$1,400,000

221 Madison Avenue, Cape Canaveral, FL 32920

  • 12 beds |
  • 6 baths |
  • 5,080 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $276/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
April 19, 2025 at 05:00AM
Listing Office:
Space Coast Realty & Inv. LLC : 321-783-5000
Listing Agent:
Donna A Gianotti-Kelley : 321-783-5000
MLS ID:
1043737
  • Appliances: DishwasherDisposalElectric RangeMicrowaveRefrigerator
  • Laundry: Common Area
  • Flooring: Tile
  • A/C: Wall/Window Unit(s)
  • Heating: OtherIndividual

This listing courtesy of Donna A Gianotti-Kelley, Space Coast Realty & Inv. LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cape View Elementary School

8440 Rosalind Ave, Cape Canaveral, FL, 32920

Grades PK-6

0.39 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

5.17 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

5.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.