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$395,000
11 Days On Site

7554 Magnolia Avenue
Cape Canaveral, FL 32920

For Sale|Duplex|Active
2
Beds
2
Total Baths
2
Full Baths
1,008
SqFt
$392
/SqFt
1955
Built
Subdivision:
Avon By The Sea
County:
Brevard

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321-254-0688
7554 Magnolia Avenue7554 Magnolia Avenue7554 Magnolia Avenue7554 Magnolia Avenue
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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.

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Listing Snapshot
Price 
$395,000
Days On Site 
11 Days
Bedrooms 
2
Inside Area (SqFt) 
1,008 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1955
MLS® Number 
1075650
Status 
Active
Property Tax 
$3,936.57
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Additional Property Use 
Multi-FamilyResidential
Direction Faces 
West
Levels 
One
Number Of Stories 
1
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Duplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1008
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
Multi Family
Interior Features
Appliances 
Electric OvenElectric RangeElectric Water HeaterFreezerMicrowaveRefrigerator
Cooling 
Wall/Window Unit(s)
Flooring 
TileVinyl
Furnished 
Partially
Laundry Features 
None
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Exterior Features
Construction Details 
BlockConcreteStucco
Fencing 
Back YardPrivacyWood
Lot Features 
Corner Lot
Road Frontage 
City Street
Roof 
Membrane
Community Features
Association Amenities 
None
Financing Terms Available 
CashConventionalOwner May CarryPrivate Financing Available
MLS Area 
271 - Cape Canaveral
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach
Listing courtesy of Atlantic Group Real Estate

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
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