520 Monroe Avenue, Cape Canaveral, FL 32920

$526,000
Property Type: Residential Income Square Footage: 5,016 Lot Size (sq. ft.): 18,731 Status: Closed
Current Price: $526,000 List Date: 11/04/2016 Last Modified: 5/10/2026

Overview

Description

6 One Bedroom one bath, 6 Eff, Total of 12 units. 9 rented. Open Parking, Community Laundry Area, Roof 2012, Large Storage areas. Corner lot, one block to the beach. ONLY 5 RENTED and below market.

Listing Details MLS# 768119

General Property Information

Number Of Units Total
12
Living Area
5016
Living Area Source
Public Records
Building Area Total
5016
Year Built
1963
Garage YN
No
Carport YN
No
Lot Size Acres
0.43
Lot Size Square Feet
18731
Lot Size Dimensions
113.0 ft x 125.0 ft
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
109.65
Sold Price/SqFt
104.86
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Flooring: Carpet; Terrazzo Levels: One Listing Terms: Cash Lot Features: Corner Lot Owner Pays: Sewer; Taxes; Water Pool Features: None Possession: Close Of Escrow; Subject To Tenant Rights Roof: Membrane Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Water Available Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only; No Sign

Contract Information

Original List Price
550000
Listing Contract Date
2016-11-04
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
520
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
6 One Bedroom one bath, 6 Eff, Total of 12 units. 9 rented. Open Parking, Community Laundry Area, Roof 2012, Large Storage areas. Corner lot, one block to the beach. ONLY 5 RENTED and below market.

Status Change Information

Major Change Timestamp
2016-11-05T02:44:25Z
Major Change Type
New Listing
Status Change Timestamp
2016-11-04
Purchase Contract Date
2016-11-04
Close Date
2016-11-04
Close Price
526000

More Information

Income and Expenses

Gross Scheduled Income
35400
Net Operating Income
30296
Operating Expense
5104.74
Gross Income
0

Historical Information

Public Historical Remarks 3
Contact: List Agent, Zoning: R2, Number of Buildings: 3 Buildings

Location, Tax, and Legal

Tax Account
2433722
Parcel Number
24-37-23-Cg-00023.0-0007.00
General County Location
Central
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach
Tax Annual Amount
4336.01
Tax Year
2015
Tax Legal Description
AVON BY THE SEA LOTS 7,8,9 BLK 23
Directions
Ridgwood to Monroe

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Carpet
Yes
Terrazzo
Yes

Levels

One
Yes

Listing Terms

Cash
Yes

Lot Features

Corner Lot
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Owner Pays

Sewer
Yes
Taxes
Yes
Water
Yes

Roof

Membrane
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
No Sign
Yes

Showing Considerations

Occupied
Yes
Listing Office: Brevard Premier Prop.& Inv.Inc
Last Updated: May - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.