4 months on rocket

181 Oak Ave, Cocoa Beach, FL, 32931

$539,999

Home List Price

$6,412*

Closing Credit

4 Bedrooms
2 Full Baths
2,000 SqFt
$270/SqFt
Multi

Location

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181 Oak Ave, Cocoa Beach$539,999

Buyer Closing Credits

$6,412*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1975
HeatingCentral, Electric
CoolingCentral Air
MLS #T3536995
Lot Size0.18 Acres
StatusActive

About 181 Oak Ave

Rare turnkey Duplex Opportunity! Lowest price per square foot for many miles in any direction! Seize the chance to own this beautifully maintained duplex, now available at an attractive price due to the landlord's early retirement. Ideally located just moments from the beach, dining, and shopping, this property offers the perfect blend of coastal charm and convenience. Situated on a generous lot, the duplex features two spacious units, each with 2 bedrooms and 1 bathroom. It stands out as the most competitively priced multi-family property in the area, with no HOA fees or rental restrictions—making it a prime choice for savvy investors or those interested in a dual-income residence. The expansive lot includes ample parking with a wide driveway and a practical carport, ensuring plenty of space for all your vehicles. Enjoy outdoor living with inviting dining and entertainment areas on the lush, private patio, surrounded by a well-maintained backyard. Recent updates include a durable 8-year-old roof and separate air conditioning units for each unit, individually metered for tenant convenience and efficiency. Inside, you'll find stylish laminate flooring throughout, cozy carpeted areas, and tiled kitchens and bathrooms. Each kitchen boasts elegant solid wood cabinets and generous counter space, adding a touch of sophistication. Additional features include on-site laundry facilities and a dedicated storage shed. Current tenants are paying below market rates—approximately $1,200 and $1,600 respectively—while market rents for these units are around $1,750 each. With leases on a month-to-month basis, this property offers the potential for monthly income of $3,500 to $3,800 in one of Cocoa Beach's most coveted neighborhoods. Don’t miss this rare opportunity! Whether you’re an experienced investor looking to expand your portfolio or a savvy first-time homebuyer interested in living in one unit while renting the other, schedule your showing today and explore the endless possibilities of this property! Easy to show! <NO ASSIGNABLE CONTRACTS>

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 1
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: Ronald Ryder

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Washer, Water Filtration System
  • Flooring Type: Laminate, Tile, Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s), Lighting, Private Mailbox, Shade Shutter(s), Storage

Virtual/3D Tour

  • Virtual Tour: 181 Oak Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head north on S Atlantic Ave toward Minutemen Causeway 0.1 mi Turn left onto N 1st St 0.3 mi N 1st St turns right and becomes Oak Ave Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,999
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $3,977
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cocoa Beach, FL.

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Cocoa Beach, FL

City

Med. Sold Price

$490.6K

Med. Price/SqFt

$338

Avg. Days On Market

103

# of Sold Homes

15

181 Oak Ave vs Cocoa Beach

141 DAYS ON ROCKET

+38 Days

$539,999

+$49.3K More

$270/SqFt

-$68 Less

KEY TAKEAWAY

This property is $49.3K more than the Median Sold Price and $68/SqFt less than other homes in Cocoa Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3536995

Listing Office:

  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: Ronald Ryder

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2005Home Sold
$295,000
Jul 01, 2004Home Sold
$250,000
Nov 01, 2000Home Sold
$143,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,977$237,780
2019$3,465$212,280
2018$3,259$202,000
2017$3,259$184,000

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-409171
9
/10

  • Freedom 7 Elementary School of International Studies

  • 400 S 4th St

  • 0.75 miles

  • Public District Grades KG-6

school-card-donut-409172
9
/10

  • Theodore Roosevelt Elementary School

  • 1400 Minutemen Cswy

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-409173
5
/10

  • Cape View Elementary School

  • 8440 Rosalind Ave

  • 5.01 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,551. Residents of Cocoa Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Cocoa Beach›32931›181 Oak Ave

This home is located at 181 Oak Ave in Cocoa Beach, FL and zip code 32931. This 2,000 square foot home, which was built in 1975, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $539,999.

Over 1 listings were sold over their listed price in October 2024 in Cocoa Beach, FL. In the same period over 13 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Cocoa Beach, FL between September 2024 and October 2024 increased by 7.3%. The median list price of listings available in October 2024 was $490,694, while the average time on the real estate market was 103 days.

From Rocket Homes Real Estate and based on county public records data.

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