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285 Monroe Ave 3,584 SF Specialty Building Offered at $2,200,352 CAD in Cape Canaveral, FL 32920
Investment Highlights
- Located on a corner lot in the heart of Cape Canaveral next to the new Community Center and just a 5-minute walk to the beach
- Continue operating as a vacation rental business or convert to long-term rentals if desired.
- Includes 2 buildings, 3 garages, ample parking, community laundry, ADT security system, and separate electric/water meters.
Executive Summary
RARE TURNKEY INVESTMENT just steps from the beach! This fully furnished Cape Canaveral quadplex features 4 updated 2 bed units, including three 1 bath units and one with 1.5 baths, already operating as successful short-term vacation rentals. With strong gross income performance and a setup built for continued rental success, this is the kind of coastal income property investors look for and rarely find. Guests love the above-ground pool, charming outdoor entertainment space, beautiful landscaping, and walkable beach lifestyle.
Property Facts
| Price | $2,200,352 CAD | Building Class | B |
| Price Per SF | $613.94 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 3,584 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1965 |
| Zoning | R2 - Residential - 2 | ||
| Price | $2,200,352 CAD |
| Price Per SF | $613.94 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 3,584 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | R2 - Residential - 2 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
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