181 Oak Avenue Cocoa Beach, FL 32931
<HIGHEST AND BEST BY 9/21/24> 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 restrictions—making 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 rates—approximately $1, 200 and $1, 600 respectively—while 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 this property has to offer! Easy to show! Feel free to soft pitch offers to listing agent. <FULL COOPERATION FOR AGENTS ON ANY MLS. NO ASSIGNABLE CONTRACTS>
2 days ago | Listing updated with changes from the MLS® | |
3 days ago | Price changed to $557,999 | |
4 days ago | Price changed to $699,999 | |
2 weeks ago | Price changed to $557,999 | |
2 weeks ago | Price changed to $649,999 | |
See 6 more |
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-09-18 10:00 PM EDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.