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285 Monroe Avenue 1,2,3,4 Cape Canaveral, FL $ 1,599,000
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$ 1,599,000 Get more info
285 Monroe Avenue 1,2,3,4
$ 1,599,000
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285 Monroe Avenue 1,2,3,4

Cape Canaveral, FL, 32920
$ 1,599,000
Bedrooms8 Baths1.0 Sq 3,584

Monthly Estimate*

$ 9,845

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Multi-Family Home for sale in Cape Canaveral, FL

for $1,599,000 with 8 bedrooms and 1 full bath. This 3,584 square foot home was built in 1965 on a lot size of 0.29.

RARE TURNKEY INVESTMENT just 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!!

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 11,991

Style

Quadruplex

Lot Size

0.29

Year Built

1965

Town/City

Cape Canaveral

County/Region

Brevard

MLS | Web ID

1077517
Features
General
Living Area 3584
Sewer Public Sewer
Heating Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Sewer Connected Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Range Microwave Refrigerator
Garage Spaces 3
Construction Materials Block Concrete Stucco Vinyl Siding Wood Siding
Year Built 1965
Levels One Two
Unit Number 1 2 3 4
Property Subtype Quadruplex
Tax Year 2025
Current Use Commercial Investment Residential
Gross Income 121818.35
Additional Parcels Description 2433747
County Brevard
New Construction false
Property Type Residential Income
Association Amenities Pool
HOA false
Attached Garage false
Subdivision Name Avon By The Sea
Garage Y/N true
Full Baths 1
Status Active
Directions Heading north on A1A turn right onto Jackson Ave. then first left onto Poinsettia and then right onto Monroe.
High School Cocoa Beach
City Cape Canaveral
Number Of Units Total 4
MLS Area 271 - Cape Canaveral
Lot Size Units Acres
Lot Size Square Feet 12632
Carport Y/N false
Elementary School Cape View
Tax Annual Amount 11991.7
Middle/Junior High School Cocoa Beach
MLS Area Minor 271 - Cape Canaveral
Virtual Tour https://www.virtualtourcafe.com/mls/10006221
Standard Status Active
Legal Description AVON BY THE SEA LOTS 7 & 8 BLK 26
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Interior
Flooring Carpet Laminate Tile
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Common Area In Garage
Total Bedrooms 8
Total Baths 1
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Exterior
Parking Features Detached
Water Source Public
Total Parking 5
Lot Size Area 0.29
Number of Buildings 2
Lot Size Acres 0.29
Road Surface Type Paved
Waterfront Y/N false
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* Excluded Features
List By
Coldwell Banker Realty

Broker

callnickjr@gmail.com

Email

Affordability Calculator

$10,845
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,845
Monthly Property Taxes
$999
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4808625 Elementary School
4808624 Middle School
Cocoa Beach High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/16/2026$1,599,000 Listed Price

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285 Monroe Avenue 1,2,3,4, Cape Canaveral, FL, 32920 is a Multi-Family Home for sale at $1,599,000 with 3,584 sqft and a lot size of 0.29. 285 Monroe Avenue 1,2,3,4 has 8 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 32920 which is in Cape Canaveral, FL

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