304 & 306 Palm Ave Cocoa, Florida 32922, United States
The Condominium/Co-Op for Sale located at 304 & 306 Palm Ave Cocoa Florida 32922 with 2 bedrooms, 2 bathrooms, 1 Level Ranch is currently for Sale, 304 & 306 Palm Ave Cocoa Florida 32922 is listed for $279,000. If the property located at 304 & 306 Palm Ave Cocoa Florida 32922 isn't what you're looking for, search Florida Real Estate to see other Homes for Sale in Cocoa .
MLS#: W7860798
$279,000 USD
- Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- 2
Property features
Key features
Construction details
- Style
- 1 Level Ranch
Area
- Bedrooms
- 2
- Bathrooms
- 2
- Total rooms
- 4
Description
Excellent duplex investment opportunity. This property features two separate units with their own utilities. The first, unit 306, has 2 bedrooms and 1.5 bath with a screened-in porch and carport. The second, unit 304, has 2 bedrooms and 1 bath, with a 20x23 concrete slab off the slider, perfect for barbecues! Both units have tile flooring throughout. This duplex can be used as a full rental property, or live in one unit, and rent out the other one. This duplex can be a value add opportunity to any buyer’s portfolio with market value rents. This Duplex offers two separate driveways that offer ample parking for multiple vehicles. The duplex sits on a large .35-acre lot with a nice-sized backyard area with plenty of potential. This duplex is also located in an approved Airbnb zone. This Duplex presents an excellent investment opportunity for those looking to add a property to their portfolio or someone looking to start a portfolio. Current rents are $900 for unit 306 this tenant is moving out December 2024 and this unit can be rented at market value $1,500-1600 a month. Unit 304 is currently rented for $1300 a month and this lease expires May 2025.
This Duplex is being sold AS-IS.
Ideally located close to I95, SR 520, Cocoa Village, Cocoa Beach, Port Canaveral/Cape Canaveral, and Merritt Island.