113-115 Oak Avenue

Cocoa Beach, FL 32931

$1,200,000
Price
—
Beds
2,896 Sq. Ft.
$414 / Sq. Ft.
2,896
Sq. Ft.
$414
per Sq. Ft.

Description

TURN-KEY Income Producing Vacation Rental! This Fully Furnished Beach Duplex is a short walk to the Beach and Downtown Cocoa Beach! Each Unit has 2 bedrooms and 2 bathrooms on the main floor and a loft upstairs that is set up as a 3rd bedroom. The 2 units are tastefully decorated in a coastal beach theme. Guests love the Upstairs Balconies and the Spacious Backyards where they can enjoy Fine Florida Living. With Downtown Cocoa Beach mere steps away, Guests have easy access to an array of Dining,...TURN-KEY Income Producing Vacation Rental! This Fully Furnished Beach Duplex is a short walk to the Beach and Downtown Cocoa Beach! Each Unit has 2 bedrooms and 2 bathrooms on the main floor and a loft upstairs that is set up as a 3rd bedroom. The 2 units are tastefully decorated in a coastal beach theme. Guests love the Upstairs Balconies and the Spacious Backyards where they can enjoy Fine Florida Living. With Downtown Cocoa Beach mere steps away, Guests have easy access to an array of Dining, Shopping, and Entertainment options. Everything you need for a successful vacation rental is already in place. The Beach Duplex is listed on Airbnb, Vrbo, and a Direct Book Website. The back-end processes have been streamlined using automation and software to make self-management very efficient. This is a perfect investment for an experienced vacation rental owner or someone wanting to get started in this lucrative industry. Great 1031 Exchange Opportunity!
  1. Listed by Paige Lane • Keller Williams Realty Brevard
  2. Listed by Rachel Lane • Keller Williams Realty Brevard

Property Details for 113-115 Oak Avenue

Directions
From A1A, go west on N 1st St. Home is on right as road turns right and becomes Oak St.

Location

Listing Courtesy of Keller Williams Realty Brevard, Paige Lane; Keller Williams Realty Brevard, Rachel Lane
Add your commute
LISTING UPDATED: 04/13/2024 04:02 PM

Property Details for 113-115 Oak Avenue

StatusPending
MLS #1007772
Days on Market30
Taxes$6,870 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1959
Lot Size0.17 AC / 7,405 SF
CountyBrevard County

Location

Listing Courtesy of Keller Williams Realty Brevard, Paige Lane; Keller Williams Realty Brevard, Rachel Lane
Add your commute

Building Information for 113-115 Oak Avenue

Stories-Residences2Year Built1959Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$7,121 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 113-115 Oak Avenue

Summary
Location and General Information
  • City: Cocoa Beach
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.320344
  • Geo Lon: -80.613627
  • Absolute Longitude: 80.613627
  • General County Loc: Central
  • County Sub/Condo Name: Cocoa Beach 8th Addn To
Taxes and HOA Information
  • Taxes: $6,870.09
  • Tax Year: 2023
  • Tax Acct: 2517423
  • Tax ID: 25-37-10-82-00117.0-0020.00
Parking
  • Parking: Carport, Off Street
  • Carport: 2.0
Owner
  • Co-Owner: Rachel Lane
Property
Lot Information
  • SqFt - Living: 2896.0
  • Lot SqFt: 7405.0
  • Year Built: 1959
  • Picture Count: 54
  • Lot Description: Corner Lot
  • Acreage: 0.17
  • Furnishings: Furnished
  • Var Comm: No
  • Road Surface: Asphalt
  • Current Adjacent Use: Hotel/Motel, Investment, Multi-Family, Residential
Property and Assessments
  • Construction: Block, Stucco
  • Docs on File: 5
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Duplex
  • To Be Constructed: No
  • Security: Smoke Detector(s)
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Owner Name
  • Owner Name: Paige Lane
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • # of Units: 2
  • Buildings: 1
  • Exterior Features: Balcony, Fire Pit, Outdoor Shower
  • Pool Features: None
  • Flooring: Carpet,Tile
Interior Features
  • Cooling: Central Air
  • Heat: Central
  • Equipment/Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Multi Family
Income & Expenses
  • Income & Expenses: Annual Gross Income: $154,745.95
  • Income & Expenses: Annual Net Income: $89,831.03
Multi-Family Information
  • Unit 1 Details: Actual Rent: 5000.0
  • Unit 1 Details: Beds Total: 3.0
  • Unit 1 Details: Furnished: Furnished
  • Unit 1 Details: Unit ID: 113
  • Unit 1 Details: Unit Remarks: Fully Furnished Vacation Rental
  • Unit 1 Details: Unit SqFt: 1448.0
  • Unit 2 Details: Actual Rent: 5000.0
  • Unit 2 Details: Beds Total: 3.0
  • Unit 2 Details: Furnished: Furnished
  • Unit 2 Details: Unit ID: 115
  • Unit 2 Details: Unit Remarks: Fully Furnished Vacation Rental
  • Unit 2 Details: Unit SqFt: 1448.0
  • Selling Terms Code: Cash
Agent
Agent Information
  • Closing Co. Name: Foundation Title
Sale and Listing
  • Cumulative DOM: 30
  • Days On Market: 30
Showing and Remarks
  • Showing: 24 Hour Notice, Appointment Only, Lockbox, No Sign, Showing Service
  • Appointment Phone: Showingtime

Property History for 113-115 Oak Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 113-115 Oak Avenue

This home is within Brevard.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - K to 6
Public - 7 to 12
Rating
School
Distance
Theodore Roosevelt Elementary School
PublicPK to 6

Cocoa Beach Junior/Senior High School
Public7 to 12

Edgewood Jr/Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Brevard, Paige Lane; Keller Williams Realty Brevard, Rachel Lane

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/13/2024 04:02 PM