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Pending

306 PALM AVE #304 Cocoa, FL 32922

4 Beds

2 Baths

1,568 SqFt

UPDATED:

10/11/2024 11:47 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,568 sqft

Price per Sqft $177

Subdivision Pine Breeze Acres Subd

MLS Listing ID W7860798

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $2,922

Lot Size 0.350 Acres

Acres 0.35

Property Description

Under contract-accepting backup offers. Excellent duplex investment opportunity. This property features two separate units with their own utilities. The first, unit 306, has 2 bedrooms and 1.5 bath with a screened-in porch and carport. The second, unit 304, has 2 bedrooms and 1 bath, with a 20x23 concrete slab off the slider, perfect for barbecues! Both units have tile flooring throughout. This duplex can be used as a full rental property, or live in one unit, and rent out the other one. This duplex can be a value add opportunity to any buyer?s portfolio with market value rents. This Duplex offers two separate driveways that offer ample parking for multiple vehicles. The duplex sits on a large .35-acre lot with a nice-sized backyard area with plenty of potential. This duplex is also located in an approved Airbnb zone. This Duplex presents an excellent investment opportunity for those looking to add a property to their portfolio or someone looking to start a portfolio. Current rents are $900 for unit 306 this tenant is moving out December 2024 and this unit can be rented at market value $1,500-1600 a month. Unit 304 is currently rented for $1300 a month and this lease expires May 2025.

This Duplex is being sold AS-IS.

Ideally located close to I95, SR 520, Cocoa Village, Cocoa Beach, Port Canaveral/Cape Canaveral, and Merritt Island.

Location

State FL

County Brevard

Community Pine Breeze Acres Subd

Zoning RU26

Interior

Interior Features Ceiling Fans(s), Thermostat

Heating Electric

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Appliance Convection Oven, Dishwasher, Dryer, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Other

Garage Covered, Driveway, Reserved

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Water Available

Waterfront false

Roof Type Shingle

Porch Covered, Screened

Parking Type Covered, Driveway, Reserved

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by CENTURY 21 BE3

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306 PALM AVE #304 Cocoa, FL 32922

Key Details

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Interior

Exterior

Building

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306 PALM AVE #304