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214 Madison Avenue #1-4

Cape Canaveral, FL 32920
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$995,000 $4,194/Mo
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Bed 8

Bed

Bath 4

Bath

SqFt3,582

Sqft

Acres0.30

Acre(Lot)

Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come.

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Detail Ic Property Details

Property Type : Residential Income

Price : $995,000

AD Id : 88050083

MLS Id : 1082533

Beds : 8

Lot Size : 0.30 Acre

Living Area Size : 3,582

Year Built : 1974

County : Brevard

Subdivision: Avon By The Sea

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer

  • Flooring Information

    Carpet, Laminate, Tile, Vinyl

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer Laundry Features: Multiple Locations

  • Heating & Cooling

    Heating: Central, Electric Cooling: Central Air, Electric WaterSource: Public

  • Building Information

    Year Built: 1974 Stories: 1 Construction Materials: Frame, Wood Siding Security System: Security Lights, Smoke Detector(s) Roof: Shingle

  • Exterior Features

    Courtyard

  • Road Types

    Asphalt
    City Street

  • Fencing

    Wood

  • Laundry Features

    Multiple Locations

    Fencing

    Wood

  • Lot Information

    Lot Size Area: 0.3 Acres Lot Square Feet: 13,068 Stories: 1 Main Square Feet: 3582

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 3,582 Subdivision: Avon By The Sea MLS Area Minor: 271 - Cape Canaveral Source Neighborhood: Avon By The Sea Construction Materials: Frame, Wood Siding Property Age: 52

  • Listing Price Information

    Listing Id: 1082533 ist Price: $995,000 List Price Tot SqFt: $278 Listing Terms Cash, Conventional, FHA, Other

  • Listing Information

    Possession: Close Of Escrow, Subject To Tenant Rights

  • Tax Information

    Parcel Number: 24-37-23-Cg-00014.0-0012.00 Annual Tax: $7,633 Tax Year: 2025 Taxes: AVON BY THE SEA E 25 FT OF LOT 12,ALL OF LOT 13 & W 29 FT OF LOT 14 BLK 14

  • Parking Information

    Parking Total: 10

  • School Information

    Elementary School: Cape View
    Elementary School District:
    Junior High School: Cocoa Beach
    Senior High School: Cocoa Beach

  • Utility Information

    Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters

  • Location Information

    Direction: From 528 heading East turn left at N. Atlantic Ave then turn Right on Madison Ave and the Quadplex will be on the left.
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212 Monroe Avenue #212 .., Cape Canaveral, FL, 32920 $669,500 4 -- 2,240 2,240 SqFt
115 Jefferson Avenue, Cape Canaveral, FL, 32920 $1,250,000 6 6 4,560 4,560 SqFt

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ByOwner last updated this listing 07/22/2026 @ 11:59

MLS: 1082533 LISTED BY: Jared Doyle, ITG Realty 321-622-2701 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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