$1,100,000
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113-115 Oak AVE Cocoa Beach, FL 32931
6 Beds
4 Baths
2,896 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,896 sqft
Price per Sqft $379
Subdivision Cocoa Beach 8Th Addn To
MLS Listing ID 1007772
Sold Date 05/17/24
Bedrooms 6
Full Baths 4
HOA Y/N No
Total Fin. Sqft 2896
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1959
Annual Tax Amount $6,870
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property 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, 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! Renovation in 2014 to include a New Metal Roof, New Impacted Rated Windows/Doors, and Updated Plumbing. New upstairs Balconies, New Vinyl Fence (115 Oak Ave) and Fresh Paint to Interior and Exterior in 2022.
Location
State FL
County Brevard
Area 272 - Cocoa Beach
Direction From A1A, go west on N 1st St. Home is on right as road turns right and becomes Oak St.
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Furnishings Furnished
Appliance Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Fire Pit, Outdoor Shower
Garage Carport, Off Street
Carport Spaces 2
Fence Back Yard, Privacy, Vinyl
Pool None
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Waterfront No
Roof Type Metal
Present Use Hotel/Motel,Investment,Multi-Family,Residential
Street Surface Asphalt
Road Frontage City Street
Parking Type Carport, Off Street
Garage No
Building
Lot Description Corner Lot
Faces West
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 25-37-10-82-00117.0-0020.00
Security Features Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Owner Licensed RE, Standard
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Bought with EXP Realty, LLC