131 Cedar Avenue, Cocoa Beach, FL 32931

Property Description

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.