285 Monroe Avenue Unit 1234, Cape Canaveral, FL 32920

$1,599,000
8
BD
1
BA
3,584
SqFt

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List Price
$1,599,000
Status
PENDING
Days on Market
130
MLS#
1077517
Subtype
Residential Income
Year Built
1965
Bedrooms
8
Bathrooms
1
Full Baths
1
Living Area
3,584
Lot Size
12,632
Acres
0.29
Subdivision
Avon By The Sea
MLS Area Major
Cape Canaveral

Property Description

OWNER FINANCING AVAILABLE. 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!

Additional Information

Financing
Assumable, Cash, Conventional, FHA, Owner May Carry, Private Financing Available, VA Loan
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Heating
Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block, Concrete, Stucco, Vinyl Siding, Wood Siding
Roof
Shingle
Parking
Detached
Garage Spaces
3
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach

Courtesy of Coldwell Banker Realty

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