7554 Magnolia Avenue, Cape Canaveral, FL 32920
Local realty services provided by:Better Homes and Gardens Real Estate Star
7554 Magnolia Avenue,Cape Canaveral, FL 32920
$385,000
- 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:$385,000
- Price per sq. ft.:$381.94
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.
Generated $36,000 in 2025 through long-term and mid-term rentals. There is additional upside potential through short term rental optimization.
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.
Contact an agent
Home facts
- Year built:1955
- Subdivision & Development:Avon By The Sea
- Listing ID #:1075650
- Added:178 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:$385,000
- Price per sq. ft.:$381.94
- Tax amount:$3,936 (2025)
Features and amenities
- Laundry features:appl_
Parking
- Total parking spaces:4
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