424 Jefferson Avenue, Cape Canaveral, FL 32920

$1,335,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1060245

Property Type: Residential Income Bedrooms: 7 Baths: 8 Square Footage: 4,540 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $1,335,000 List Date: 10/22/2025 Last Modified: 4/22/2026

Overview

Description

Just a block from the ocean, this triplex presents a rare opportunity in one of Cape Canaveral's most desirable coastal neighborhoods. With over 4,500 square feet of interior living space on a double lot, this property combines strong rental income with endless flexibility. Each unit is fully furnished and features an updated kitchen with granite counters, stainless steel appliances, and open layouts designed for easy beachside living. The outdoor spaces transform this property into a true retreat complete with a heated pool, hot tubs, firepit, outdoor bar, and multiple lounging areas surrounded by tropical landscaping. Whether operated as a high-performing short-term rental portfolio, a live-and-earn opportunity, or converted into a private resort-style residence, this investment offers location, scale, and proven returns.

Listing Details MLS# 1060245

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 3
Bedrooms Total: 7
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 2
Living Area: 4540
Living Area Source: Public Records
New Construction YN: No
Year Built: 1980
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Open Parking Spaces: 5
Parking Total: 7
Lot Size Acres: 0.28
Lot Size Square Feet: 12197
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories Total: 2
Direction Faces: South
Pool Private YN: Yes
Senior Community YN: No
List Price/SqFt: 330.18
Sold Price/SqFt: 294.05

Property Features

Appliances: Dishwasher; Dryer; Electric Oven; Refrigerator; Washer Construction Materials: Concrete; Stucco Cooling: Central Air; Electric Current Use: Investment; Multi-Family; Recreational; Residential; Single Family; Other Exterior Features: Fire Pit Fencing: Back Yard; Full Financial Data Source: Owner Flooring: Tile Heating: Central; Electric Income Includes: Rent Only Laundry Features: Common Area Listing Terms: Cash; Conventional Other Structures: Other Owner Pays: Cable TV; Electricity; Exterior Maintenance; HVAC Maintenance; Insurance; Janitorial Service; Pest Control; Pool Maintenance; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: Additional Parking; Attached; Garage; Guest; On Street; Shared Driveway Pool Features: In Ground Possession: Negotiable Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Sewer Connected View: Pool Water Source: Public Showing Requirements: Showing Service

Contract Information

Original List Price: 1499000
Listing Contract Date: 2025-10-21
Property Sub Type: Triplex
Comp Sale YN: No

Location Tax and Legal

Street Number: 424
Street Name: Jefferson
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Subdivision Name: Avon By The Sea

Remarks and Miscellaneous

Public Remarks: Just a block from the ocean, this triplex presents a rare opportunity in one of Cape Canaveral's most desirable coastal neighborhoods. With over 4,500 square feet of interior living space on a double lot, this property combines strong rental income with endless flexibility. Each unit is fully furnished and features an updated kitchen with granite counters, stainless steel appliances, and open layouts designed for easy beachside living. The outdoor spaces transform this property into a true retreat complete with a heated pool, hot tubs, firepit, outdoor bar, and multiple lounging areas surrounded by tropical landscaping. Whether operated as a high-performing short-term rental portfolio, a live-and-earn opportunity, or converted into a private resort-style residence, this investment offers location, scale, and proven returns.

Status Change Information

Major Change Timestamp: 2026-01-07T17:43:15Z
Major Change Type: Status Change
Status Change Timestamp: 2026-01-07
Purchase Contract Date: 2025-11-20
Close Date: 2026-01-05
Close Price: 1335000

More Information

DPR Eligible

DPR Eligible: No

Income and Expenses

Gross Income: 280000

Unit 1 Details

Unit ID: 422
Actual Rent: 5625
Unit SqFt: 1000
Full Baths Total: 2
Furnished: Furnished
Unit Remarks: Turn-key, full kitchen

Unit 2 Details

Unit ID: 424
Actual Rent: 5625
Unit SqFt: 1000
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Turn-key, full kitchen

Unit 3 Details

Unit ID: 426
Actual Rent: 11250
Unit SqFt: 1800
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Turn-key, full kitchen

Non Member Info

Non-Member Brokerage: No Selling Brokerage
Non-Member Name: No Selling Member

Listing Office: Platinum Real Estate

Last Updated: April - 22 - 2026

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