181 OAK AVE Cocoa Beach, FL 32931
4 Beds
2 Baths
2,000 SqFt
UPDATED:
11/01/2024 10:25 PM
Key Details
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $274
Subdivision Cocoa Beach Add 08
MLS Listing ID T3536995
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
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
Waterfront false
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
