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For SaleMulti-Family
$595K
116 & 118 Lincoln Avenue, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
6
Bedrooms
2
Bathrooms
1,600
Sq Ft
1957
Year Built
$372 /sqft

About This Property

Description from listing agent

Rare investment opportunity in the heart of Cape Canaveral! This fully remodeled duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, making it ideal for investors or multi-family living. The property is commercially zoned, allowing daily rentals and providing excellent income potential for vacation or short-term rentals. Located just a few blocks from the beach and minutes from Port Canaveral, cruise terminals, and local restaurants and entertainment. It sits in a high-demand area for tourists and cruise travelers. Each unit includes a large fenced backyard, perfect for outdoor space and privacy. The duplex has been completely remodeled and, importantly, has no cast iron pipes underneath, reducing future maintenance concerns. Whether you're looking for a strong income property, an Airbnb opportunity, or a place to live on one side while renting the other, this prime coastal duplex offers great potential in one of the Space Coast's most desirable locations.

Space Coast Context

🚀 Launch Viewing — Great Views

12.6 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin7.5 mi~17 min
SpaceX7.9 mi~18 min
Lockheed8 mi~18 min
Boeing/KSC10 mi~22 min
KSC11 mi~25 min
Northrop17.6 mi~39 min
L3Harris19.5 mi~43 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
  • 3/14/26
    Listed
    $595K
    $372/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 (single family, condo, townhouse, etc.)
  • 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 ±20% of list price
  • Square footage within ±10–20% (tighter in early tiers)
  • Year built always within ±5–15 years (never dropped)

We search in tiers — starting with the same subdivision, then the same neighborhood, then the same zip code (up to 5 miles). Year built is always required so comps are from the same era of construction. We never search city-wide. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.14 acres (6,098 sqft)
Full Baths
2
Stories
1
Days on Market
93
MLS Area
271 - Cape Canaveral

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Mar 19, 2026
Parcel #
24-37-23-Cg-00065.0-0015.00
$595K

Listing Agent (for property info)

S
Samantha Ann Weston
Coldwell Banker Realty
734-245-7942
Call Listing Agent

Estimated Monthly Payment

$3,880/mo
Principal & interest
$3,135
Property taxes
$595
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $595K price — down payment shown: $119,000.

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# 1072408

Interested in this property?

Equal Housing Opportunity

MLS# 1072408 · Listing Broker: Coldwell Banker Realty · 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.