214 Madison Avenue 1-4 Cape Canaveral, FL $ 995,000
214 Madison Avenue 1-4
$ 995,000
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214 Madison Avenue 1-4

Cape Canaveral, FL, 32920
$ 995,000
Bedrooms8 Baths4.0 Sq 3,582

Monthly Estimate*

$ 6,283

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Multi-Family Home for sale in Cape Canaveral, FL

for $995,000 with 8 bedrooms and 4 full baths. This 3,582 square foot home was built in 1974 on a lot size of 0.3.

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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Multi-Family Active

Price

$ 995,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,633

Style

Quadruplex

Lot Size

0.3

Year Built

1974

Town/City

Cape Canaveral

County/Region

Brevard

MLS | Web ID

1082533

Features
General
Living Area 3582
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected Separate Electric Meters
Possession Close Of Escrow Subject To Tenant Rights
Roof Shingle
Appliances Dishwasher Dryer Electric Range Electric Water Heater Microwave Refrigerator Washer
Security Features Security Lights Smoke Detector(s)
Construction Materials Frame Wood Siding
Year Built 1974
Tenant Pays Cable TV Electricity Telephone Water
Stories Count 1
Unit Number 1-4
Property Subtype Quadruplex
Tax Year 2025
Current Use Multi-Family
Additional Parcels Description 2433520
County Brevard
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Avon By The Sea
Facing Direction South
Garage Y/N false
Full Baths 4
Status Active
Directions From 528 heading East turn left at N. Atlantic Ave then turn Right on Madison Ave and the Quadplex will be on the left.
High School Cocoa Beach
City Cape Canaveral
Senior Community Y/N false
Number Of Units Total 4
MLS Area 271 - Cape Canaveral
Lot Size Units Acres
Lot Size Square Feet 13068
Carport Y/N false
Elementary School Cape View
Tax Annual Amount 7633.1
Middle/Junior High School Cocoa Beach
MLS Area Minor 271 - Cape Canaveral
Standard Status Active
Legal Description AVON BY THE SEA E 25 FT OF LOT 12 ALL OF LOT 13 & W 29 FT OF LOT 14 BLK 14
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Interior
Flooring Carpet Laminate Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Multiple Locations
Total Bedrooms 8
Total Baths 4
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Exterior
Exterior Amenities Courtyard
Fencing Wood
Water Source Public
Total Parking 10
Lot Size Area 0.3
Number of Buildings 2
Lot Size Acres 0.3
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Itg Realty

Broker

jared@doyleinvestmentteam.com

Email

Affordability Calculator

$6,919
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$636
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/14/2026$995,000 Listed Price

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214 Madison Avenue 1-4, Cape Canaveral, FL, 32920 is a Multi-Family Home for sale at $995,000 with 3,582 sqft and a lot size of 0.3. 214 Madison Avenue 1-4 has 8 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 32920 which is in Cape Canaveral, FL