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7554 Magnolia Avenue

Cape Canaveral, FL 32920
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Bed 2

Bed

Bath 2

Bath

SqFt1,008

Sqft

Acres0.14

Acre(Lot)

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. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $385,000

AD Id : 89783310

MLS Id : 1075650

Beds : 2

Lot Size : 0.14 Acre

Living Area Size : 1,008

Tax Amount : 3936.57

Year Built : 1955

County : Brevard

Subdivision: Avon By The Sea

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Tile, Vinyl
  • Roofing Information

    Membrane
  • Interior Features

    Roof: Membrane Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
  • Heating & Cooling

    Heating: None Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1955 Stories: 1 Construction Materials: Block, Concrete, Stucco Security System: Smoke Detector(s) Roof: Membrane
  • Road Types

    Asphalt
    City Street
  • Fencing

    Back Yard, Privacy, Wood
  • Laundry Features

    Electric Dryer Hookup, In Unit, Washer Hookup

    Fencing

    Back Yard, Privacy, Wood

  • Lot Information

    Lot Description: Corner Lot Lot Size Area: 0.14 Acres Lot Square Feet: 6,098 Stories: 1 Main Square Feet: 1008

    Property Information

    Property Type: Residential Income Sub Type: Duplex SQ ft (Living Area): 1,008 Subdivision: Avon By The Sea MLS Area Minor: 271 - Cape Canaveral Source Neighborhood: Avon By The Sea Construction Materials: Block, Concrete, Stucco Property Age: 71

  • Listing Price Information

    Listing Id: 1075650 ist Price: $385,000 Original List Price: $395,000 List Price Tot SqFt: $382 Listing Terms Cash, Conventional, FHA
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 24-37-23-Cg-00044.0-0001.00 Annual Tax: $3,937 Tax Year: 2025 Taxes: AVON BY THE SEA LOT 1 BLK 44

  • Parking Information

    Parking Total: 4 Off Street

    Homeowners Association Information

    Included Amenities: None

  • School Information

    Elementary School: Cape View
    Elementary School District:
    Junior High School: Cocoa Beach
    Senior High School: Cocoa Beach
  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From Highway A1A, go east on Tyler Ave. Duplex is at intersection of Tyler Ave. and Magnolia Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7522 Magnolia Avenue #1-6, Cape Canaveral, FL, 32920 $995,000 12 -- 3,872 0.14 Acre
333 Tyler Avenue, Cape Canaveral, FL, 32920 $825,000 3 3 1,388 0.22 Acre
214 Madison Avenue #1-4, Cape Canaveral, FL, 32920 $995,000 8 4 3,582 0.30 Acre
214 Jefferson Avenue, Cape Canaveral, FL, 32920 $598,000 7 4 2,944 0.20 Acre
212 Monroe Avenue #212 .., Cape Canaveral, FL, 32920 $649,900 4 -- 2,240 0.14 Acre
115 Jefferson Avenue, Cape Canaveral, FL, 32920 $1,250,000 6 6 4,560 0.22 Acre

ByOwner last updated this listing 09/05/2026 @ 12:15

MLS: 1075650 LISTED BY: Ashley Hall, Atlantic Group Real Estate 321-255-2550 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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