$584,999 Price Analysis    ♡   Cocoa Beach, FL 32931 4 bed 2 bath 2,000 SqFt ($292/SqFt) 7,841SqFt lot. Built 1975 Listed 2024-06-26, Taxes $4,897 | Ⓧ USDA Ineligible due to location near Cocoa Beach |
Rare turnkey Multi-Family Opportunity!
The landlord's early retirement gives you the chance to snatch up this turnkey duplex at below market pricing. Perfectly positioned near the beach, restaurants and shopping- this duplex combines coastal living with unbeatable convenience. Situated on a sizeable lot, this property features two units, each offering 2 bedrooms and 1 bathroom. Priced competitively as the lowest-priced multi-family dwelling in the area, alongside with no HOA or rental restrictions- it's an ideal choice for savvy investors or those seeking a dual-income property. Outside, the expansive lot offers ample parking space with a generous driveway and a convenient carport- providing plenty of parking options for all of your vehicles. The home features outdoor dining and entertainment areas- perfect for enjoying meals and entertaining guests on the pretty patio surrounded by lush greenery in the scenic backyard. Recent updates include an 8-year-old roof and separate air conditioning units for each unit- individually metered for tenant convenience and efficiency. Inside, the property boasts gorgeous laminate flooring, complemented by carpeted spaces for added comfort and tiled kitchens and bathrooms throughout. The kitchens feature expansive layouts with elegant solid wood cabinets and ample counter space- further enhancing the charm of each unit. Enjoy the ease of on-site laundry facilities and the convenience of a dedicated shed for all storage needs. The current tenants are paying blow market rent, with rents at approximately $1, 200 and $1, 600 respectively. Their leases expire in September and the current market rate for both units is approximately $1, 750. This presents t he opportunity to own an income generating asset, bringing in $3500-$3800 per month, in one of the fastest appreciating neighborhoods in Cocoa Beach. Don't let this rare chance slip away!
Whether you're an seasoned investor looking for another turnkey property to add to your portfolio or a savvy first time home-buyer looking to live in one unit and rent the other- schedule your showing today and envision the unlimited possibilities! Easy to show! Feel free to soft pitch offers to listing agent. 2.5% COMMISSION FOR AGENTS ON ANY MLS
Presented by Ronald Ryder at
RICHARD PETERS REALTY LLC.
Property MLS #T3536995 from StellarMLS
Primary Bedroom Level: First
Living Room Level: First
Full Bathrooms: 2
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Flooring: Laminate, Tile, Wood
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Washer
Water Filtration System
Heating Features: Central, Electric
Lighting
Private Mailbox
Shade Shutter(s)
Storage
Road Surface Type: Asphalt, Concrete
Lot Size Dimensions: 30x125
Lot Size Square Feet: 7841
Source Listing Status: Active
County: Brevard
Directions: Head north on S Atlantic Ave toward Minutemen Causeway 0.1 mi Turn left onto N 1st St 0.3 mi N 1st St turns right and becomes Oak Ave Destination will be on the right
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 32931 - Cocoa Beach
Source Neighborhood: COCOA BEACH ADD 08
Parcel Number: 25 3710-82-117-14
Postal Code Plus 4: 2815
Subdivision: COCOA BEACH ADD 08
Township: 25
Zoning: RM1
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $282,530 | $4,897 |
| 2021 | $unknown + $unknown $256,850 | $4,329 |
| 2020 | $unknown + $unknown $233,500 | $3,977 |
| 2019 | $unknown + $unknown $212,280 | $3,699 |
| 2018 | $202,000 + $unknown $202,000 | $3,465 |
| 2017 | $184,000 + $unknown $184,000 | $3,258 |
| 2016 | $160,000 + $unknown $160,000 | $2,983 |
| 2015 | $45,000 + $100,000 $145,000 | $2,732 |
| 2014 | $unknown + $unknown $132,000 | $2,529 |
| 2013 | $unknown + $unknown $126,000 | $2,476 |
| 2012 | $unknown + $unknown $121,000 | $2,342 |
| 2011 | $unknown + $unknown $127,000 | $2,466 |
| 2010 | $unknown + $unknown $153,000 | $2,727 |
| 2009 | $unknown + $unknown $168,000 | $2,798 |
| 2008 | $unknown + $unknown $210,000 | $3,466 |
| 2007 | $unknown + $unknown $265,000 | $4,257 |
$584,999
StellarMLS
Price Changed 2024-07-11
$589,999
StellarMLS
Price Changed 2024-07-04
$594,999
StellarMLS
Price Changed 2024-07-01
$599,000
StellarMLS
Listed 2024-06-26
$609,000
StellarMLS
Listing removed 2024-06-12
$0
SpaceCoast
Price Changed 2024-05-29
$599,900
SpaceCoast
Listed 2024-04-01
$635,000
SpaceCoast
Listing removed 2006-07-19
$850
SpaceCoast
Listed for rent 2006-06-25
$850
SpaceCoast
Sold 2005-01-07
$295,000
Public Record
Listing removed 2004-12-23
$775
SpaceCoast
Sold 2004-07-01
$250,000
Public Record
Listed for rent 2001-04-19
$775
SpaceCoast
Sold 2000-11-01
$143,000
Public Record
Sold 1983-08-01
$82,500
Public Record
Sold 1976-07-01
$40,000
Public Record
Year Built: 1975
Building Area Source: Public Records
Building Area Total: 2024
Construction Materials: Concrete
Direction Faces: West
Foundation Details: Slab
Levels: One
Property Age: 49
Roof: Shingle
Levels or Stories: 1
Building Total Stories: 1
BB/HS Internet Available
Electricity Available
Sewer Available
Water Available
Water Source: Public
Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.