88426 2nd Ave, Florence, OR 97439
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by:john barnett
Office:coldwell banker coast real est
MLS#:159598101
Source:PORTLAND
Price summary
- Price:$749,500
- Price per sq. ft.:$414.09
About this home
Incredible and rare opportunity! This beautifully updated ocean view getaway has everything you need for a full-time residence, coastal retreat, or investment property. With a newer roof, Hardi-lap siding, brand-new septic system (2025), refreshed interior, and exterior paint scheduled for September, this property is move-in ready and low maintenance.Currently a highly successful vacation rental with a strong history over the past three years, this property produces an impressive CAP rate of approximately 12%. The versatile layout includes a 3-level, 2 bedroom, 2.5 bath main home plus a detached guest studio cottage renovated just 24 months ago. Guests enjoy privacy, ocean views, and quick access to the beach—making this a sought-after rental destination.Inside, the home is warm and inviting with an enclosed sunroom off the front porch, a spectacular view deck from the upstairs bedroom, and a separate entrance for the downstairs suite. Solid-surface counters, newer appliances, tile and laminate floors, and a cozy pellet stove add comfort and style.Step outside and take in panoramic ocean views from every level, or walk just steps to the beach. RV parking offers added flexibility for guests or personal use. The detached cottage provides extra living space, making it ideal for extended family, guests, or additional rental income.Located minutes from shopping, dining, and the charm of Florence’s Historic Old Town District, this property offers convenience alongside coastal beauty. Much of the newer furniture and vacation rental setup may be included or negotiated separately, giving buyers a turnkey investment option.Whether you’re seeking an income-producing vacation rental, a private getaway, or a full-time coastal residence, this property delivers it all—rare ocean views, proven rental success, and space for guests.
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Home facts
- Year built:1949
- Listing ID #:159598101
- Added:2 day(s) ago
- Updated:August 30, 2025 at 11:17 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,810 sq. ft.
Heating and cooling
- Heating:Zoned
Structure and exterior
- Roof:Composition
- Year built:1949
- Building area:1,810 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Siuslaw
- Middle school:Siuslaw
- Elementary school:Siuslaw
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$749,500
- Price per sq. ft.:$414.09
- Tax amount:$2,600 (2024)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 30, 2025New listings near 88426 2nd Ave
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