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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Zillow last checked:
Listing updated:
Listed by:
Jared Doyle321-917-1808,
ITG Realty
Source: Space Coast AOR,MLS#: 1082533
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry: Multiple Locations
Features
Flooring: Carpet, Laminate, Tile, Vinyl
Has fireplace: No
Interior area
Total interior livable area: 3,582 sqft
Property
Parking
Total spaces: 10
Features
Stories: 1
Exterior features: Courtyard
Fencing: Wood
Lot
Size: 0.3 Acres
Details
Additional parcels included: 2433520
Parcel number: 243723Cg00014.00012.00
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Frame, Wood Siding
Roof: Shingle
Condition
New construction: No
Year built: 1974
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Community & HOA
Community
Security: Security Lights, Smoke Detector(s)
Subdivision: Avon By The Sea
HOA
Has HOA: No
Location
Region: Cape Canaveral
Financial & listing details
Price per square foot: $278/sqft
Annual tax amount: $7,633
Date on market: 7/14/2026
Listing terms: Cash,Conventional,FHA,Other
Tenant pays: Cable TV, Electricity, Telephone, Water