7554 Magnolia AvenueCape Canaveral, FL 32920
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Beachside duplex opportunity in Cape Canaveral just minutes from the ocean. This property features two 1 bed / 1 bath units and is ideal for investors, house hackers, or buyers wanting to live beachside while offsetting ownership costs by renting the second unit. Currently generating approximately $36,000 annually through long-term and mid-term rentals, with additional upside potential through rental optimization. Seller financing may be available for qualified buyers. With many nearby 1 bed / 1 bath condos selling near this price point per unit plus HOA fees, this property offers a rare opportunity to own a duplex with no HOA and a private yard. Potential for future short-term rental use with improvements needed for rear bedroom egress compliance. Buyer to verify zoning, licensing, and feasibility for intended use. Roof 2023, AC units under 3 years old, LVP flooring in both units, privacy fenced back patios for added living/storage, and unit 2 kitchen updated.
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
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