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285 Monroe Avenue, Unit 1,2,3,4, Cape Canaveral, FL 32920

$1,599,000

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Property Description

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!!

285 Monroe Avenue, Unit 1,2,3,4 | MLS# 1077517

This multi-family property located at 285 Monroe Avenue, Unit 1,2,3,4, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $1,599,000. Search Cape Canaveral real estate on www.signwithsanford.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Garage: 3
Heating: Electric
Lot Size: 0.29 Acres
Roof Type: Shingle
Year Built: 1965
Square Feet: 3,584

Feature Descriptions

Common Amenities: Pool
Days on Site: 20
Equipment/ Appliances Features: Dishwasher, Electric Range, Microwave, Refrigerator
Exterior: Block, Concrete, Stucco, Vinyl Siding, Wood Siding
Flooring: Carpet, Laminate, Tile
Parking Notes: Detached
Road Surface: Paved
Sewer: Public Sewer
Utility Features: Cable Available, Electricity Available, Sewer Connected, Water Available
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 321-259-5280

Shown By

Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,602.33 per month $8,135.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $466.38 Homeowner's Insurance

Change Payment Information

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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 06/06/2026. The listing information on this page last changed on 06/06/2026. 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 06/06/2026 2:15:24 AM EST) or GAMLS (last updated Fri 06/05/2026 11:15:12 PM EST) or Stellar MLS (last updated Sat 06/06/2026 1:58:59 AM EST) or SPC MLS (last updated Fri 06/05/2026 11:21:23 PM EST) or Martin MLS (last updated Fri 06/05/2026 11:38:10 PM EST) or Indian River MLS (last updated Fri 06/05/2026 11:30:17 PM EST) or Daytona MLS (last updated Fri 06/05/2026 11:36:50 PM EST) or Northeast Florida MLS (last updated Sat 06/06/2026 12:19:00 AM EST) or Beaches MLS (last updated Sat 06/06/2026 2:09:16 AM EST) or BORMLS (last updated Fri 06/05/2026 11:16:13 PM EST) or Amelia/Nassau MLS (last updated Fri 06/05/2026 11:25:15 PM EST) or Dixie Gilchrist Levy MLS (last updated Fri 06/05/2026 11:42:16 PM EST) or NFLMLS (last updated Fri 06/05/2026 9:05:05 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.
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