326 Pierce Avenue, Cape Canaveral, FL 32920
- $850,000
- 5
- BD
- 5
- BA
- 2,856
- SqFt
- Sold Price
- $850,000
- List Price
- $849,000
- Closing Date
- Oct 09, 2025
- MLS#
- 1046371
- Status
- CLOSED
- Type
- Multifamily
- County
- Brevard
- City
- Cape Canaveral
- Area
- Cape Canaveral
- Subdivision
- Avon By The Sea
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 2,856
- Total Square Feet
- 9,583
- Acres
- 0.22
- Year Built
- 1984
- Days on Market
- 146
Property Description
Just one block from the Atlantic Ocean in sunny Cape Canaveral, this income-producing triplex combines the perfect blend of location, flexibility, and strong revenue potential. It features two spacious 2-bed/2-bath units (1,050 sq ft each) and one 1/1 unit (756 sq ft), each with private backyards, stylish finishes, and newer ACs. All units are separately metered and share a welcoming front yard. The large lot includes eight rare on-site parking spaces. Currently, the owner occupies the 1/1 unit while successfully operating the two 2/2 units as short-term vacation rentals through Airbnb, generating $66,000 in gross revenue over the last 12 months. This property has the potential to significantly increase returns, whether used for short-term, mid or long-term rental strategies. Beyond the numbers, the location is a major value driver: just steps to the beach, minutes to Cocoa Beach Pier, Port Canaveral, cruise terminals, dining, shopping, and entertainment. VA assumable loan at 2.375%.
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Additional Information
- Tax Year
- 2024
- Tax Amount
- $5,491
- Exterior Features
- Other
- Location Description
- Few Trees
- Equipment And Appliances
- Dryer, Microwave, Washer
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Available
- Exterior Finish
- Stucco
- Construction
- Stucco
- Roof
- Shingle
- Floor
- Laminate, Tile
- Parking
- Other
- Dwelling View
- Other
- Elementary School
- Cape View
- Middle School
- Cocoa Beach
- High School
- Cocoa Beach
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Listing courtesy of Redfin Corp.. Selling Office: Weichert REALTORS Hallmark Pro.