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For SaleSingle Family Home
$425K
127 Madison Avenue, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Marie Ann Villas
2
Bedrooms
2
Bathrooms
1,250
Sq Ft
2005
Year Built
$340 /sqft

About This Property

Description from listing agent

Contract but may show for back-up! Use as a primary residence, investment to produce income or as a vacation home to get away from the snow. Tropical WEEKLY rental gem or have your own get-away! Currently top-rated on a leading vacation site, Cape Canaveral. Can be turnkey, fully furnished (negotiable, exterior furniture excluded) 2-bed, 2-bath unit with own private Garage. Enjoy coastal living! Bike or walk a few blocks to the beach! This excellent beachside 1/2 Duplex used as Single-family home could also be great investment property (weekly rentals permitted) or your new coastal retreat! NO HOA. Built new in 2005. FURNISHINGS NEGOTIABLE (excludes exterior furniture). Newer Roof (2021) Fresh coastal-paint (2025) Newer AC (2022) Newer Water Heater (2021) Newer vinyl decks on side and back patio (2021) Low maintenance ''Turf Lawn'' behind fences on side yard and back yard. Easy access to Port, A1A, restaurants and Beach! Close to Rivers, Ocean & quick drive to Orlando!!

Space Coast Context

🚀 Launch Viewing — Great Views

12.1 mi from SLC-40

12.1 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
Blue Origin7.1 mi~16 min
SpaceX7.4 mi~16 min
Lockheed7.5 mi~17 min
Boeing/KSC9.5 mi~21 min
KSC10.6 mi~24 min
Northrop18.1 mi~40 min
L3Harris20.1 mi~45 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/31/25
    Listed
    $425K
    $340/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.09 acres (3,920 sqft)
Full Baths
2
Garage
1 car
Days on Market
343
MLS Area
271 - Cape Canaveral

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jul 31, 2025
Parcel #
24-37-23-43-00000.0-0005.00
$425K

Listing Agent (for property info)

L
Linda D Wise
Tropical Realty & Inv. of Brev
321-480-1141
Call Listing Agent

Estimated Monthly Payment

$2,814/mo
Principal & interest
$2,239
Property taxes
$425
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $425K price — down payment shown: $85,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1053312

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Equal Housing Opportunity

MLS# 1053312 · Listing Broker: Tropical Realty & Inv. of Brev · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.