ActiveUpdated Jul 16, 2026, 4:53 PM

214 Madison Avenue 1-4

Cape Canaveral, FL, 32920

$995,000

8 bd 4 ba 3,582 sqft

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About this home

Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated

Features

Courtyard

The details

Type
MultiFamily
Year built
1974
Living area
3,582 sqft
Lot size
0.3 acres
Subdivision
Avon By The Sea
County
Brevard
Schools
Cape View · Cocoa Beach · Cocoa Beach
MLS #
1082533

Listing courtesy of Jared Doyle, ITG Realty.

Listing information provided by the Space Coast Association of REALTORS® IDX program (source: Space Coast MLS (Space Coast Association of REALTORS®)). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Last updated Jul 16, 2026, 4:53 PM.

More multi-family in Cape Canaveral

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Listing information provided by the Space Coast Association of REALTORS® IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.