$375,000
Cape Canaveral, FL 32920
MLS# 801158
Status: Closed
3000 sqft
1 / 10
Property Description
Fully leased 4-unit property great investment opportunity for $107,250 per unit. All units are leased with annual long term tenants. Parking in rear of property can accommodate 2 cars per unit with room to spare. Each unit has rear patio are with washing machine hook-ups. Property has 2 water meters, one for each building. New A/C system in unit 112-4 in July 2016. All units have central air. Roofs replaced in 2005.
Details
Maps
Location, Tax, and Legal
Tax Account: 2433506
Parcel Number: 24-37-23-Cg-00013.0-0011.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 4064
Tax Year: 2017
Tax Legal Description: AVON BY THE SEA LOTS 11,12 BLK 13
Directions: Google maps
General Property Information
Number Of Units Total: 4
Living Area: 3000
Living Area Source: Public Records
Building Area Total: 3000
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 8
Parking Total: 8
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 143
Sold Price/SqFt: 125
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: Fully leased 4-unit property great investment opportunity for $107,250 per unit. All units are leased with annual long term tenants. Parking in rear of property can accommodate 2 cars per unit with room to spare. Each unit has rear patio are with washing machine hook-ups. Property has 2 water meters, one for each building. New A/C system in unit 112-4 in July 2016. All units have central air. Roofs replaced in 2005.
Appliances
Other: 1
Closing Company Details
Closing Company Name: Superior Title Insurance Agency
Closing Company Address: 1980 N Atlantic Ave # 801, Cocoa Beach, FL 32931
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Flooring
Tile: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 39000
Net Operating Income: 24136
Operating Expense: 14864
Owner Pays
Grounds Care: 1
Insurance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Equipment/Appliances-Range: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $375,000
Original List Price: 429000
Sold Price: $375,000
Status: Closed
Listing Contract Date: 2017-12-28
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 108
Street Name: Madison
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: 2018-08-17T15:45:46Z
Major Change Type: Status Change
Status Change Timestamp: 2018-08-17
Purchase Contract Date: 2018-06-19
Close Date: 2018-08-17
Close Price: 375000
Property Features
Appliances: Other
Construction Materials: Block; Concrete
Cooling: Central Air
Flooring: Tile
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Other
Owner Pays: Grounds Care; Insurance; Sewer; Taxes; Trash Collection; Water
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Kovac Real Estate
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.