326 Pierce Avenue, Cape Canaveral, FL 32920

$850,000
5
BD
5
BA
2,856
SqFt

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Sold Price
$850,000
List Price
$849,000
Closing Date
Oct 09, 2025
MLS#
1046371
Type
Multifamily
Bedrooms
5
Bathrooms
5
Living Area
2,856
Lot Size
9,583
Subdivision
Avon By The Sea
Year Built
1984

Property Description

Just one block from the Atlantic Ocean in sunny Cape Canaveral, this income-producing triplex combines the perfect blend of location, flexibility, and strong revenue potential. It features two spacious 2-bed/2-bath units (1,050 sq ft each) and one 1/1 unit (756 sq ft), each with private backyards, stylish finishes, and newer ACs. All units are separately metered and share a welcoming front yard. The large lot includes eight rare on-site parking spaces. Currently, the owner occupies the 1/1 unit while successfully operating the two 2/2 units as short-term vacation rentals through Airbnb, generating $66,000 in gross revenue over the last 12 months. This property has the potential to significantly increase returns, whether used for short-term, mid or long-term rental strategies. Beyond the numbers, the location is a major value driver: just steps to the beach, minutes to Cocoa Beach Pier, Port Canaveral, cruise terminals, dining, shopping, and entertainment. VA assumable loan at 2.375%.

Additional Information

Appliances
Dryer, Microwave, Washer
Exterior Construction
Stucco
Roof
Shingle
High School
Cocoa Beach
Middle School
Cocoa Beach
Elementary School
Cape View
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Available
Floor
Laminate, Tile
Heating
Central
Cooling
Central Air, Electric

Listing courtesy of Redfin Corp.. Selling Office: Weichert REALTORS Hallmark Pro.

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