7554 Magnolia Avenue Cape Canaveral, FL $ 395,000
7554 Magnolia Avenue
$ 395,000
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7554 Magnolia Avenue

Cape Canaveral, FL, 32920
$ 395,000
Bedrooms2 Baths2.0 Sq 1,008

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Cape Canaveral, FL

for $395,000 with 2 bedrooms and 2 full baths. This 1,008 square foot home was built in 1955 on a lot size of 0.14.

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. Currently generating approximately $36,000 annually through long-term and mid-term rentals, with additional upside potential through 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.

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Multi-Family Active

Price

$ 395,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,936

Style

Duplex

Lot Size

0.14

Year Built

1955

Town/City

Cape Canaveral

County/Region

Brevard

MLS | Web ID

1075650

Features
General
Living Area 1008
Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Membrane
Appliances Electric Oven Electric Range Electric Water Heater Freezer Microwave Refrigerator
Security Features Smoke Detector(s)
Construction Materials Block Concrete Stucco
Year Built 1955
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 36000
Additional Parcels Description 2434103
County Brevard
New Construction false
Property Type Residential Income
Association Amenities None
HOA false
Attached Garage false
Subdivision Name Avon By The Sea
Facing Direction West
Garage Y/N false
Full Baths 2
Status Active
Directions From Highway A1A go east on Tyler Ave. Duplex is at intersection of Tyler Ave. and Magnolia Ave.
High School Cocoa Beach
City Cape Canaveral
Senior Community Y/N false
Zoning Description Multi Family
Number Of Units Total 2
MLS Area 271 - Cape Canaveral
Lot Size Units Acres
Lot Size Square Feet 6098
Carport Y/N false
Elementary School Cape View
Tax Annual Amount 3936.57
Middle/Junior High School Cocoa Beach
MLS Area Minor 271 - Cape Canaveral
Standard Status Active
Legal Description AVON BY THE SEA LOT 1 BLK 44
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Interior
Flooring Tile Vinyl
Furnished Y/N Partially
Total Stories 1
Air Conditioning Y/N true
Heating Y/N false
Half Baths 0
Laundry Features None
Total Bedrooms 2
Entry Level 1
Total Baths 2
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Exterior
Fencing Back Yard Privacy Wood
Parking Features Off Street
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 0.14
Number of Buildings 1
Building Area Total 1008
Lot Size Acres 0.14
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Atlantic Group Real Estate

Broker

ashley@hallpropertiesfl.com

Email

Affordability Calculator

$2,760
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4808625 Elementary School
4808624 Middle School
Cocoa Beach High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$395,000 Listed Price

Map


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7554 Magnolia Avenue, Cape Canaveral, FL, 32920 is a Multi-Family Home for sale at $395,000 with 1,008 sqft and a lot size of 0.14. 7554 Magnolia Avenue has 2 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 32920 which is in Cape Canaveral, FL