
Courtesy of: Ashley N Hall, Atlantic Group Real Estate, ashley@hallpropertiesfl.com
$395,000
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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
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$395,000
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.
Courtesy of: Ashley N Hall, Atlantic Group Real Estate, ashley@hallpropertiesfl.com
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