181 Oak Avenue
Cocoa Beach, FL 32931
- 4 beds
- 2 baths
- 2,000 sqft
- 7,841 sqft lot
- $254 per sqft
- 1975 build
- – on site
<LAST PRICE REDUCTION> <HIGHEST & BEST BY 11/30/24> 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! <NO ASSIGNABLE CONTRACTS>
Listing courtesy of STELLAR_MLS / RICHARD PETERS REALTY LLC
Last checked:
Checking…
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Last updated Nov 15, 2024
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MLS# T3536995 —
The Building
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Year Built:1975
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New Construction:false
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Construction Materials:Concrete
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Levels:One
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Stories Total:1
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Roof:Shingle
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Foundation Details:Slab
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Building Area Total:2024
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Laminate
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Fireplace:false
Room Dimensions
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Living Area:2000
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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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
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Latitude:28.321347
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Longitude:-80.613616
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Coordinates:-80.613616, 28.321347
The Property
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Parcel Number:25 37108211714
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Property Type:Residential
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Property Subtype:1/2 Duplex
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Lot Size Acres:0.18
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Lot Size Area:7841
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Lot Size SqFt:7841
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Lot Size Dimensions:30 x 125
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RM1
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Direction Faces:West
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View:false
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Exterior Features:Awning(s)
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 302-9806
- Office phone:
- (352) 448-9712
Taxes
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Tax Year:2023
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Tax Lot:14
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Tax Block:117
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Tax Legal Description:COCOA BEACH, 8TH ADDN TO LOT 14 BLK 117
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Tax Book Number:11-25
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Tax Annual Amount:5218.55
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/T3536995
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Convection Oven
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Laundry Features:Other
The Community
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Subdivision Name:COCOA BEACH ADD 08
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:true
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Carport Spaces:1
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Covered Spaces:1
Monthly cost estimate
Asking price
$509,999
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,730
|
Taxes | $434 |
Insurance | $140 |
Utilities | $145 See report |
Total | $3,449/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/15/24
Nov 15, 2024
|
Price Changed | STELLAR_MLS | $509,999 | -5.6% |
11/13/24
Nov 13, 2024
|
Price Changed | STELLAR_MLS | $539,999 | -1.8% |
11/8/24
Nov 8, 2024
|
Price Changed | STELLAR_MLS | $549,999 | -31.3% |