205 Monroe Avenue, Cape Canaveral, FL 32920 (MLS# 910961)

205 Monroe Avenue, Cape Canaveral, FL 32920

$845,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/910961

Property Type: Residential Income Square Footage: 5,248 Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $845,000 List Date: 7/30/2021 Last Modified: 5/10/2026

Overview

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.

Listing Details MLS# 910961

General Property Information

Number Of Units Total: 4
Living Area: 3688
Living Area Source: Public Records
Building Area Total: 5248
Year Built: 1994
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
Property Use: Quad
Use Code: 08 / THREE OR FOUR L
Water Body Access YN: No
Waterfront YN: No
Water Frontage Feet: 4
Pool Private YN: No
List Price/SqFt: 227.74
Sold Price/SqFt: 229.12
Carport Spaces: 0

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

Contract Information

Original List Price: 839900
Listing Contract Date: 2021-07-20
Start Showing Date: 2021-07-30
Property Sub Type: Quadruplex

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

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.

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

More Information

Closing Company Details

Closing Company Name: Supreme Title - April Dodd
Closing Company Address: 38 Suntree Blvd. Suite 2, Melbourne, FL 32940

Income and Expenses

Gross Scheduled Income: 68700
Net Operating Income: 54328
Operating Expense: 14371

Historical Information

Public Historical Remarks 3: Roof-Rolled Comp: Y, Number of Buildings: 2 Buildings

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.

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes
Stucco: Yes
Vinyl Siding: Yes
Wood Siding: Yes

Cooling

Central Air: Yes
Electric: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes
Vinyl: Yes

Laundry Features

Electric Dryer Hookup: Yes

Levels

One: Yes
Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Parking Features

Assigned: Yes
Attached: Yes
Garage Door Opener: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Owner Pays

Grounds Care: Yes
Insurance: Yes
Pest Control: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Roof

Shingle: Yes

Special Listing Conditions

Standard: Yes

Utilities

Separate Electric Meters: Yes
Sewer Connected: Yes
Water Available: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes

Showing Considerations

Occupied: Yes

Listing Office: ITG Realty

Last Updated: May - 10 - 2026

Information is deemed to be reliable, but is not guaranteed.

205 Monroe Avenue, Cape Canaveral, FL 32920 (MLS# 910961)