147 Lynell Lane, Cocoa, FL 32922

$235,000
Property Type: Residential Income Square Footage: 1,782 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $235,000 List Date: 7/22/2023 Last Modified: 8/06/2026

Overview

Description

INVESTORS DREAM: Exceptional duplex investment opportunity listed at $240,000. This property presents immediate cash flow and remarkable growth potential. Each of the two units features a well-laid out space with 2 bedrooms, 1 bathroom, a living room, and a kitchen. Occupied by long-term tenants, this property's location in a robust rental market offers immense potential for rent increases in the future. The duplex is in excellent condition with a BRAND new roof 12/2022 and a recent AC upgrade. It's an outstanding asset to any real estate portfolio, providing consistent income and appreciable upside. Financing options include cash or conventional loans. Don't miss this chance to capitalize on a high-return investment.

Listing Details MLS# 970644

General Property Information

Number Of Units Total
2
Living Area
1782
Living Area Source
Public Records
Building Area Total
1782
Year Built
1984
Garage YN
No
Carport YN
No
Lot Size Acres
0.2
Lot Size Square Feet
8712
Association YN
No
Use Code
08 / DUPLEX
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
134.68
Sold Price/SqFt
131.87
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Other Construction Materials: Block; Concrete; Stucco Flooring: Other Levels: One Listing Terms: Cash; Conventional; Private Financing Available Owner Pays: Other Pool Features: None Roof: Shingle Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available Water Source: Public Showing Requirements: Appointment Only

Contract Information

Original List Price
240000
Listing Contract Date
2023-07-22
Property Sub Type
Duplex

Location Tax and Legal

Street Number
147
Street Name
Lynell
Street Suffix
Lane
County
Brevard
State
FL
Postal Code
32922
MLS Area Major
212 - Cocoa - West of US 1
Subdivision Name
Sara Lou Acres

Remarks and Miscellaneous

Public Remarks
INVESTORS DREAM: Exceptional duplex investment opportunity listed at $240,000. This property presents immediate cash flow and remarkable growth potential. Each of the two units features a well-laid out space with 2 bedrooms, 1 bathroom, a living room, and a kitchen. Occupied by long-term tenants, this property's location in a robust rental market offers immense potential for rent increases in the future. The duplex is in excellent condition with a BRAND new roof 12/2022 and a recent AC upgrade. It's an outstanding asset to any real estate portfolio, providing consistent income and appreciable upside. Financing options include cash or conventional loans. Don't miss this chance to capitalize on a high-return investment.

Status Change Information

Major Change Timestamp
2023-08-28T01:48:43Z
Major Change Type
Status Change
Status Change Timestamp
2023-08-27
Purchase Contract Date
2023-08-05
Close Date
2023-08-25
Close Price
235000

More Information

Location, Tax, and Legal

Tax Account
2424421
Parcel Number
24-36-32-06-00000.0-0024.00
General County Location
Central
Elementary School
Endeavour
Middle School
Cocoa
High School
Cocoa
Tax Annual Amount
2371.4
Tax Year
2022
Tax Legal Description
SARA LOU ACRES LOT 24
Directions
I-95 exit 201 go East on 520 towards Cocoa Historic District (3.1 mi) Turn left onto S Varr Ave Turn right onto Peachtree St Turn left onto Prospect Ave Turn right onto Lynell Ln

Appliances

Other
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Flooring

Other
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Private Financing Available
Yes

Pool Features

None
Yes

Owner Pays

Other
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Listing Office: FlatFee.com
Last Updated: August - 06 - 2026
Information is deemed to be reliable, but is not guaranteed.