285 Monroe Avenue 1,2,3,4, Cape Canaveral, FL 32920

New Listing

$1,599,000

Property Type: Residential Income Bedrooms: 8 Baths: 1 Square Footage: 3,584 Lot Size (sq. ft.): 12,632 Status: Active

Current Price: $1,599,000 List Date: 5/16/2026 Last Modified: 5/16/2026

Description

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. 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. Includes 2 buildings, 3 garages, ample parking, community laundry, ADT security system, and separate electric/water meters. Continue operating as a vacation rental business or convert to long-term rentals if desired. See attached income details for more information. Owner financing available! Rare coastal asset with investor flexibility!!

More Information MLS# 1077517

Location, Tax, and Legal

Unit Number: 1,2,3,4 Tax Account: 2433747 Parcel Number: 24-37-23-Cg-00026.0-0007.00 General County Location: Central Elementary School: Cape View Middle School: Cocoa Beach High School: Cocoa Beach Tax Annual Amount: 11991.7 Tax Year: 2025 Tax Legal Description: AVON BY THE SEA LOTS 7 & 8 BLK 26 Directions: Heading north on A1A turn right onto Jackson Ave. then first left onto Poinsettia and then right onto Monroe.

General Property Information

Number Of Buildings: 2 Number Of Units Total: 4 Stories Total: 1 Bathrooms Half: 0 Living Area: 3584 Lot Size Acres: 0.29 Lot Size Square Feet: 12632 Association YN: No New Construction YN: No Garage YN: Yes Garage Spaces: 3 Carport YN: No Waterfront YN: No Parking Total: 5 Furnished: Furnished List Price/SqFt: 446.15 Bedrooms Total: 8 Bathrooms Total: 1 Bathrooms Full: 1 Year Built: 1965

Remarks and Miscellaneous

Public Remarks: 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. 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. Includes 2 buildings, 3 garages, ample parking, community laundry, ADT security system, and separate electric/water meters. Continue operating as a vacation rental business or convert to long-term rentals if desired. See attached income details for more information. Owner financing available! Rare coastal asset with investor flexibility!!

Appliances

Dishwasher: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1

Association Amenities

Pool: 1

Construction Materials

Block: 1 Concrete: 1 Stucco: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Central Air: 1 Electric: 1

Current Use

Commercial: 1 Investment: 1 Residential: 1

Flooring

Carpet: 1 Laminate: 1 Tile: 1

Heating

Electric: 1

Laundry Features

Common Area: 1 In Garage: 1

Levels

One: 1 Two: 1

Listing Terms

Assumable: 1 Cash: 1 Conventional: 1 FHA: 1 Owner May Carry: 1 Private Financing Available: 1 VA Loan: 1

Parking Features

Detached: 1

Possession

Close Of Escrow: 1

Financial Data Source

Owner: 1

Income and Expenses

Gross Income: 121818.35 Gross Scheduled Income: 121818.35

Road Surface Type

Paved: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Standard: 1

Unit 1 Details

Unit ID: 1 Actual Rent: 140 Unit SqFt: 896 Beds Total: 2 Full Baths Total: 1 Furnished: Furnished Unit Remarks: 90-140 a night

Unit 2 Details

Unit ID: 2 Actual Rent: 140 Unit SqFt: 896 Beds Total: 2 Furnished: Furnished Unit Remarks: 90-140 a night

Unit 3 Details

Unit ID: 3 Actual Rent: 140 Unit SqFt: 896 Beds Total: 2 Furnished: Furnished Unit Remarks: 90-140 a night

Unit 4 Details

Unit ID: 4 Actual Rent: 140 Unit SqFt: 896 Beds Total: 2 Furnished: Furnished Unit Remarks: 90-140 a night

Utilities

Cable Available: 1 Electricity Available: 1 Sewer Connected: 1 Water Available: 1

Water Source

Public: 1

Showing Requirements

Listing Agent Must Accompany: 1 Restricted Hours: 1 Other: 1

Contract Information

Current Price: $1,599,000 Original List Price: 1599000 List Price: $1,599,000 Status: Active Listing Contract Date: 2026-05-16 Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 285 Street Name: Monroe Street Suffix: Avenue County: Brevard State: FL Postal Code: 32920 MLS Area Major: 271 - Cape Canaveral Subdivision Name: Avon By The Sea

Status Change Information

Major Change Timestamp: 2026-05-16T12:46:00Z Major Change Type: New Listing Status Change Timestamp: 2026-05-16

Property Features

Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Association Amenities: Pool Construction Materials: Block; Concrete; Stucco; Vinyl Siding; Wood Siding Cooling: Central Air; Electric Current Use: Commercial; Investment; Residential Financial Data Source: Owner Flooring: Carpet; Laminate; Tile Heating: Electric Laundry Features: Common Area; In Garage Levels: One; Two Listing Terms: Assumable; Cash; Conventional; FHA; Owner May Carry; Private Financing Available; VA Loan Parking Features: Detached Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Sewer Connected; Water Available Water Source: Public Showing Requirements: Listing Agent Must Accompany; Restricted Hours; Other

Documents

income ›

income 2 ›

income 3 ›

Listing Office: Coldwell Banker Realty

Last Updated: May - 16 - 2026

Information is deemed to be reliable, but is not guaranteed.