303 Lincoln Avenue, Cape Canaveral, FL 32920
$545,000
Property Type:
Residential Income
Square Footage:
3,320
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$545,000
List Date:
3/20/2018
Last Modified:
5/10/2026
Overview
Description
Two Blocks from the Beach! This four unit property is comprised of two duplexes with covered parking and tropical landscaping. This income producing investment property is poised to take full advantage of it's proximity to the beach, the growth of tourism in the area, and the expansion of the local aerospace industry. All of those factors will continue to improve upon the current gross annual income of $52,500. Also available is the opportunity to live in one unit while collect income on the other three. Get paid to live in paradise. Come feel the ocean breeze in the air and see this opportunity for yourself.
Listing Details MLS# 805775
General Property Information
- Number Of Units Total
- 4
- Living Area
- 3136
- Living Area Source
- Public Records
- Building Area Total
- 3320
- Year Built
- 1958
- Garage YN
- No
- Carport YN
- Yes
- Carport Spaces
- 2
- Open Parking Spaces
- 6
- Parking Total
- 8
- Lot Size Acres
- 0.29
- Lot Size Square Feet
- 12632
- Association YN
- No
- Use Code
- 0839
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 178.57
- Sold Price/SqFt
- 173.79
- Garage Spaces
- 0
Property Features
Appliances:
Electric Range; Refrigerator
Construction Materials:
Block; Concrete; Stucco
Flooring:
Laminate
Levels:
One
Listing Terms:
Cash; Conventional; FHA; VA Loan
Owner Pays:
Insurance; Taxes
Parking Features:
Carport
Pool Features:
None
Roof:
Shingle
Special Listing Conditions:
Standard
Utilities:
Cable Available; Sewer Connected; Water Available
Water Source:
Public
Showing Requirements:
Appointment Only
Contract Information
- Original List Price
- 579000
- Listing Contract Date
- 2018-02-19
- Property Sub Type
- Quadruplex
Location Tax and Legal
- Street Number
- 303
- Street Name
- Lincoln
- 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
- Two Blocks from the Beach! This four unit property is comprised of two duplexes with covered parking and tropical landscaping. This income producing investment property is poised to take full advantage of it's proximity to the beach, the growth of tourism in the area, and the expansion of the local aerospace industry. All of those factors will continue to improve upon the current gross annual income of $52,500. Also available is the opportunity to live in one unit while collect income on the other three. Get paid to live in paradise. Come feel the ocean breeze in the air and see this opportunity for yourself.
Status Change Information
- Major Change Timestamp
- 2023-11-11T03:44:50Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2018-03-29T23:48:07Z
- Status Change Timestamp
- 2018-06-05
- Purchase Contract Date
- 2018-04-12
- Close Date
- 2018-06-05
- Close Price
- 545000
More Information
Closing Company Details
- Closing Company Name
- Bella Title (321)610-7806
- Closing Company Address
- 7025 N Wickham Rd #112, Melbourne, FL 32940
Income and Expenses
- Gross Scheduled Income
- 52500
- Net Operating Income
- 42185
- Operating Expense
- 10315
- Gross Income
- 0
Historical Information
- Public Historical Remarks 3
- Parking-< 1 Space Per Unit: Y, Number of Buildings: 2 Buildings
Location, Tax, and Legal
- Tax Account
- 2434792
- General County Location
- Central
- Elementary School
- Cape View
- Middle School
- Cocoa Beach
- High School
- Cocoa Beach
- Tax Legal Description
- Avon By The Sea Lots 1,2 Blk 71
- Directions
- N Atlantic to east on Lincoln. Property is on the corner of Lincoln and Orange
Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Stucco
- Yes
Flooring
- Laminate
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Parking Features
- Carport
- Yes
Pool Features
- None
- Yes
Owner Pays
- Insurance
- Yes
- Taxes
- 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
Listing Office:
Dale Sorensen Real Estate Inc.
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.