131 Cedar Avenue, Cocoa Beach, FL 32931

$990,000
5
BD
4
BA
2,475
SqFt

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List Price
$990,000
MLS#
1076717
Status
ACTIVE
Type
Multifamily
County
Brevard
City
Cocoa Beach
Area
Cocoa Beach
Bedrooms
5
Bathrooms
4
Living Area
2,475
Total Square Feet
7,405
Acres
0.17
Year Built
1973
Days on Market
97

Property Description

Located in the heart of downtown Cocoa beach just a five minute walk from the beach, this exceptional income-producing Duplex opportunity featuring two spacious units with strong flexibility for investors or owner-occupants. The South Unit spans 1,391 sq ft with 3 bedrooms and 3 bathrooms, attached garage, and a private fenced yard. This unit has been fully renovated with approximately $330,000 in improvements, including a new foundation, updated electrical, and plumbing. A tenant is currently in place on a month-to-month lease providing immediate income. The North unit offers 1,243 sq ft with 2 bedrooms and 1 bathroom, laundry room, a carport, covered back porch, and fenced yard. This unit is currently vacant, making it ideal for immediate occupancy or rental at market rate. Both units feature new central heating and cooling, along with a brand new metal roof (2025). A firewall separation offers potential to sell individually, adding unique flexibility and value.

Additional Information

Tax Year
2025
Tax Amount
$6,833
Equipment And Appliances
Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Utilities
Electricity Connected, Sewer Connected
Exterior Finish
Block, Concrete
Construction
Block, Concrete
Roof
Metal
Floor
Tile
Carport Spaces
1.0
Parking
Attached
Garage Spaces
1
Elementary School
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach

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Listing courtesy of FlatFee.com.