116 & 118 Lincoln Avenue, Cape Canaveral, FL 32920 (MLS# 1072408)

116 & 118 Lincoln Avenue, Cape Canaveral, FL 32920

$595,000
Property Type: Residential Income Bedrooms: 6 Baths: 2 Square Footage: 1,600 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $595,000 List Date: 3/19/2026 Last Modified: 4/25/2026

Description

Rare investment opportunity in the heart of Cape Canaveral! This fully remodeled duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, making it ideal for investors or multi-family living. The property is commercially zoned, allowing daily rentals and providing excellent income potential for vacation or short-term rentals. Located just a few blocks from the beach and minutes from Port Canaveral, cruise terminals, and local restaurants and entertainment. It sits in a high-demand area for tourists and cruise travelers. Each unit includes a large fenced backyard, perfect for outdoor space and privacy. The duplex has been completely remodeled and, importantly, has no cast iron pipes underneath, reducing future maintenance concerns. Whether you're looking for a strong income property, an Airbnb opportunity, or a place to live on one side while renting the other, this prime coastal duplex offers great potential in one of the Space Coast's most desirable locations.

Open Houses

Saturday, April 25, 11:00 am - 2:00 pm

More Information MLS# 1072408

Contract Information

Start Showing Date: 2026-03-19 Current Price: $595,000 Original List Price: 595000 List Price: $595,000 Status: Active Listing Contract Date: 2026-03-14 Property Sub Type: Duplex

Location, Tax, and Legal

Tax Account: 2434692 Parcel Number: 24-37-23-Cg-00065.0-0015.00 General County Location: Central Elementary School: Cape View Middle School: Cocoa Beach High School: Cocoa Beach Tax Annual Amount: 4625.9 Tax Year: 2023 Tax Legal Description: AVON BY THE SEA LOT 15 BLK 65 Zoning Description: Residential Directions: Turn onto N Atlantic Ave/FL-A1A, and Turn right onto Lincoln Ave

General Property Information

Number Of Buildings: 1 Number Of Units Total: 2 Stories Total: 1 Bathrooms Half: 0 Living Area: 1600 Living Area Source: Owner Lot Size Acres: 0.14 Lot Size Square Feet: 6098 Accessibility Features YN: No Association YN: No New Construction YN: No Garage YN: No Carport YN: No Waterfront YN: No Open Parking Spaces: 4 Furnished: Unfurnished Pool Private YN: No List Price/SqFt: 371.88 Bedrooms Total: 6 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1957

Remarks and Miscellaneous

Public Remarks: Rare investment opportunity in the heart of Cape Canaveral! This fully remodeled duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, making it ideal for investors or multi-family living. The property is commercially zoned, allowing daily rentals and providing excellent income potential for vacation or short-term rentals. Located just a few blocks from the beach and minutes from Port Canaveral, cruise terminals, and local restaurants and entertainment. It sits in a high-demand area for tourists and cruise travelers. Each unit includes a large fenced backyard, perfect for outdoor space and privacy. The duplex has been completely remodeled and, importantly, has no cast iron pipes underneath, reducing future maintenance concerns. Whether you're looking for a strong income property, an Airbnb opportunity, or a place to live on one side while renting the other, this prime coastal duplex offers great potential in one of the Space Coast's most desirable locations.

Appliances

Gas Range: 1 Gas Water Heater: 1 Microwave: 1 Refrigerator: 1

Construction Materials

Block: 1

Cooling

Central Air: 1

Current Use

Commercial: 1

DPR Eligible

DPR Eligible: Yes

Heating

Central: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Income Includes

Laundry: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Standard: 1

Unit 1 Details

Unit ID: 116 Actual Rent: 0 Unit SqFt: 800 Beds Total: 3 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: vacant

Unit 2 Details

Unit ID: 118 Actual Rent: 0 Unit SqFt: 800 Beds Total: 3 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: vacant

Utilities

Electricity Available: 1 Natural Gas Available: 1 Water Connected: 1

Water Source

Public: 1

Location Tax and Legal

Street Number: 116 & 118 Street Name: Lincoln Street Suffix: Avenue County: Brevard State: FL Postal Code: 32920 MLS Area Major: 271 - Cape Canaveral

Status Change Information

Major Change Timestamp: 2026-03-19T20:43:28Z Major Change Type: New Listing Status Change Timestamp: 2026-03-19

Property Features

Appliances: Gas Range; Gas Water Heater; Microwave; Refrigerator Construction Materials: Block Cooling: Central Air Current Use: Commercial Heating: Central Income Includes: Laundry Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional; FHA; VA Loan Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Available; Natural Gas Available; Water Connected Water Source: Public
Listing Office: Coldwell Banker Realty
Last Updated: April - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.

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