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

$1,599,000


8

Beds


1

Bath


3,584

Sq Ft


Multi-Family


Virtual Tour

Active

MLS#

1077517

Source:

FL SPACE

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About This Home

285 Monroe Avenue #1,2,3,4

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!!

Home Facts

Multi-Family

1 Bath

8 Bedrooms

Built in 1965

Price Summary

1,599,000

$446 per Sq. Ft.

MLS #:

1077517

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

3,584 Sq. Ft.


Structure

Structure

Building Area:

3,584 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

12,632


Finances & Disclosures

Finances

Price:

$1,599,000

Price per Sq. Ft:

$446 per Sq. Ft.

285 Monroe Avenue #1,2,3,4
Source:FL SPACE
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.