$795,000
Cape Canaveral, FL 32920
MLS# 886189
Status: Closed
4560 sqft
1 / 41
Property Description
If you're looking for your next remodeled investment to start collecting passive income, here it is! This quadplex boasts (4) 2 bedroom/1 bathroom units with separate entrances and their own single car garage. 3 units currently have long term tenants currently renting and the 4th is being utilized as a vacation rental however could be switched back to long term if desired. All of the units have been remodeled, metal roof and have a washer/dryer for each. The property sits on a corner lot directly across the street from the park (consisting of baseball/softball fields and basketball court), 3 blocks from the ocean and less than 5 minutes to the Port.
Details
Maps
Location, Tax, and Legal
Unit Number: 101, 102, 103
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: 4374.59
Tax Year: 2019
Tax Legal Description: AVON BY THE SEA LOTS 7 & 8 BLK 26
Directions: From N. Atlantic Blvd. turn east on Jackson Ave., turn left (north) on Orange Ave. and the quadplex sits on the corner of Orange and Monroe.
General Property Information
Number Of Units Total: 4
Living Area: 3584
Living Area Source: Public Records
Building Area Total: 4560
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
Garage YN: No
Property Use: 0839
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Water Frontage Feet: 4
Use Code: 08 / THREE OR FOUR L
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 234.35
Sold Price/SqFt: 221.82
Year Built: 1965
Remarks and Miscellaneous
Public Remarks: If you're looking for your next remodeled investment to start collecting passive income, here it is! This quadplex boasts (4) 2 bedroom/1 bathroom units with separate entrances and their own single car garage. 3 units currently have long term tenants currently renting and the 4th is being utilized as a vacation rental however could be switched back to long term if desired. All of the units have been remodeled, metal roof and have a washer/dryer for each. The property sits on a corner lot directly across the street from the park (consisting of baseball/softball fields and basketball court), 3 blocks from the ocean and less than 5 minutes to the Port.
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: 38 Suntree Pl. Suite 2, Melbourne, FL 32940
Closing Company Address: Supreme Title - April Dodd
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Carpet: 1
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Lot Features
Corner Lot: 1
Parking Features
Detached: 1
Garage Door Opener: 1
RV Access/Parking: 1
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Scheduled Income: 70800
Net Operating Income: 57594
Operating Expense: 13206
Owner Pays
Grounds Care: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Metal: 1
Special Listing Conditions
Standard: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Historical Information
Public Historical Remarks 3: Source-Other: Y, Parking-> 1 Space Per Unit: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $795,000
Original List Price: 839900
Sold Price: $795,000
Status: Closed
Listing Contract Date: 2020-09-25
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 285 & 289
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: 2021-05-18T22:42:26Z
Major Change Type: Status Change
Status Change Timestamp: 2021-05-18
Purchase Contract Date: 2021-04-28
Close Date: 2021-05-18
Close Price: 795000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Construction Materials: Block; Concrete; Frame; Stucco; Wood Siding
Cooling: Central Air; Electric
Financial Data Source: Owner
Flooring: Carpet; Tile
Laundry Features: Electric Dryer Hookup
Levels: One; Two
Listing Terms: Cash; Conventional; FHA
Lot Features: Corner Lot
Owner Pays: Grounds Care; Insurance; Pest Control; Sewer; Taxes; Trash Collection; Water
Parking Features: Detached; Garage Door Opener; RV Access/Parking; Other
Pool Features: None
Possession: Close Of Escrow
Roof: Metal
Special Listing Conditions: Standard
Utilities: Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Available
Water Source: Public
Showing Requirements: Appointment Only
Listing Office: ITG Realty
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.