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131 Cedar Ave, Cocoa Beach, FL, 32931

5beds
4baths
2,475sqft
$990,000
$400price/sqft
$6,679/moest. monthly cost
$267,160/yrincome needed

About This Home

Located in the heart of downtown Cocoa beach just a five minute walk from the beach, this exceptional income-producing Duplex opportunity featuring two spacious units with strong flexibility for investors or owner-occupants. The South Unit spans 1,391 sq ft with 3 bedrooms and 3 bathrooms, attached garage, and a private fenced yard. This unit has been fully renovated with approximately $330,000 in improvements, including a new foundation, updated electrical, and plumbing. A tenant is currently in place on a month-to-month lease providing immediate income. The North unit offers 1,243 sq ft with 2 bedrooms and 1 bathroom, laundry room, a carport, covered back porch, and fenced yard. This unit is currently vacant, making it ideal for immediate occupancy or rental at market rate. Both units feature new central heating and cooling, along with a brand new metal roof (2025). A firewall separation offers potential to sell individually, adding unique flexibility and value.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1973

Materials

  • Roof: Metal
  • Construction materials: Block,Concrete

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,475 sqft

Property

Details

  • Parcel number: 2537108200114.A0016.00
  • Special condition: Standard

Features

  • Stories: 1
  • Fencing: Back Yard

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1