221 Madison Avenue, Cape Canaveral, FL 32920
- $955,000
- 12
- BD
- 6
- BA
- 5,080
- SqFt
- Sold Price
- $955,000
- List Price
- $1,200,000
- Closing Date
- Dec 12, 2025
- MLS#
- 1043737
- Status
- CLOSED
- Type
- Multifamily
- County
- Brevard
- City
- Cape Canaveral
- Area
- Cape Canaveral
- Subdivision
- Avon By The Sea
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area
- 5,080
- Total Square Feet
- 16,553
- Acres
- 0.38
- Year Built
- 1964
- Days on Market
- 238
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!
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Additional Information
- Tax Year
- 2024
- Tax Amount
- $9,509
- Equipment And Appliances
- Disposal, Dishwasher, Electric Range, Microwave, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
- Exterior Finish
- Concrete, Frame
- Construction
- Concrete, Frame
- Roof
- Shingle
- Floor
- Tile
- Carport Spaces
- 4.0
- Parking
- Additional Parking, Assigned, Carport, Varies by Unit
- Elementary School
- Cape View
- Middle School
- Cocoa Beach
- High School
- Cocoa Beach
Mortgage Calculator
Listing courtesy of Space Coast Realty & Inv. LLC. Selling Office: Space Coast Realty & Inv. LLC.