Beachside duplex opportunity in Cape Canaveral just minutes from the ocean. This property features two 1 bed / 1 bath units and is ideal for investors, house hackers, or buyers wanting to live beachside while offsetting ownership costs by renting the second unit.Generated $36,000 in 2025 through long-term and mid-term rentals. There is additional upside potential through short term rental optimization. Seller financing may be available for qualified buyers.With many nearby 1 bed / 1 bath condos selling near this price point per unit plus HOA fees, this property offers a rare opportunity to own a duplex with no HOA and a private yard.Potential for future short-term rental use with improvements needed for rear bedroom egress compliance. Buyer to verify zoning, licensing, and feasibility for intended use.Roof 2023, AC units under 3 years old, LVP flooring in both units, privacy fenced back patios for added living/storage, and unit 2 kitchen updated.
Listed By
Agency Name: Atlantic Group Real Estate
Agency Phone: 321-255-2550
Shown By
Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 2,075.28 per month $1,960.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $115.21 Homeowner's InsuranceSend an email with a link to
7554 Magnolia Avenue, Cape Canaveral, FL 32920.
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7554 Magnolia Avenue, Cape Canaveral, FL 32920.
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7554 Magnolia Avenue | MLS# 1075650
This multi-family property located at 7554 Magnolia Avenue, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $395,000. Search Cape Canaveral real estate on www.bankeayanleke.com today.