1 / 40
For SaleSingle Family Home
$450K
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
$360 /sqft

About This Property

Description from listing agent

Just steps from the beach, this beautifully decorated 2-bedroom, 2-bathroom beachside duplex offers the perfect combination of coastal living and investment potential. Enjoy the convenience of being within walking or biking distance to the beach. Beautifully furnished and thoughtfully decorated inside and out, the property is offered with the option to include the furniture, providing a seamless opportunity for a buyer looking for a turnkey vacation rental or second home. Currently operating as an income-producing property with future bookings already in place, this duplex offers immediate rental potential. Weekly rentals are allowed and there is no HOA, providing flexibility for owners and investors.The inviting outdoor space is ideal for relaxing or entertaining. Whether you're looking for a profitable investment, a beach getaway, or both, this property delivers the best of the coastal lifestyle with the added benefit of rental income potential. Roof 2021, AC 2022 and W/H 2021

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
KSC10.5 mi~23 min
Northrop18.1 mi~40 min
L3Harris20.1 mi~45 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

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

Price History

Date
Event
Price
  • 8/27/26
    Listed
    $450K
    $360/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
1
MLS Area
271 - Cape Canaveral

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Sep 2, 2026
Parcel #
24-37-23-43-00000.0-0005.00
$450K

Listing Agent (for property info)

T
Tina Kennedy
Gulfstream Realty Group
407-310-4513
Call Listing Agent

Estimated Monthly Payment

$2,971/mo
Principal & interest
$2,371
Property taxes
$450
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $450K price — down payment shown: $90,000.

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# 1086178

What's Nearby

fire stations
Cape Canaveral Rescue Station 60
0.1 mi away
gas stations
Mobil
0.2 mi away
parks
Patriots Park
0.2 mi away
home improvement
Ace Hardware
0.3 mi away
shopping
7-Eleven
0.3 mi away
pharmacies
Mike's Pharmacy
0.3 mi away
restaurants
Wendy's
0.4 mi away
gas stations
Shell
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086178 · Listing Broker: Gulfstream Realty Group · 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.