113-115 Oak Avenue, Cocoa Beach, FL 32931

$1,100,000
Property Type: Residential Income Bedrooms: 6 Baths: 4 Square Footage: 2,896 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $1,100,000 List Date: 3/14/2024 Last Modified: 5/21/2026

Overview

Description

TURN-KEY Income Producing Vacation Rental! This Fully Furnished Beach Duplex is a short walk to the Beach and Downtown Cocoa Beach! Each Unit has 2 bedrooms and 2 bathrooms on the main floor and a loft upstairs that is set up as a 3rd bedroom. The 2 units are tastefully decorated in a coastal beach theme. Guests love the Upstairs Balconies and the Spacious Backyards where they can enjoy Fine Florida Living. With Downtown Cocoa Beach mere steps away, Guests have easy access to an array of Dining, Shopping, and Entertainment options. Everything you need for a successful vacation rental is already in place. The Beach Duplex is listed on Airbnb, Vrbo, and a Direct Book Website. The back-end processes have been streamlined using automation and software to make self-management very efficient. This is a perfect investment for an experienced vacation rental owner or someone wanting to get started in this lucrative industry. Great 1031 Exchange Opportunity!

Supplements: Renovation in 2014 to include a New Metal Roof, New Impacted Rated Windows/Doors, and Updated Plumbing. New upstairs Balconies, New Vinyl Fence (115 Oak Ave) and Fresh Paint to Interior and Exterior in 2022.

Listing Details MLS# 1007772

General Property Information

Number Of Buildings
Yes
Number Of Units Total
2
Bedrooms Total
6
Bathrooms Total
4
Bathrooms Full
4
Living Area
2896
Living Area Source
Public Records
New Construction YN
No
Year Built
1959
Garage YN
No
Carport YN
Yes
Carport Spaces
2
Lot Size Acres
0.17
Lot Size Square Feet
7405
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Furnished
Direction Faces
West
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
414.36
Sold Price/SqFt
379.83
Bathrooms Half
0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Construction Materials: Block; Stucco Cooling: Central Air Current Use: Hotel/Motel; Investment; Multi-Family; Residential Exterior Features: Balcony; Fire Pit; Outdoor Shower Fencing: Back Yard; Privacy; Vinyl Financial Data Source: Owner Flooring: Carpet; Tile Heating: Central Laundry Features: In Unit Listing Terms: Cash Lot Features: Corner Lot Parking Features: Carport; Off Street Pool Features: None Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Owner Licensed RE; Standard Utilities: Cable Available; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected Water Source: Public Showing Considerations: Occupied Showing Requirements: 24 Hour Notice; Appointment Only; Lockbox; No Sign; Showing Service

Contract Information

Original List Price
1200000
Listing Contract Date
2024-03-14
Property Sub Type
Duplex

Location Tax and Legal

Street Number
113-115
Street Name
Oak
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32931
MLS Area Major
272 - Cocoa Beach
Subdivision Name
Cocoa Beach 8th Addn To

Remarks and Miscellaneous

Public Remarks
TURN-KEY Income Producing Vacation Rental! This Fully Furnished Beach Duplex is a short walk to the Beach and Downtown Cocoa Beach! Each Unit has 2 bedrooms and 2 bathrooms on the main floor and a loft upstairs that is set up as a 3rd bedroom. The 2 units are tastefully decorated in a coastal beach theme. Guests love the Upstairs Balconies and the Spacious Backyards where they can enjoy Fine Florida Living. With Downtown Cocoa Beach mere steps away, Guests have easy access to an array of Dining, Shopping, and Entertainment options. Everything you need for a successful vacation rental is already in place. The Beach Duplex is listed on Airbnb, Vrbo, and a Direct Book Website. The back-end processes have been streamlined using automation and software to make self-management very efficient. This is a perfect investment for an experienced vacation rental owner or someone wanting to get started in this lucrative industry. Great 1031 Exchange Opportunity!

Status Change Information

Major Change Timestamp
2024-05-20T17:33:08Z
Major Change Type
Status Change
Status Change Timestamp
2024-05-20
Purchase Contract Date
2024-04-13
Close Date
2024-05-17
Close Price
1100000

More Information

Closing Company Details

Closing Company Name
Foundation Title

DPR Eligible

DPR Eligible
No

Income and Expenses

Gross Income
154745.95
Net Operating Income
89831.03

Unit 1 Details

Unit ID
113
Actual Rent
5000
Unit SqFt
1448
Full Baths Total
2
Furnished
Furnished
Unit Remarks
Fully Furnished Vacation Rental

Unit 2 Details

Unit ID
115
Actual Rent
5000
Unit SqFt
1448
Full Baths Total
2
Furnished
Furnished
Unit Remarks
Fully Furnished Vacation Rental

Location, Tax, and Legal

Tax Account
2517423
Parcel Number
25-37-10-82-00117.0-0020.00
General County Location
Central
Tax Annual Amount
6870.09
Tax Year
2023
Tax Legal Description
COCOA BEACH, 8TH ADDN TO LOT 20 BLK 117
Directions
From A1A, go west on N 1st St. Home is on right as road turns right and becomes Oak St.

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Hotel/Motel
Yes
Investment
Yes
Multi-Family
Yes
Residential
Yes

Exterior Features

Balcony
Yes
Fire Pit
Yes
Outdoor Shower
Yes

Fencing

Back Yard
Yes
Privacy
Yes
Vinyl
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes

Laundry Features

In Unit
Yes

Listing Terms

Cash
Yes

Lot Features

Corner Lot
Yes

Parking Features

Carport
Yes
Off Street
Yes

Pool Features

None
Yes

Financial Data Source

Owner
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Owner Licensed RE
Yes
Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Separate Electric Meters
Yes
Separate Water Meters
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Lockbox
Yes
No Sign
Yes
Showing Service
Yes

Showing Considerations

Occupied
Yes

Documents

Listing Office: Keller Williams Realty Brevard
Last Updated: May - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.
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