$995,000

Quadruplex In Cape Canaveral

  • 8 Beds
  • 4 Baths
  • 3,582 Sqft
  • 13,068 Sqft lot
  • Updated: July 15
  • Source:
    Space Coast MLS (Space Coast Association of REALTORS)  MLS#1082533

About the Property

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 ex
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.
  • Property type

    Other

  • Floors

    1

  • Year built

    1974

  • Price/sqft

    $277

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214 Madison Avenue 1-4, Cape Canaveral, Florida, United States View on Google Maps
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ITG Realty - West Melbourne

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ITG Realty - West Melbourne
Florida, United States
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2026
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ITG Realty - West Melbourne
West Melbourne, Florida, United States
View agency profile
Last updated
July 15
First listed
Jul 15
Listing reference
1082533
Listing status
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