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7554 Magnolia Avenue
Cape Canaveral FL 32920 US

$395,000

Active Listing ID 1075650
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.14 Acres
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Other

$395,000

Active Listing ID 1075650
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7554 Magnolia Avenue 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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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Window Unit(s), Wall/Window Unit(s)
  • Floor Covering: Vinyl, Tile
  • Roof Type: Membrane

School Information

  • School
  • Cape View(Elementary)
  • Cocoa Beach(MiddleSchool)
  • Cocoa Beach(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 395000
  • unparsedaddress: 7554 Magnolia Avenue
  • postalcity: Cape Canaveral
  • stateorprovince: FL
  • country: US
  • postalcode: 32920
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.14
  • lotsizeunits: Acres
  • lotsizearea: 0.14
  • livingarea: 1008
  • livingareaunits: Square Feet
  • latitude: 28.385352
  • longitude: -80.601211
  • listagentfullname: Ashley N Hall
  • listagentemail: ashley@hallpropertiesfl.com
  • listagentkey: 3yd-SCAORFL-3532549
  • listagentmlsid: 3532549
  • listagentpreferredphone: 3219175799
  • listagentofficephone: 3212552550
  • listofficekey: 3yd-SCAORFL-spc.oagre
  • listofficemlsid: spc.oagre
  • disclaimer: Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCAORFL
  • yearbuilt: 1955
  • listingcontractdate: 2026-04-24
  • listagenturl: https://www.AtlanticGroupRealEstate.com
  • countyorparish: Brevard
  • parcelnumber: 24-37-23-Cg-00044.0-0001.00
  • elementaryschool: Cape View
  • highschool: Cocoa Beach
  • appliances: Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
  • cooling: Window Unit(s), Wall/Window Unit(s)
  • constructionmaterials: Block, Concrete, Stucco
  • flooring: Vinyl, Tile
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Off Street
  • roof: Membrane
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Privacy
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.60121, 28.385351
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Atlantic Group Real Estate, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ashley@hallpropertiesfl.com", "ListBrokerageCity":"Cocoa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jon@comehometoflorida.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Atlantic Group Real Estate, Inc.", "ListBrokeragePhone":"(321) 255-2550", "ListBrokeragePostalCode":"32922", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 109", "ListBrokerageUnparsedAddress":"1541 N Cocoa Boulevard", "ListBrokerageWebsiteUrl":"https://www.AtlanticGroupRealEstate.com", "ListOfficeAddress1":"1541 N Cocoa Blvd #109 ", "ListOfficeAddress2":"Suite 109", "ListOfficeBrokerMlsId":"spc.oagre", "ListOfficeCity":"Cocoa", "ListOfficeCountry":"US", "ListOfficeEmail":"sold@atlanticgrouprealestate.com", "ListOfficePostalCode":"32922", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cape Canaveral, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7554-Magnolia-Ave_Cape-Canaveral_FL_32920_M92283-25583?f=listhub&s=SCAORFL&m=1075650&c=rexren", "MLSModificationTimestamp":"2026-04-25 11:00:38", "Neighborhoods":[{"Description":null, "Name":"Avon By The Sea"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3937, "TaxDescription":"AVON BY THE SEA LOT 1 BLK 44", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/25/2026 11:08:53 AM GMT
Source Updated Date: 5/10/2026 6:40:17 PM GMT

Courtesy of: Ashley N Hall, Atlantic Group Real Estate, ashley@hallpropertiesfl.com

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.