7554 Magnolia AVE Cape Canaveral, FL 32920
2 Beds
2 Baths
1,008 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $391
Subdivision Avon By The Sea
MLS Listing ID 1075650
Bedrooms 2
Full Baths 2
HOA Y/N No
Total Fin. Sqft 1008
Year Built 1955
Annual Tax Amount $3,936
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Space Coast MLS (Space Coast Association of REALTORS®)
Land Area 1008
Property Description
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.
Location
State FL
County Brevard
Area 271 - Cape Canaveral
Direction From Highway A1A, go east on Tyler Ave. Duplex is at intersection of Tyler Ave. and Magnolia Ave.
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Furnishings Partially
Appliance Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
Laundry None
Exterior
Exterior Feature ExteriorFeatures
Parking Features Off Street
Fence Back Yard, Privacy, Wood
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Amenities Available None
Roof Type Membrane
Present Use Multi-Family,Residential
Street Surface Asphalt
Road Frontage City Street
Garage No
Private Pool No
Building
Lot Description Corner Lot
Faces West
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Cape View
High Schools Cocoa Beach
Others
Senior Community No
Tax ID 24-37-23-Cg-00044.0-0001.00
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, Owner May Carry, Private Financing Available
Listing Terms Cash, Conventional, Owner May Carry, Private Financing Available
Special Listing Condition Owner Licensed RE, Standard
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