108 Madison Avenue, Cape Canaveral, FL 32920
$375,000
Property Type:
Residential Income
Square Footage:
3,000
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$375,000
List Date:
12/28/2017
Last Modified:
5/10/2026
Overview
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.
Listing Details MLS# 801158
General Property Information
- Number Of Units Total
- 4
- Living Area
- 3000
- Living Area Source
- Public Records
- Building Area Total
- 3000
- Year Built
- 1957
- Garage YN
- No
- Carport YN
- No
- Open Parking Spaces
- 8
- Parking Total
- 8
- Lot Size Acres
- 0.29
- Lot Size Square Feet
- 12632
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 143
- Sold Price/SqFt
- 125
- Garage Spaces
- 0
- Carport Spaces
- 0
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
Contract Information
- Original List Price
- 429000
- 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
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.
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
More Information
Closing Company Details
- Closing Company Name
- Superior Title Insurance Agency
- Closing Company Address
- 1980 N Atlantic Ave # 801, Cocoa Beach, FL 32931
Income and Expenses
- Gross Scheduled Income
- 39000
- Net Operating Income
- 24136
- Operating Expense
- 14864
- Gross Income
- 0
Historical Information
- Public Historical Remarks 3
- Equipment/Appliances-Range: Y, Number of Buildings: 2 Buildings
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
Appliances
- Other
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Flooring
- Tile
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Pool Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
Owner Pays
- Grounds Care
- Yes
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Roof
- Shingle
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Office
- Yes
Showing Considerations
- Occupied
- Yes
Listing Office:
Kovac Real Estate
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.