$990,000
131 Cedar Avenue, Cocoa Beach, Fl 32931
Cocoa Beach, FL 32931
Listing updated: May 8, 2026 at 7:00 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage space
About this home
Located in the heart of downtown Cocoa beach just a five minute walk from the beach, this exceptional income-producing Duplex opportunity featuring two spacious units with strong flexibility for investors or owner-occupants. The South Unit spans 1,391 sq ft with 3 bedrooms and 3 bathrooms, attached garage, and a private fenced yard. This unit has been fully renovated with approximately $330,000 in improvements, including a new foundation, updated electrical, and plumbing. A tenant is currently in place on a month-to-month lease providing immediate income. The North unit offers 1,243 sq ft with 2 bedrooms and 1 bathroom, laundry room, a carport, covered back porch, and fenced yard. This unit is currently vacant, making it ideal for immediate occupancy or rental at market rate. Both units feature new central heating and cooling, along with a brand new metal roof (2025). A firewall separation offers potential to sell individually, adding unique flexibility and value.
Local Insight
At $990K for a 1973 duplex, you're paying roughly $400/sqft in a market where median single-family homes are running $815K–$875K—this property's value hinges entirely on the income potential of the second unit and the structural condition of a 51-year-old building, so get a thorough inspection of the roof, foundation, and systems before proceeding. Cocoa Beach's median age of 59.8 and modest population growth mean limited rental demand compared to younger Florida markets, which could make the duplex-as-investment thesis harder to justify unless you're planning owner-occupancy or have specific tenant commitments lined up.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price increased$990,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Subdivision
- None
- County
- Brevard
- Year built
- 1973
- Living area
- 2,475 sq ft
- Price/sq ft
- $400
- Building area
- 0 sq ft
- Lot size
- 7,405 sq ft
- Garage
- 1 spaces
- MLS #
- 1076717
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
Parking
- Garage spaces
- 1
Listing Details
- Original list price
- $990,000
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 8, 2026 at 7:00 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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