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181 OAK AVENUE

For Sale
$557,999

BTC: 8.78939147

ETH: 229.89127524

-$51K (2024/09/16)
84 days
4 bds
2 ba
2,000 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1975
Lot:
0.18 Acres
Heating:
Central / Electric
Price/sqft:
$279
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Washer

    • Water Filtration System

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Awning(s) / Lighting / Private Mailbox / Shade Shutter(s) / Storage

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 25 37108211714

    • Zoning: RM1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • BB/HS Internet Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,219

  • Source details

    • MLS ID: T3536995

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Other

    • Direction Faces: West

    • Living Area: 2000

    • Water Source: Public

    • Lot Size Dimensions: 30 x 125

    • Subdivision Name: COCOA BEACH ADD 08

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RICHARD PETERS REALTY LLC