285 & 289 Monroe Avenue 101, 102, 103, Cape Canaveral, FL 32920
$795,000
Property Type:
Residential Income
Square Footage:
4,560
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$795,000
List Date:
9/25/2020
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 (4) 2 bedroom/1 bathroom units with separate entrances and their own single car garage. 3 units currently have long term tenants currently renting and the 4th is being utilized as a vacation rental however could be switched back to long term if desired. All of the units have been remodeled, metal roof and have a washer/dryer for each. The property sits on a corner lot directly across the street 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# 886189
General Property Information
- Number Of Units Total
- 4
- Living Area
- 3584
- Living Area Source
- Public Records
- Building Area Total
- 4560
- Year Built
- 1965
- Garage YN
- No
- Carport YN
- No
- Lot Size Acres
- 0.29
- Lot Size Square Feet
- 12632
- Association YN
- No
- Property Use
- 0839
- 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
- 234.35
- Sold Price/SqFt
- 221.82
- Garage Spaces
- 0
- Carport Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Construction Materials:
Block; Concrete; Frame; Stucco; Wood Siding
Cooling:
Central Air; Electric
Financial Data Source:
Owner
Flooring:
Carpet; Tile
Laundry Features:
Electric Dryer Hookup
Levels:
One; Two
Listing Terms:
Cash; Conventional; FHA
Lot Features:
Corner Lot
Owner Pays:
Grounds Care; Insurance; Pest Control; Sewer; Taxes; Trash Collection; Water
Parking Features:
Detached; Garage Door Opener; RV Access/Parking; Other
Pool Features:
None
Possession:
Close Of Escrow
Roof:
Metal
Special Listing Conditions:
Standard
Utilities:
Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Available
Water Source:
Public
Showing Requirements:
Appointment Only
Contract Information
- Original List Price
- 839900
- Listing Contract Date
- 2020-09-25
- Property Sub Type
- Quadruplex
Location Tax and Legal
- Street Number
- 285 & 289
- 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 (4) 2 bedroom/1 bathroom units with separate entrances and their own single car garage. 3 units currently have long term tenants currently renting and the 4th is being utilized as a vacation rental however could be switched back to long term if desired. All of the units have been remodeled, metal roof and have a washer/dryer for each. The property sits on a corner lot directly across the street 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
- 2021-05-18T22:42:26Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-05-18
- Purchase Contract Date
- 2021-04-28
- Close Date
- 2021-05-18
- Close Price
- 795000
More Information
Closing Company Details
- Closing Company Name
- 38 Suntree Pl. Suite 2, Melbourne, FL 32940
- Closing Company Address
- Supreme Title - April Dodd
Income and Expenses
- Gross Scheduled Income
- 70800
- Net Operating Income
- 57594
- Operating Expense
- 13206
Historical Information
- Public Historical Remarks 3
- Source-Other: Y, Parking-> 1 Space Per Unit: Y, Number of Buildings: 2 Buildings
Location, Tax, and Legal
- Unit Number
- 101, 102, 103
- Tax Account
- 2433747
- Parcel Number
- 24-37-23-Cg-00026.0-0007.00
- General County Location
- Central
- Elementary School
- Cape View
- Middle School
- Cocoa Beach
- High School
- Cocoa Beach
- Tax Annual Amount
- 4374.59
- Tax Year
- 2019
- Tax Legal Description
- AVON BY THE SEA LOTS 7 & 8 BLK 26
- Directions
- From N. Atlantic Blvd. turn east on Jackson Ave., turn left (north) on Orange Ave. and the quadplex sits on the corner of Orange and Monroe.
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Electric Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Frame
- Yes
- Stucco
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
Levels
- One
- Yes
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- Detached
- Yes
- Garage Door Opener
- Yes
- RV Access/Parking
- Yes
- Other
- Yes
Pool Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
Financial Data Source
- Owner
- Yes
Owner Pays
- Grounds Care
- Yes
- Insurance
- Yes
- Pest Control
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Roof
- Metal
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Separate Electric Meters
- Yes
- Separate Water Meters
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
Listing Office:
ITG Realty
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.