221 Madison AVE new Save Request In-Person Tour Request Virtual Tour
Cape Canaveral,FL 32920
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,080 sqft
Price per Sqft $275
Subdivision Avon By The Sea
MLS Listing ID 1043737
Bedrooms 12
Full Baths 6
HOA Y/N No
Total Fin. Sqft 5080
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1964
Annual Tax Amount $9,509
Tax Year 2024
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Multi Family
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!
Location
State FL
County Brevard
Area 271 - Cape Canaveral
Direction A1A North from Cocoa Beach turn right onto Madison, complex on the right
Interior
Heating Other,Individual
Cooling Wall/Window Unit(s)
Flooring Tile
Furnishings Unfurnished
Appliance Dishwasher,Disposal,Electric Range,Microwave,Refrigerator
Laundry Common Area
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking,Assigned,Carport,Varies by Unit
Carport Spaces 4
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected,Separate Electric Meters
Roof Type Shingle
Present Use Investment,Multi-Family
Street Surface Asphalt
Road Frontage City Street
Garage No
Private Pool No
Building
Faces North
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Cape View
High Schools Cocoa Beach
Others
Senior Community No
Tax ID 24-37-23-Cg-00020.0-0006.00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1043737