221 Madison Avenue, Cape Canaveral, FL 32920
No
BUILDINGS
$1,400,000
LISTING PRICE
5,080
SQUARE FEET
Multi Family
TYPE
Status: Active
For More Information Call:
(321) 543-4374
Property Details:
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!

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- Acreage0.38
- Area271 - Cape Canaveral
- BuildingsNo
- CityCape Canaveral
- CountyBrevard
- DirectionsA1A North from Cocoa Beach turn right onto Madison, complex on the right
- Fixer UpperNo
- General County LocationCentral
- Legal DescriptionAVON BY THE SEA LOT 6 & W 33 1/3 OF LOT 7 ALSO LOT 5 BLK 20
- List Price/SqFt$275.59 / sqft
- Listing ID1043737
- Listing StatusActive
- Manager/Owner OccupiedUnfurnished
- Number of Units1
- PoolNo
- Private PoolNo
- Prop TypeMulti Family
- Property TypeMultifamily
- SqFt - Living5,080 sqft
- State/ProvinceFL
- StatusActive
- Status Change DateSaturday, April 19th, 2025
- Street NameMadison
- Street Number221
- Street SuffixAvenue
- SubdivisionAvon By The Sea
- Tax Year2024
- Taxes$9,509
- UnBranded Virtual TourClick Here
- Year Built1964
- Zip Code32920