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8 Beds
1 Bath
3,584 sqft

$1,599,000

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

Price per sqft$446.15
Built in1965
Property size3,584 sqft
Property typeMulti-family

Overview

Pending

Listed May 16, 2026

Updated Jul 25

OWNER FINANCING AVAILABLE. 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!

$10,638/mo

Est. mortgage payment based on a $1,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1077517

Interior Features

Bedrooms
8
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$11,992
Tax Frequency
Annually
Garage
Yes
Furnished
Yes

Courtesy of Coldwell Banker Realty, Nick F Farinella Jr.,
Listing Contact: 321-259-5280 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Megan Ross shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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