Contact
Tell us about your needs

306 PALM AVENUE UNIT 304

Multi-family For Sale
$279,000

BTC: 3.20930131

ETH: 90.48130215

-$46K (2024/08/26)
314 days
4 bds
1,568 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Excellent duplex investment opportunity. This property features two separate units with their own utilities. The first, unit 306, has 2 bedrooms and 1.5 bath with a screened-in porch and carport. The second, unit 304, has 2 bedrooms and 1 bath, with a 20x23 concrete slab off the slider, perfect for barbecues! Both units have tile flooring throughout. This duplex can be used as a full rental property, or live in one unit, and rent out the other one. This duplex can be a value add opportunity to any buyer’s portfolio with market value rents. This Duplex offers two separate driveways that offer ample parking for multiple vehicles. The duplex sits on a large .35-acre lot with a nice-sized backyard area with plenty of potential. This duplex is also located in an approved Airbnb zone. This Duplex presents an excellent investment opportunity for those looking to add a property to their portfolio or someone looking to start a portfolio. Current rents are $900 for unit 306 this tenant is moving out December 2024 and this unit can be rented at market value $1,500-1600 a month. Unit 304 is currently rented for $1300 a month and this lease expires May 2025. This Duplex is being sold AS-IS. Ideally located close to I95, SR 520, Cocoa Village, Cocoa Beach, Port Canaveral/Cape Canaveral, and Merritt Island.

Location

Facts and features

Type:
Residential Income
Parking:
Covered / Driveway / Reserved
Year Built:
1982
Lot:
0.35 Acres
Heating:
Electric
Price/sqft:
$178
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Covered

    • Driveway

    • Reserved

    Property

    • Exterior Features: Other

    Lot

    • Lot: 0.35 Acres

    Other Property Information

    • Parcel Number: 243629530000C.00019.00

    • Zoning: RU26

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Water Available

  • Other financial information

    • Annual tax amount: $2,922

  • Source details

    • MLS ID: W7860798

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Laundry Features: Inside

    • Patio And Porch Features: Covered / Screened

    • Window Features: Blinds

    • Living Area: 1568

    • Water Source: Public

    • Subdivision Name: PINE BREEZE ACRES SUBD

Similar Homes

614 PAW PAW STREET placeholder 614 PAW PAW STREET
4 days
For Sale
House
$279,000
3 bds 2 ba 1,662 sqft
614 PAW PAW STREET
1061 REVILLA LANE placeholder 1061 REVILLA LANE
12 days
For Sale
House
$294,900
3 bds 2 ba 1,358 sqft
1061 REVILLA LANE
305 CHURCHILL DRIVE placeholder 305 CHURCHILL DRIVE
15 days
For Sale
House
$229,900
3 bds 1 ba 1,025 sqft
305 CHURCHILL DRIVE
1121 CORONADO DRIVE placeholder 1121 CORONADO DRIVE
-$5K (2024/11/14)
For Sale
House
$345,000
4 bds 2 ba 1,705 sqft
1121 CORONADO DRIVE
1280 ESTRIDGE DRIVE placeholder 1280 ESTRIDGE DRIVE
35 days
For Sale
House
$250,000
3 bds 2 ba 1,430 sqft
1280 ESTRIDGE DRIVE
2521 STRATFORD DRIVE placeholder 2521 STRATFORD DRIVE
-$15K (2024/11/04)
For Sale
House
$260,000
3 bds 2 ba 1,036 sqft
2521 STRATFORD DRIVE
1221 CYPRESS LANE placeholder 1221 CYPRESS LANE
-$15K (2024/11/12)
For Sale
House
$234,900
3 bds 1 ba 1,150 sqft
1221 CYPRESS LANE
1033 BERNICE ROAD placeholder 1033 BERNICE ROAD
-$6K (2024/10/26)
For Sale
House
$324,000
3 bds 2 ba 1,330 sqft
1033 BERNICE ROAD

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: CENTURY 21 BE3