3D Tour

221 Madison Avenue, Cape Canaveral, FL 32920

$1,200,000.00

About Property

RARE OPPORTUNITY 3 BLOCKS TO THE BEACH! A 7-UNIT INVESTMENT PROPERTY! This gem of a property is currently fully occupied with wonderful tenants! A well-maintained multi-family income producing property with each unit having an open floor plan, all tile flooring, all new updated baths, newer kitchens, and every unit is super clean! Peace of mind with a brand-new roof over the entire building, and all cast iron plumbing has been replaced throughout all units! Plenty of parking and storage areas for each unit and there's an on-site coin operated laundry that generates extra income! Location, location, location makes these easy rentals w/no HOA plus only a 5-minute walk to a beach crosswalk, Port Canaveral is a short bike ride away, KSC is only a 20-minute drive, and MCO & theme parks a 35-minute drive! Plenty of shopping & restaurants within walking distance! Collect rents now and bank the land & property for a future project!

Essential Property Information
  • Year Built: 1964
  • Price: $1,200,000
  • Property Type: Multifamily
  • Area: 5,080 sqft.
  • Country: USA
  • City: Cape Canaveral

Additional Property Info

  • Buildings: No
  • Fixer Upper: No
  • List Price/SqFt: $236.22 / sqft
  • Listing ID: 1043737
  • Listing Status: Active
  • Manager/Owner Occupied: Unfurnished
  • Number of Units: 1
  • Pool: No
  • Private Pool: No
  • Prop Type: Multi Family
  • Property Type: Multifamily
  • SqFt - Living: 5,080 sqft
  • State/Province: FL
  • Status: Active
  • Status Change Date: Saturday, April 19th, 2025
  • Street Name: Madison
  • Street Number: 221
  • Street Suffix: Avenue
  • Subdivision: Avon By The Sea
  • Tax Year: 2024
  • Taxes: $9,509
  • Virtual Tour: Click Here
  • Year Built: 1964
  • Zip Code: 32920

Property Details

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