88426 2ND AVE
Florence, OR, 97439 $ 739,500
Bedrooms2 Baths2.1 Sq 1,810 Monthly Estimate*
$ 4,614
for $739,500 with 2 bedrooms and 2 full baths, 1 half bath. This 1,810 square foot home was built in 1949 on a lot size of 0.14.
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.
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FeaturesInteriorInterior Amenities CeilingFan LaminateFlooring WasherDryer
Total Fireplaces 1
Fireplace Features PelletStove
Hot Water Electricity
Window Features VinylFrames
Total Bathrooms 2.1
Total Bedrooms 2
Total Baths 3
1/2 Baths 1
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GeneralSewer SepticTank
Heating Zoned
Cooling None
Roof Composition
Appliances Dishwasher FreeStandingRange FreeStandingRefrigerator RangeHood StainlessSteelAppliance
Zoning RA/MH/U
Garage Spaces 0
Architectural Style Stories2 Bungalow
Security Features None
Year Built 1949
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 0776979
County Lane
Property Type Residential
HOA N
Full Baths 2
Status Pending
Directions Hwy 101 N turn West on Heceta Beach Rd R on 4th Ave L on Falcon to home on R.
High School Siuslaw
City Florence
Disclosures Disclosure
MLS Area _229
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional VALoan
Elementary School Siuslaw
Tax Annual Amount 2599.52
Middle/Junior High School Siuslaw
Property Condition Resale
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 18-12-04-13- TL 03300 and 03400
ADU False
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ExteriorExterior Amenities Deck Outbuilding Porch RVParking
Parking Features OffStreet RVAccessParking
Lot Features CornerLot GentleSloping OceanBeachOneQuarterMileOrLess
Water Source PublicWater
Total Parking 0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Building Area Total 1810.0
Lot Size Acres 0.14
Road Surface Type Paved
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* Excluded FeaturesList ByColdwell Banker Coast Real EstBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,614
- Monthly Property Taxes
- $217
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Florence, OR
Average List Price $519,874
Percent of Sale Price 30%
About Florence, OR 9,592 Population
28% Since 2002
$ 35,291 Median Income
57.64 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
1951246 Elementary School
1949898 Middle School
Siuslaw High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/26/2025 | $739,500 | -1.33% | Price Down |
| 8/27/2025 | $749,500 | | Listed Price |