214 Madison Avenue 1-4, Cape Canaveral, Fl 32920, FL214 Madison Avenue 1-4, Cape Canaveral, Fl 32920, FL214 Madison Avenue 1-4, Cape Canaveral, Fl 32920, FL
Stellar MLS
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$995,000

214 Madison Avenue 1-4, Cape Canaveral, Fl 32920

Cape Canaveral, FL 32920

Listing updated: July 14, 2026 at 6:14 PM ET

Active
Listing courtesy of Itg Realty · Jared Doyle · MLS #1082533 · Active · 321-622-2701
8
Beds
4
Baths
3,582
Sq Ft
0.3
Acres
1974
Built
$278/sqft
Quadruplex

Property type

1974

Year built

13,068 sqft

Lot size

$278

Price / sq ft

No HOA

HOA dues

About this home

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.

Estimated monthly payment

Principal & interest$5,031
Property taxes$912
Home insurance (est.)$456

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 history

  1. Status: Active
    Jul 14, 2026
  2. Listed$995,000
    Jul 14, 2026
  3. Price increased$995,000

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Subdivision
Avon By The Sea
County
Brevard
Year built
1974
Living area
3,582 sq ft
Price/sq ft
$278
Building area
0 sq ft
Lot size
13,068 sq ft
Parcel #
24-37-23-Cg-00014.0-0012.00
MLS #
1082533

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Interior Details

Bedrooms
8
Full bathrooms
4

Parking

Garage spaces
0

Listing Details

Listing date
2026-07-10
On market date
2026-07-14
Original list price
$995,000
Status changed
2026-07-14

Location

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MLS GRID

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 July 14, 2026 at 6:14 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

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. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA