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

$1,599,000

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Property Description

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!!

285 Monroe Avenue, Unit 1,2,3,4 | MLS# 1077517

This multi-family property located at 285 Monroe Avenue, Unit 1,2,3,4, Cape Canaveral, FL 32920 is currently listed for sale with an asking price of $1,599,000. Search Cape Canaveral real estate on www.bankeayanleke.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Garage: 3
Heating: Electric
Lot Size: 0.29 Acres
Roof Type: Shingle
Year Built: 1965
Square Feet: 3,584

Feature Descriptions

Common Amenities: Pool
Days on Site: 9
Equipment/ Appliances Features: Dishwasher, Electric Range, Microwave, Refrigerator
Exterior: Block, Concrete, Stucco, Vinyl Siding, Wood Siding
Flooring: Carpet, Laminate, Tile
Parking Notes: Detached
Road Surface: Paved
Sewer: Public Sewer
Utility Features: Cable Available, Electricity Available, Sewer Connected, Water Available
Water: Public

Local Schools

High School: Cocoa Beach
Middle School: Cocoa Beach
Elementary School: Cape View

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 321-259-5280

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,400.96 per month $7,934.58 Principal & Interest $0.00 Property Tax (data not provided by mls) $466.38 Homeowner's Insurance

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