285 Monroe Avenue Unit 1234, Cape Canaveral, FL 32920

$1,599,000
8
BD
1
BA
3,584
SqFt

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List Price
$1,599,000
MLS#
1077517
Type
Multifamily
Bedrooms
8
Bathrooms
1
Living Area
3,584
Lot Size
12,632
Subdivision
Avon By The Sea
Year Built
1965

Property Description

OWNER FINANCING AVAILABLE. 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 Information

Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Exterior Construction
Block, Concrete, Stucco, Vinyl Siding, Wood Siding
Roof
Shingle
High School
Cocoa Beach
Middle School
Cocoa Beach
Elementary School
Cape View
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available
Floor
Carpet, Laminate, Tile
Heating
Electric
Cooling
Central Air, Electric

Listing courtesy of Coldwell Banker Realty.

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