Refine Search

214 Madison Avenue , Unit 1-4, Cape Canaveral, FL 32920

$995,000

48 Total Photos [Click to View All]

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.30 Acres
Roof Type: Shingle
Year Built: 1974
Square Feet: 3,582

Amenities

Courtyard

Feature Descriptions

Days on Site: 3
Equipment/ Appliances Features: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Exterior: Frame, Wood Siding
Flooring: Carpet, Laminate, Tile, Vinyl
Road Surface: Asphalt
Security/ Safety Features: Security Lights, Smoke Detector(s)
Sewer: Public Sewer
Utility Features: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Water: Public

Local Schools

High School: Cocoa Beach
Middle School: Cocoa Beach
Elementary School: Cape View

Listed By / Shown By

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 ®

IDX logo

Estimate Your Payment

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 Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:09:54 AM EST) or GAMLS (last updated Fri 07/17/2026 10:21:18 AM EST) or Stellar MLS (last updated Fri 07/17/2026 11:58:55 PM EST) or SPC MLS (last updated Fri 07/17/2026 11:21:30 PM EST) or Martin MLS (last updated Fri 07/17/2026 11:38:09 PM EST) or Indian River MLS (last updated Fri 07/17/2026 11:30:12 PM EST) or Daytona MLS (last updated Fri 07/17/2026 11:36:58 PM EST) or Northeast Florida MLS (last updated Fri 07/17/2026 11:59:02 PM EST) or Beaches MLS (last updated Fri 07/17/2026 11:59:37 PM EST) or BORMLS (last updated Fri 07/17/2026 11:17:00 PM EST) or Scout MLS (Golden Isles) (last updated Fri 07/17/2026 7:06:24 AM EST) or Amelia/Nassau MLS (last updated Fri 07/17/2026 11:25:15 PM EST) or Dixie Gilchrist Levy MLS (last updated Fri 07/17/2026 11:42:25 PM EST) or NFLMLS (last updated Fri 07/17/2026 9:05:50 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel