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$995,000
New Listing

214 Madison Avenue 1-4
Cape Canaveral, FL 32920

For Sale|Quadruplex|Active
8
Beds
4
Total Baths
4
Full Baths
3,582
SqFt
$278
/SqFt
1974
Built
Subdivision:
Avon By The Sea
County:
Brevard
Call Now: (321) 626-4727
Is this the listing for you? We can help make it yours.
(321) 626-4727
214 Madison Avenue 1-4214 Madison Avenue 1-4214 Madison Avenue 1-4214 Madison Avenue 1-4
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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 Coast's 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 area's 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 today's 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 you're 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 Coast's 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.

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Listing Snapshot
Price 
$995,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
3,582 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1974
MLS® Number 
1082533
Status 
Active
Property Tax 
$7,633.1
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
22 hours agoListing first seen on site
22 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.3
Additional Property Use 
Multi-Family
Direction Faces 
South
Number Of Stories 
1
Parking Spaces 
10
Property Sub Type 
Quadruplex
Security 
Security LightsSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher
Cooling 
Central AirElectric
Flooring 
CarpetLaminateTileVinyl
Furnished 
Unfurnished
Heating 
CentralElectric
Laundry Features 
Multiple Locations
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Exterior Features
Construction Details 
FrameWood Siding
Exterior 
Courtyard
Fencing 
Wood
Road Frontage 
City Street
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
271 - Cape Canaveral
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach
Listing courtesy of ITG Realty

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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