221 Madison Avenue, Cape Canaveral, FL 32920

$955,000
12
BD
6
BA
5,080
SqFt

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Sold Price
$955,000
List Price
$1,200,000
Closing Date
Dec 12, 2025
MLS#
1043737
Type
Multifamily
Bedrooms
12
Bathrooms
6
Living Area
5,080
Lot Size
16,553
Subdivision
Avon By The Sea
Year Built
1964

Property Description

RARE OPPORTUNITY 3 BLOCKS TO THE BEACH! A 7-UNIT INVESTMENT PROPERTY! This gem of a property is currently fully occupied with wonderful tenants! A well-maintained multi-family income producing property with each unit having an open floor plan, all tile flooring, all new updated baths, newer kitchens, and every unit is super clean! Peace of mind with a brand-new roof over the entire building, and all cast iron plumbing has been replaced throughout all units! Plenty of parking and storage areas for each unit and there's an on-site coin operated laundry that generates extra income! Location, location, location makes these easy rentals w/no HOA plus only a 5-minute walk to a beach crosswalk, Port Canaveral is a short bike ride away, KSC is only a 20-minute drive, and MCO & theme parks a 35-minute drive! Plenty of shopping & restaurants within walking distance! Collect rents now and bank the land & property for a future project!

Additional Information

Appliances
Disposal, Dishwasher, Electric Range, Microwave, Refrigerator
Exterior Construction
Concrete, Frame
Roof
Shingle
High School
Cocoa Beach
Middle School
Cocoa Beach
Elementary School
Cape View
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Floor
Tile
Heating
Other, Individual
Cooling
Wall/Window Unit(s)

Listing courtesy of Space Coast Realty & Inv. LLC. Selling Office: Space Coast Realty & Inv. LLC.

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