Active

$279,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1568 sq ft
Overview
  • ID: MFRW7860798
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1568 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$279,000
HOA Fee:
N/A
Tax Amount:
$2922
Price per SqFt:
$177.93
Tax Legal Description:
PINE BREEZE ACRES SUBD LOT 19 BLK C
Exterior Features
Lot Size:
15246
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway, Reserved
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
Convection Oven, Dishwasher, Dryer, Refrigerator, Washer
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1982
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    306 PALM AVE #304
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