$845,000
Cape Canaveral, FL 32920
MLS# 910961
Status: Closed
5248 sqft
1 / 33
Property Description
If you're looking for your next remodeled investment to start collecting passive income, here it is! This quadplex boasts (2) 2 bedroom/1.5 bathroom units & (2) 2 bedroom/1 bathroom units ALL with 2-car garages. All 4 units are currently being rented to long term tenants however could be switched to short term rentals to maximize your ROI. All of the units have been remodeled to an extent and have a washer/dryer for each. The property sits on a corner lot directly across the street from the Fire Station, 1 block 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
Contract Information
Start Showing Date: 2021-07-30
Current Price: $845,000
Original List Price: 839900
Sold Price: $845,000
Status: Closed
Listing Contract Date: 2021-07-20
Property Sub Type: Quadruplex
Location, Tax, and Legal
Tax Account: 2433741
Parcel Number: 24-37-23-Cg-00026.0-0001.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 5226.85
Tax Year: 2020
Tax Legal Description: AVON BY THE SEA LOTS 1 & 2 BLK 26
Directions: From N. Atlantic Blvd. turn east on Jackson Ave., turn left (north) on Poinsetta Ave. and the quadplex sits on the corner of Poinsetta and Monroe.
General Property Information
Number Of Units Total: 4
Living Area: 3688
Living Area Source: Public Records
Building Area Total: 5248
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
Garage YN: Yes
Property Use: Quad
Garage Spaces: 2
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: 227.74
Sold Price/SqFt: 229.12
Year Built: 1994
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 (2) 2 bedroom/1.5 bathroom units & (2) 2 bedroom/1 bathroom units ALL with 2-car garages. All 4 units are currently being rented to long term tenants however could be switched to short term rentals to maximize your ROI. All of the units have been remodeled to an extent and have a washer/dryer for each. The property sits on a corner lot directly across the street from the Fire Station, 1 block 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
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Supreme Title - April Dodd
Closing Company Address: 38 Suntree Blvd. Suite 2, Melbourne, FL 32940
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Vinyl Siding: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Parking Features
Assigned: 1
Attached: 1
Garage Door Opener: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 68700
Net Operating Income: 54328
Operating Expense: 14371
Owner Pays
Grounds Care: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Taxes: 1
Water: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Separate Electric Meters: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Roof-Rolled Comp: Y, Number of Buildings: 2 Buildings
Location Tax and Legal
Street Number: 205
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: 2021-10-19T21:53:00Z
Major Change Type: Status Change
Status Change Timestamp: 2021-10-19
Purchase Contract Date: 2021-07-30
Close Date: 2021-10-19
Close Price: 845000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Frame; Stucco; Vinyl Siding; Wood Siding
Cooling: Central Air; Electric
Flooring: Carpet; Laminate; Tile; Vinyl
Laundry Features: Electric Dryer Hookup
Levels: One; Two
Listing Terms: Cash; Conventional; FHA; VA Loan
Owner Pays: Grounds Care; Insurance; Pest Control; Sewer; Taxes; Water
Parking Features: Assigned; Attached; Garage Door Opener
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Separate Electric Meters; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only
Listing Office: ITG Realty
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.