Ad #7622730
MLS #1082533
Rare Cape Canaveral Quadplex with Immediate Income & Value-Add
214 Madison Ave 1-4, Cape Canaveral, Florida, 32920
$995,000
8Beds
4Baths
3,582Sqft
0.300Acres
About this property
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 storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come.
Property Features
8 Beds
4 Baths
3,582 Sqft
Built in 1974
0.300 Acres
1 Story
Siding: Frame, Wood Siding
Shingle Roof
Electric (Heating), Central
$7,633 / yr property tax
Brevard County
Avon By The Sea Community
Additional Photos
Contact Information
Jared Doyle
ITG Realty LLC
321-917-1808
Location
Listing Agent: Jared Doyle 321-917-1808
Broker: ITG Realty LLC 321-622-2701 Listing Site
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: ITG Realty LLC 321-622-2701 Listing Site
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 20, 2026
Photo Gallery
$995,000
8
Beds
4
Baths
3,582
Sqft
214 Madison Ave 1-4, Cape Canaveral, Florida, 32920
By contacting this agent you agree to these Terms and Conditions.
MLS# 1082533
Rare Cape Canaveral Quadplex with Immediate Income & Value-Add
$995,000
214 Madison Ave 1-4, Cape Canaveral, Florida, 32920
8
Beds
4
Baths
3,582
Sqft
0.300
Acres
$995,000
214 Madison Ave 1-4, Cape Canaveral, Florida, 32920
8 Beds
4 Baths
3,582 Sqft
0.300 Acres
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 storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come.
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Property Details
HOME DETAILS
8 Beds
4 Baths
3,582 Sqft
Built in 1974
0.300 Acres
1 Story
EXTERIOR
Siding: Frame, Wood Siding
Shingle Roof
INTERIOR
Electric (Heating), Central
FINANCIAL & COMMUNITY
$7,633 / yr property tax
Brevard County
Avon By The Sea Community
See More Details
Location
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Ad Statistics
Ad Number
7622730
Viewed
11 times
Listing Status
Active
Added
Jul 14, 2026
Last Refresh
Jul 19, 2026 11:29:25 PM
Listing Information
Data Source
Space Coast Association of Realtors
Source Property ID
1082533
Listing Agent: Jared Doyle 321-917-1808
Broker: ITG Realty LLC 321-622-2701 Listing Site
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: ITG Realty LLC 321-622-2701 Listing Site
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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