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.
For sale
$990,000
131 Cedar Ave, Cocoa Beach, FL 32931
5beds
2,475sqft
Duplex
Built in 1973
-- sqft lot
$925,500 Zestimate®
$400/sqft
$-- HOA
What's special
- 68 days |
- 381 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Cliff Glansen 877-575-5505,
FlatFee.com
Source: Space Coast AOR,MLS#: 1076717
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 2,475 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Stories: 1
- Fencing: Back Yard
Lot
- Size: 7,405 Square Feet
Details
- Additional parcels included: 2517389
- Parcel number: 2537108200114.A0016.00
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cocoa Beach
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $432,000
- Annual tax amount: $6,833
- Date on market: 5/7/2026
Estimated market value
$925,500
$879,000 - $972,000
$2,967/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $990,000$400/sqft |
Source: Space Coast AOR #1076717 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,833 +4.4% | $432,000 |
| 2024 | $6,548 +10.5% | $432,000 +15.4% |
| 2023 | $5,925 +10% | $374,400 -1% |
| 2022 | $5,388 +13.9% | $378,000 +32.4% |
| 2021 | $4,730 +8.9% | $285,410 +10% |
| 2020 | $4,344 +7.5% | $259,460 +10% |
| 2019 | $4,040 | $235,870 +7.2% |
| 2018 | $4,040 +37.3% | $220,000 +10% |
| 2017 | $2,941 -17.2% | $200,000 +14.3% |
| 2016 | $3,552 +20.8% | $175,000 +7.5% |
| 2015 | $2,941 +8.6% | $162,800 +10% |
| 2014 | $2,709 | $148,000 +5% |
| 2013 | -- | $141,000 -6.8% |
| 2012 | $2,614 -3.9% | $151,210 +5% |
| 2011 | $2,719 -10.3% | $144,070 -15.2% |
| 2010 | $3,031 -4.2% | $169,900 -10% |
| 2009 | $3,165 -11.2% | $188,780 -12.6% |
| 2008 | $3,565 -14% | $215,900 -10.4% |
| 2007 | $4,145 +20.3% | $241,000 +19% |
| 2005 | $3,446 +15.7% | $202,470 +22.5% |
| 2004 | $2,979 +62.2% | $165,240 +16.3% |
| 2003 | $1,837 +11.4% | $142,030 +13.8% |
| 2002 | $1,648 +1.8% | $124,760 +20.6% |
| 2001 | $1,620 -1.6% | $103,430 +21.9% |
| 2000 | $1,645 | $84,830 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32931
Nearby schools
GreatSchools rating
- 9/10Theodore Roosevelt Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 7/10Cocoa Beach Junior/Senior High SchoolGrades: 7-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Roosevelt
- Middle: Cocoa Beach
- High: Cocoa Beach
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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