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$395,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 7554 Magnolia Ave
General
- Price: $395,000
- Taxes: $3,936 (2025)
- Status: Active
- Type: Duplex
- Source: BrevardCounty
- MLS ID: 1075650
- Updated: 4/24/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
- Furnishings: Partially
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: None
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 4
- Parking Features: Off Street
Location
- Area: 271 - Cape Canaveral
- County: Brevard
- Subdivision: Avon By The Sea
- Driving Directions: From Highway A1A, go east on Tyler Ave. Duplex is at intersection of Tyler Ave. and Magnolia Ave.
- Direction Faces: West
School Information
- Elementary School: Cape View
- Middle School: Cocoa Beach
- High School: Cocoa Beach
Community
- Community Features: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Stucco
- Roof: Membrane
- Stories/Levels: 1
- Square Feet: 1,008
- Living Area: 1,008 Sq. Ft.
- Current Bldg. Use: Multi-Family, Residential
- Year Built: 1955
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot
- Fencing (Description): Back Yard, Privacy, Wood
Financial Considerations
- Price Per Sq. Ft.: $391.87
- Tax Amount: $3,936.57
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry, Private Financing Available
Disclosures and Reports
- Special Conditions: Owner Licensed RE, Standard
- Property ID: 24-37-23-Cg-00044.0-0001.00
Listed by Atlantic Group Real Estate
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Schools
Schools serving 7554 Magnolia Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Cape View Elementary School 8440 Rosalind Avenue, Cape Canaveral, FL 32920 | PK-6 | 0.5 mi |
Cocoa Beach Junior/Senior High School 1500 Minutemen Causeway, Cocoa Beach, FL 32931 | 7-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7554 Magnolia Ave
Date
Details
Price
Change
Source
4/24/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7554 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,791
-1%
$290,400
—
2024
$3,814
3%
$290,400
4%
2023
$3,699
27%
$280,200
40%
2021
$2,909
-13%
$200,720
-28%
2022
$3,330
14%
$280,200
49%
2021
$2,909
34%
$188,560
18%
2018
$2,174
-5%
$160,000
23%
2019
$2,277
15%
$130,440
-1%
2017
$1,986
12%
$132,000
20%
2016
$1,767
8%
$110,000
23%
2015
$1,638
10%
$89,100
10%
2014
$1,495
1%
$81,000
5%
2013
$1,484
—
$77,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7554 Magnolia Ave
7554 Magnolia Avenue, Cape Canaveral, FL 32920 (MLS# 1075650) is a Duplex property with 2 bedrooms and 2 full bathrooms. 7554 Magnolia Avenue is currently listed for $395,000 and was received on April 24, 2026. Want to learn more about 7554 Magnolia Avenue? Do you have questions about finding other Duplex real estate for sale in Cape Canaveral? You can browse all Cape Canaveral real estate or contact a Coldwell Banker agent to request more information.

