ActiveDuplex
7554 Magnolia Avenue, Cape Canaveral, FL 32920
Cape Canaveral, FL 32920 · MLS #1075650The residence
About this property
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.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,008 sq. ft.
- Year built
- 1955
- Lot size
- 6,098 sq. ft.
- Subdivision
- Avon By The Sea
- County
- Brevard
- Original list price
- $395,000
- Listing date
- August 20, 2026
- Annual property tax
- $3,937 (2025)
- Listing agent
- Ashley N Hall
- Listing office
- Atlantic Group Real Estate
- MLS number
- 1075650
Neighborhood & location
Explore Avon By The Sea
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Cape View
- Middle school
- Cocoa Beach
- High school
- Cocoa Beach
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $1,947
- Property taxes
- $328
- Homeowners insurance
- $193
- Estimated total
- $2,467
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Atlantic Group Real Estate, 321-255-2550.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.