, you'll find stylish laminate flooring throughout, cozy carpeted areas, and tiled kitchens and bathrooms. Each kitchen boasts elegant solid wood cabinets and generous counter space, adding a touch of sophistication. Additional features include on-site laundry facilities and a dedicated storage shed. Current tenants are paying below market ratesapproximately $1,200 and $1,600 respectivelywhile market rents for these units are around $1,750 each. With leases on a month-to-month basis, this property offers the potential for monthly income of $3,500 to $3,800 in one of Cocoa Beach's most coveted neighborhoods. Don't miss this rare opportunity! Whether you're an experienced investor looking to expand your portfolio or a savvy first-time homebuyer interested in living in one unit while renting the other, schedule your showing today and explore the endless possibilities of this property! Easy to show!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-10-13T08:43:45.993.
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181 Oak Avenue Cocoa Beach, FL 32931

  • Price: $557,999
  • Status: Active
  • On Site: 108 Days
  • Updated: 61 min ago
  • MLS #: T3536995
4
Beds
2
Baths
0
½ Baths
0.18
Acres
2,000
SQFT
$279
$/SQFT
1975
Built
Neighborhood:
Cocoa Beach Add 08
County:
Brevard
Area:
Cocoa Beach
Property Description
Rare turnkey Duplex Opportunity! Lowest price per square foot for many miles in any direction! Seize the chance to own this beautifully maintained duplex, now available at an attractive price due to the landlord's early retirement. Ideally located just moments from the beach, dining, and shopping, this property offers the perfect blend of coastal charm and convenience. Situated on a generous lot, the duplex features two spacious units, each with 2 bedrooms and 1 bathroom. It stands out as the most competitively priced multi-family property in the area, with no HOA fees or rental restrictionsmaking it a prime choice for savvy investors or those interested in a dual-income residence. The expansive lot includes ample parking with a wide driveway and a practical carport, ensuring plenty of space for all your vehicles. Enjoy outdoor living with inviting dining and entertainment areas on the lush, private patio, surrounded by a well-maintained backyard. Recent updates include a durable 8-year-old roof and separate air conditioning units for each unit, individually metered for tenant convenience and efficiency. Inside, you'll find stylish laminate flooring throughout, cozy carpeted areas, and tiled kitchens and bathrooms. Each kitchen boasts elegant solid wood cabinets and generous counter space, adding a touch of sophistication. Additional features include on-site laundry facilities and a dedicated storage shed. Current tenants are paying below market ratesapproximately $1,200 and $1,600 respectivelywhile market rents for these units are around $1,750 each. With leases on a month-to-month basis, this property offers the potential for monthly income of $3,500 to $3,800 in one of Cocoa Beach's most coveted neighborhoods. Don't miss this rare opportunity! Whether you're an experienced investor looking to expand your portfolio or a savvy first-time homebuyer interested in living in one unit while renting the other, schedule your showing today and explore the endless possibilities of this property! Easy to show!
Exterior Features

Carport Spaces 1 Carport Yn Yes Construction Materials Concrete Covered Spaces 1 Direction Faces West Exterior Features Awning(s)LightingPrivate MailboxShade Shutter(s)Storage Foundation Details Slab Lot Size Dimensions 30 x 125 Pool Private Yn No Road Surface Type AsphaltConcrete Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances Convection OvenCooktopDishwasherDisposalDryerElectric Water HeaterExhaust FanWasherWater Filtration System Building Area Total 2024 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring LaminateTileHardwood Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In KitchenLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSolid Wood Cabinets Laundry Features Other Levels One Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAUSDA LoanVA Loan Minimum Lease No Minimum Month To Month Or Weekly Yn No New Construction Yn No Ownership Fee Simple Property Sub Type 1/2 Duplex Realtor Info Owner Motivated Senior Community Yn No Special Listing Conditions None Tax Annual Amount 5218.55 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableElectricity AvailableSewer AvailableWater Available Zoning RM1


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of RICHARD PETERS REALTY LLC: 352-448-9712.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-10-13T08:43:45.993.
 
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