For SaleMulti-Family
$1.6M
285 Monroe Avenue 1,2,3,4, Cape Canaveral, FL 32920, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Avon By The Sea
8
Bedrooms
1
Bathrooms
3,584
Sq Ft
1965
Year Built

About This Property

RARE TURNKEY INVESTMENT just steps from the beach! This fully furnished Cape Canaveral quadplex features 4 updated 2 bed units, including three 1 bath units and one with 1.5 baths, already operating as successful short-term vacation rentals. With strong gross income performance and a setup built for continued rental success, this is the kind of coastal income property investors look for and rarely find. Guests love the above-ground pool, charming outdoor entertainment space, beautiful landscaping, and walkable beach lifestyle. Located on a corner lot in the heart of Cape Canaveral next to the new Community Center and just a 5-minute walk to the beach. Includes 2 buildings, 3 garages, ample parking, community laundry, ADT security system, and separate electric/water meters. Continue operating as a vacation rental business or convert to long-term rentals if desired. See attached income details for more information. Owner financing available! Rare coastal asset with investor flexibility!!

Additional Details

Lot Size:0.29 acres (12,632 sqft)
Full Baths:1
Garage:3 car
MLS Area:271 - Cape Canaveral

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

$1.6M
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Listing Agent

N
Nick F Farinella Jr.
Coldwell Banker Realty
321-543-1685
MLS# 1077517
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