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

$995,000

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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.soldbyloscalzo.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: 8
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: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®

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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

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