NOT LISTED FOR SALE

181 Oak Ave Cocoa Beach, FL 32931

Estimated Value: $398,000 - $530,000

4 Beds
2 Baths
2,000 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $490,000 $245 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,995/month

154 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Theodore Roosevelt Elementary School Rated 9+
  • Solid Surface Countertops
  • Shade Shutters

About This Home

As of December 2024

PRICE & BEST BY 11/30/ Rare turnkey Duplex Opportunity! Lowest price per square foot for many miles in any direction! Seize the chance to own this beautifully maintained duplex, now available at an attractive price due to the landlord's early retirement. Ideally located just moments from the beach, dining, and shopping, this property offers the perfect blend of coastal charm and convenience. Situated on a generous lot, the duplex features two spacious units, each with 2 bedrooms and 1 bathroom. It stands out as the most competitively priced multi-family property in the area, with no HOA fees or rental restrictions—making it a prime choice for savvy investors or those interested in a dual-income residence. The expansive lot includes ample parking with a wide driveway and a practical carport, ensuring plenty of space for all your vehicles. Enjoy outdoor living with inviting dining and entertainment areas on the lush, private patio, surrounded by a well-maintained backyard.
Recent updates include a durable 8-year-old roof and separate air conditioning units for each unit, individually metered for tenant convenience and efficiency. Inside, you'll find stylish laminate flooring throughout, cozy carpeted areas, and tiled kitchens and bathrooms. Each kitchen boasts elegant solid wood cabinets and generous counter space, adding a touch of sophistication. Additional features include on-site laundry facilities and a dedicated storage shed. Current tenants are paying below market rates—approximately $1,200 and $1,600 respectively—while market rents for these units are around $1,750 each. With leases on a month-to-month basis, this property offers the potential for monthly income of $3,500 to $3,800 in one of Cocoa Beach's most coveted neighborhoods. Don’t miss this rare opportunity! Whether you’re an experienced investor looking to expand your portfolio or a savvy first-time homebuyer interested in living in one unit while renting the other, schedule your showing today and explore the endless possibilities of this property! Easy to show! ASSIGNABLE

Last Agent to Sell the Property

Ronald Ryder

RICHARD PETERS REALTY LLC License #3593068 Listed on: 06/26/2024

Last Buyer's Agent

Ronald Ryder

RICHARD PETERS REALTY LLC License #3593068 Listed on: 06/26/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1975

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 30x125
  • West Facing Home

Parking

  • 1 Carport Space

Home Design

  • Half Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • Shade Shutters
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Cocoa Beach Add 08 Subdivision

Listing and Financial Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,219

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Half Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2000
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2024
  • Lot Size Sq Ft: 7841
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 188.04
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 245.00
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 185.81

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Lighting, Private Mailbox, Shade Shutter(s), Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM1
  • Parcel Number: 25 3710-82-117-14
  • Additional Parcels: No
  • Lot Dimensions: 30x125
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 5218.55
  • Tax Block: 117
  • Tax Book Number: 11-25
  • Tax Lot: 14

Multi Family

  • Currency Monthly Rent Amt: 2800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Dec 20, 2024
Sold by
Vasquez Dower J and Vasquez Rocio
Bought by
James John Russell Trust and Russell
Seller's Agent
Ronald Ryder
RICHARD PETERS REALTY LLC
Buyer's Agent
Ronald Ryder
RICHARD PETERS REALTY LLC
List Price
$549,999
Sold Price
$490,000
Premium/Discount to List
-$59,999
-10.91%
Views
104
Current Estimated Value
$476,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,547
Avg. Annual Appreciation
-2.59%

Purchase Details

Closed on
Dec 30, 2004
Sold by
Wojewoda Eugene A and Wojewoda Patricia A
Bought by
Dower J Gregory and Vasquez Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 25, 2004
Sold by
Kimbrell Terrie L
Bought by
Wojewoda Eugene A and Wojewoda Patricia A

Purchase Details

Closed on
Oct 30, 2000
Sold by
Sage Theresa
Bought by
Kimbrell Terrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
7.94%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Sage Theresa A
Bought by
Sage Theresa A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James John Russell Trust $490,000 Dockside Title
James John Russell Trust $490,000 Dockside Title
Dower J Gregory $295,000 East Coast Title
Wojewoda Eugene A $250,000 International Title & Escrow
Kimbrell Terrie L $143,000 --
Sage Theresa A -- --
Sage Theresa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dower J Gregory $206,500
Previous Owner Sage Theresa A $135,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Sold $490,000 0.0% $245 / Sq Ft
12/21/2024 12/21/24 Sold $490,000 -3.9% $245 / Sq Ft View Prior Sale
12/21/2024 12/21/24 For Sale $510,000 0.0% $255 / Sq Ft
11/28/2024 11/28/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $509,999 -5.6% $255 / Sq Ft
11/13/2024 11/13/24 Price Changed $539,999 -1.8% $270 / Sq Ft
11/08/2024 11/08/24 Price Changed $549,999 -31.3% $275 / Sq Ft
11/06/2024 11/06/24 Price Changed $799,999 +45.5% $400 / Sq Ft
11/01/2024 11/01/24 For Sale $549,999 +12.2% $275 / Sq Ft
10/31/2024 10/31/24 Off Market $490,000 -- --
10/31/2024 10/31/24 Price Changed $549,999 -1.4% $275 / Sq Ft
10/01/2024 10/01/24 Price Changed $557,999 -25.6% $279 / Sq Ft
09/30/2024 09/30/24 Price Changed $749,999 +34.4% $375 / Sq Ft
09/25/2024 09/25/24 Price Changed $557,999 -20.3% $279 / Sq Ft
09/24/2024 09/24/24 Price Changed $699,999 +25.4% $350 / Sq Ft
09/16/2024 09/16/24 Price Changed $557,999 -20.3% $279 / Sq Ft
09/14/2024 09/14/24 Price Changed $699,999 +25.4% $350 / Sq Ft
09/07/2024 09/07/24 Price Changed $557,999 -14.2% $279 / Sq Ft
09/07/2024 09/07/24 Price Changed $649,999 +16.1% $325 / Sq Ft
09/04/2024 09/04/24 Price Changed $559,999 -18.8% $280 / Sq Ft
09/04/2024 09/04/24 Price Changed $689,999 +21.1% $345 / Sq Ft
09/04/2024 09/04/24 Price Changed $569,999 -12.3% $285 / Sq Ft
09/03/2024 09/03/24 Price Changed $649,999 +16.1% $325 / Sq Ft
08/30/2024 08/30/24 Price Changed $559,999 -12.5% $280 / Sq Ft
08/29/2024 08/29/24 Price Changed $639,999 +13.3% $320 / Sq Ft
08/27/2024 08/27/24 Price Changed $564,999 0.0% $282 / Sq Ft
08/27/2024 08/27/24 For Sale $564,999 +15.3% $282 / Sq Ft
08/27/2024 08/27/24 Off Market $490,000 -- --
08/23/2024 08/23/24 Price Changed $599,999 +5.3% $300 / Sq Ft
08/19/2024 08/19/24 For Sale $569,999 +16.3% $285 / Sq Ft
08/19/2024 08/19/24 Off Market $490,000 -- --
08/16/2024 08/16/24 For Sale $569,999 +16.3% $285 / Sq Ft
08/16/2024 08/16/24 Off Market $490,000 -- --
08/05/2024 08/05/24 Price Changed $569,999 -2.6% $285 / Sq Ft
07/30/2024 07/30/24 For Sale $584,999 +19.4% $292 / Sq Ft
07/30/2024 07/30/24 Off Market $490,000 -- --
07/17/2024 07/17/24 Price Changed $584,999 -0.8% $292 / Sq Ft
07/11/2024 07/11/24 For Sale $589,999 +20.4% $295 / Sq Ft
07/11/2024 07/11/24 Off Market $490,000 -- --
07/04/2024 07/04/24 Price Changed $594,999 -0.7% $297 / Sq Ft
07/01/2024 07/01/24 For Sale $599,000 +22.2% $300 / Sq Ft
07/01/2024 07/01/24 Off Market $490,000 -- --
06/26/2024 06/26/24 For Sale $609,000 -- $305 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,039 $403,200 -- --
2024 $5,219 $403,200 -- --
2023 $5,219 $311,040 $0 $0
2022 $4,898 $340,200 $0 $0
2021 $4,330 $261,570 $190,000 $71,570
2020 $3,977 $237,780 $145,000 $92,780
2019 $3,699 $216,180 $145,000 $71,180
2018 $3,465 $202,000 $0 $202,000
2017 $3,259 $184,000 $0 $184,000
2016 $2,984 $160,000 $0 $0
2015 $2,732 $145,000 $100,000 $45,000
2014 $2,530 $132,000 $80,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3536995

Stellar MLS

APN: 25-37-10-82-00117.0-0014.00