Active
181 OAK AVE
COCOA BEACH FL, 32931
$557,999
$279.00 per sqft
Active
4 Beds
2 Baths
2,000 sqft
Multi-family
Built in 1975
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!
T3536995
MLSⓇ ID
June 26, 2024
Listed
September 25, 2024
Updated
Map
181 OAK AVE
COCOA BEACH FL, 32931
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
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
Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Washer, Water Filtration System
Laundry Description
Other
Floor Description
Laminate, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.18 Acres
Exterior Features
Awning(s), Lighting, Private Mailbox, Shade Shutter(s), Storage
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32931 - Cocoa Beach
Taxes
$5,219
Tax Frequency
Annually
Days on Market
91
Garage
No
View
No
County
Brevard
Municipality
25
Water Source
Public
Pool
No
Zoning
RM1
Listing History
Date | Event | Price |
---|---|---|
10/1/2024 | Price change | $557,999 -26% |
9/30/2024 | Price change | $749,999 34% |
9/25/2024 | Price change | $557,999 -21% |
9/24/2024 | Price change | $699,999 25% |
9/16/2024 | Price change | $557,999 -21% |
9/14/2024 | Price change | $699,999 25% |
9/7/2024 | Price change | $557,999 -15% |
9/7/2024 | Price change | $649,999 16% |
9/4/2024 | Price change | $559,999 -19% |
9/4/2024 | Price change | $689,999 21% |
9/4/2024 | Price change | $569,999 -13% |
9/3/2024 | Price change | $649,999 16% |
8/30/2024 | Price change | $559,999 -13% |
8/29/2024 | Price change | $639,999 13% |
8/27/2024 | Price change | $564,999 -6% |
8/23/2024 | Price change | $599,999 5% |
8/5/2024 | Price change | $569,999 -3% |
7/17/2024 | Price change | $584,999 -1% |
7/11/2024 | Price change | $589,999 -1% |
7/4/2024 | Price change | $594,999 -1% |
7/1/2024 | Price change | $599,000 -2% |
Listed by RICHARD PETERS REALTY LLC
Listing Contact: 305-302-9806
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Data last updated 9/25/2024, 7:11 PM UTC