181 OAK AVENUE COCOA BEACH FL 32931 MLS #T3536995

181 OAK AVENUE
COCOA BEACH, FL, 32931
$557,999
4 Beds
2 Baths
2,024 SqFt
0.18 Acres
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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.

Property Details

Price:
$557,999
MLS #:
T3536995
Status:
Active
Beds:
4
Baths:
2
Address:
181 OAK AVENUE
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
COCOA BEACH ADD 08
Neighborhood:
32931 – Cocoa Beach
City:
COCOA BEACH
Listed Date:
Jun 26, 2024
State:
FL
Finished Sq Ft:
2,024
Total Sq Ft:
2,024
ZIP:
32931
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1975
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

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Schools

Interior

Appliances
Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Washer, Water Filtration System
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Laminate, Tile, Hardwood
Heating
Central, Electric
Laundry Features
Other

Exterior

Construction Materials
Concrete
Exterior Features
Awning(s), Lighting, Private Mailbox, Shade Shutter(s), Storage
Roof
Shingle

Financial

Tax Year
2023
Taxes
$5,219

Map

Community

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broker reciprocity Courtesy of RICHARD PETERS REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
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181 OAK AVENUE
COCOA BEACH, FL