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 Coasts 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 areas 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 todays 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 youre 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 Coasts 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.
Listed By
Agency Name: ITG Realty
Agency Phone: 321-622-2701
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 5,305.78 per month $5,015.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $290.21 Homeowner's InsuranceSend an email with a link to
214 Madison Avenue , Unit 1-4, Cape Canaveral, FL 32920.
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214 Madison Avenue , Unit 1-4, Cape Canaveral, FL 32920.
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214 Madison Avenue , Unit 1-4 | MLS# 1082533
This multi-family property located at 214 Madison Avenue , Unit 1-4, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $995,000. Search Cape Canaveral real estate on www.signwithsanford.com today.