88426 2nd Ave Florence, OR 97439
Heceta Beach NeighborhoodEstimated payment $4,122/month
Highlights
- Ocean View
- Deck
- Bonus Room
- RV Access or Parking
- 1 Fireplace
- Corner Lot
About This Home
Incredible and rare opportunity! This beautifully updated ocean view getaway has everything you need for a full-time residence, coastal retreat, or investment property. With a newer roof, Hardi-lap siding, brand-new septic system (2025), refreshed interior, and exterior paint scheduled for September, this property is move-in ready and low maintenance. Currently a highly successful vacation rental with a strong history over the past three years, this property produces an impressive CAP rate of approximately 11%. The versatile layout includes a 3-level, 2 bedroom, 2.5 bath main home plus a detached guest studio cottage renovated just 24 months ago. Guests enjoy privacy, ocean views, and quick access to the beach—making this a sought-after rental destination. Inside, the home is warm and inviting with an enclosed sunroom off the front porch, a spectacular view deck from the upstairs bedroom, and a separate entrance for the downstairs suite. Solid-surface counters, newer appliances, tile and laminate floors, and a cozy pellet stove add comfort and style. Step outside and take in panoramic ocean views from every level, or walk just steps to the beach. RV parking offers added flexibility for guests or personal use. The detached cottage provides extra living space, making it ideal for extended family, guests, or additional rental income. Located minutes from shopping, dining, and the charm of Florence’s Historic Old Town District, this property offers convenience alongside coastal beauty. Much of the newer furniture and vacation rental setup may be included or negotiated separately, giving buyers a turnkey investment option. Whether you’re seeking an income-producing vacation rental, a private getaway, or a full-time coastal residence, this property delivers it all—rare ocean views, proven rental success, and space for guests.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,600
Year Built
- Built in 1949
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
- Gentle Sloping Lot
- Property is zoned RA/MH/U
Home Design
- Bungalow
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,810 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- 1 Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Laminate Flooring
- Ocean Views
- Washer and Dryer
Kitchen
- Free-Standing Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Deck
- Outbuilding
- Porch
Schools
- Siuslaw Elementary And Middle School
- Siuslaw High School
Utilities
- No Cooling
- Zoned Heating
- Pellet Stove burns compressed wood to generate heat
- Electric Water Heater
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0776979
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,687 | $241,903 | -- | -- |
| 2024 | $2,600 | $234,858 | -- | -- |
| 2023 | $2,600 | $228,018 | $0 | $0 |
| 2022 | $2,423 | $221,377 | $0 | $0 |
| 2021 | $2,356 | $214,930 | $0 | $0 |
| 2020 | $2,288 | $208,670 | $0 | $0 |
| 2019 | $2,199 | $202,593 | $0 | $0 |
| 2018 | $2,222 | $190,964 | $0 | $0 |
| 2017 | $2,140 | $190,964 | $0 | $0 |
| 2016 | $2,080 | $185,402 | $0 | $0 |
| 2015 | $2,080 | $180,002 | $0 | $0 |
| 2014 | $2,041 | $174,759 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- | |
| 10/26/2025 10/26/25 | Price Changed | $739,500 | -1.3% | $409 / Sq Ft | |
| 08/27/2025 08/27/25 | For Sale | $749,500 | +51.4% | $414 / Sq Ft | |
| 07/12/2022 07/12/22 | Sold | $495,000 | 0.0% | $273 / Sq Ft | View Prior Sale |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- | |
| 05/16/2022 05/16/22 | For Sale | $495,000 | +84.0% | $273 / Sq Ft | |
| 09/20/2018 09/20/18 | Sold | $269,000 | 0.0% | $218 / Sq Ft | View Prior Sale |
| 07/30/2018 07/30/18 | Pending | -- | -- | -- | |
| 07/10/2018 07/10/18 | For Sale | $269,000 | -- | $218 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | First American Title | |
| Warranty Deed | $269,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 159598101
APN: 0776979
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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