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7554 Magnolia Avenue, Cape Canaveral, FL 32920

Cape Canaveral
Local realty services provided by:CENTURY 21 Lighthouse Realty
7554 Magnolia Avenue,Cape Canaveral, FL 32920
$395,000
  • 2 Beds
  • 2 Baths
  • 1,008 sq. ft.
  • Multi-family
  • Active
Listed by: ashley n hall
Office: atlantic group real estate
MLS#:1075650
Source:FL_SPACE

Price summary

  • Price:$395,000
  • Price per sq. ft.:$391.87

About this home

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.

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Home facts

  • Year built:1955
  • Listing ID #:1075650
  • Added:1 day(s) ago

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Vinyl
  • Kitchen Description:appl_
  • Living area:1,008 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:1,008 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Stucco

Schools

  • High school:Cocoa Beach
  • Middle school:Cocoa Beach
  • Elementary school:Cape View

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$391.87
  • Tax amount:$3,936 (2025)

Features and amenities

  • Laundry features:appl_

Parking

  • Total parking spaces:4
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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