$2,200,000
404 Harrison Avenue
Cape Canaveral, FL 32920
Listing updated: April 30, 2026 at 12:10 PM ET
Listing courtesy of Florida Realty Investments · Tito Urbano Perez · MLS #TB8347938 · Active · 407-207-2220Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Harrison Apartments is a well-located 12-unit multifamily property in Cape Canaveral located just two blocks from the ocean. Each unit features a spacious 2-bedroom, 1-bath layout with central air conditioning, ensuring tenant comfort year-round. The property is adjacent to Sandpiper Park, offering green space and recreational amenities, and is conveniently close to Port Canaveral, making it an attractive option for both long-term renters and those working in the thriving cruise and tourism industry. With tenants covering their own electricity and the owner responsible only for water, Harrison Apartments offers a streamlined investment opportunity with predictable expenses. The property's prime coastal location and strong rental demand in the area contribute to long-term appreciation and stable occupancy. This multifamily investment presents a rare chance to own a well-maintained property in one of Florida’s most sought-after beachside communities.
Local Insight
At $2.2M for a 1964 multi-family property in a city where median condo sales sit around $300K and the median household income is $62K, you're betting heavily on either redevelopment potential or a niche investor play—the $270/sqft is reasonable for the Space Coast, but the older construction and tight 0.29-acre lot limit your upside unless you're planning significant repositioning. The 6-car garage is a genuine outlier for this market and suggests the property may have commercial or rental appeal, but you'll want to scrutinize the unit mix, rent rolls, and whether the aging infrastructure justifies the price relative to newer multi-family stock in nearby Cocoa Beach or Melbourne. The lack of HOA and X flood zone designation are real wins, but the older demographic and modest income profile here mean tenant quality and occupancy stability matter more than you might assume in a beachside location.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history446 days on market
- Status: ActiveMar 6, 2026
- Listed$2,200,000Feb 7, 2025
- Price increased$2,200,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 446
- Subdivision
- Avon By Sea
- County
- Brevard
- Year built
- 1964
- Living area
- 8,143 sq ft
- Price/sq ft
- $270
- Lot size
- 12,632 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Garage
- 6 spaces
- Annual taxes
- $19,816 (2024)
- Parcel #
- 24 3723-CG-34-12
- Zoning
- R2
- MLS #
- TB8347938
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Interior Details
- Bedrooms
- 2
- Interior features
- Ceiling Fans(s), Other
- Laundry
- Common Area
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 6
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Concrete
- Roof
- Membrane
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Water Connected
Listing Details
- Listing date
- 2025-02-07
- On market date
- 2025-02-07
- Original list price
- $2,200,000
- Occupant type
- Tenant
- MLS area
- 32920 - Cape Canaveral/Port Canaveral
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-06
- Tax legal description
- AVON BY THE SEA LOTS 12,13 BLK 34
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
South on Magnolia Ave then East onto Harrison Ave
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 30, 2026 at 12:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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