Homes for sale - 181 OAK AVE, Cocoa Beach, FL 32931

Key Details

Sold Price $490,0003.9%

Property Type Single Family Home

Sub Type Half Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $245

Subdivision Cocoa Beach Add 08

MLS Listing ID T3536995

Sold Date

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1975

Annual Tax Amount $5,218

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 30x125

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 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 of this property!
Easy to show!

Location

State FL

County Brevard

Community Cocoa Beach Add 08

Zoning RM1

Interior

Interior Features Ceiling Fans(s),Eat-in Kitchen,Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets

Heating Central,Electric

Cooling Central Air

Flooring Laminate,Tile,Wood

Fireplace false

Appliance Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Washer,Water Filtration System

Laundry Other

Exterior

Exterior Feature Awning(s),Lighting,Private Mailbox,Shade Shutter(s),Storage

Utilities Available BB/HS Internet Available,Electricity Available,Sewer Available,Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan

Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan

Special Listing Condition None