Mar y Sol Properties

285 Monroe Avenue 1,2,3,4, Cape Canaveral, FL 32920 (MLS# 1077517)


$1,599,000
285 Monroe Avenue 1,2,3,4
Cape Canaveral, FL 32920
MLS# 1077517
8 beds  |  1 baths


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Property 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!!

Details
Maps
Documents
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

Listing Office: Coldwell Banker Realty

Last Updated: May - 16 - 2026

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