620 Monroe Avenue, Cape Canaveral, FL 32920

$950,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,360 Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $950,000 List Date: 3/16/2023 Last Modified: 6/30/2026

Overview

Description

OCEANVIEW TRI-LEVEL MULTI-GENERATIONAL UNIT OR OFFSET MORTGAGE WITH INCOME...STEPS TO THE OCEAN!!! Will you walk to the beach to view rocket launches or simply watch them from the master bedroom or second floor balcony? This unique 1/2 duplex offers three levels and a garage, with ocean views from the 2nd and 3rd floors. It also boasts two units in one with no HOA. The door at the front leads directly to stairs to the top two floors with 2240 square feet of interior living space with full kitchen, living area, two bedrooms and a full bath on the second floor. Another set of stairs leads you to another living area with wet bar and an enormous master suite plus bath. The 880 SF bottom level features a garage at the front, & a private unit at the back with 2 bedrooms, living area, and a...

Supplements: kitchenette for the in-laws, guests, or income. Tile roof 2017, (3) new ACs in 2022, and decks on top two levels. Very unique!'||chr(10)||''||chr(10)||'Projected income potential for short-term rental is $145K-$250K annually boasting an impressive 15%+ CAP rate potential.

Listing Details MLS# 959847

General Property Information

Bedrooms Total
5
Bathrooms Total
3
Bathrooms Full
3
Living Area
3120
Living Area Source
Public Records
Building Area Total
3360
New Construction YN
No
Year Built
1986
Garage YN
Yes
Garage Spaces
Yes
Carport YN
No
Lot Size Acres
0.07
Lot Size Square Feet
3049
Association YN
No
Association Name
OCEANS GATE
Property Use
01 / HALF-DUPLEX USED AS SFR
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Direction Faces
South
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
316.51
Sold Price/SqFt
304.49
Bathrooms Half
0
Carport Spaces
0

Property Features

Appliances: Other Construction Materials: Block; Concrete; Stucco Flooring: Carpet; Vinyl Interior Features: Split Bedrooms Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Dead End Street Parking Features: Additional Parking Pets Allowed: Yes Pool Features: None Possession: Close Of Escrow Roof: Tile Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Special Listing Conditions: Standard Utilities: Other View: Ocean; Water Water Source: Public

Contract Information

Original List Price
987500
Listing Contract Date
2023-03-16
Property Sub Type
Single Family Residence
Property Attached YN
Yes

Location Tax and Legal

Street Number
620
Street Name
Monroe
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32920
MLS Area Major
271 - Cape Canaveral
Subdivision Name
Oceans Gate

Remarks and Miscellaneous

Public Remarks
OCEANVIEW TRI-LEVEL MULTI-GENERATIONAL UNIT OR OFFSET MORTGAGE WITH INCOME...STEPS TO THE OCEAN!!! Will you walk to the beach to view rocket launches or simply watch them from the master bedroom or second floor balcony? This unique 1/2 duplex offers three levels and a garage, with ocean views from the 2nd and 3rd floors. It also boasts two units in one with no HOA. The door at the front leads directly to stairs to the top two floors with 2240 square feet of interior living space with full kitchen, living area, two bedrooms and a full bath on the second floor. Another set of stairs leads you to another living area with wet bar and an enormous master suite plus bath. The 880 SF bottom level features a garage at the front, & a private unit at the back with 2 bedrooms, living area, and a...

Status Change Information

Major Change Timestamp
2023-06-01T15:30:31Z
Major Change Type
Status Change
Status Change Timestamp
2023-06-01
Purchase Contract Date
2023-03-29
Close Date
2023-05-26
Close Price
950000

More Information

Closing Company Details

Closing Company Name
Dockside Title

Legal Details

Permission Granted to Advertise
Yes

Historical Information

Public Historical Remarks 3
Contact: List Agent

Location, Tax, and Legal

Tax Account
2435590
Parcel Number
24-37-23-04-00000.0-0010.00
General County Location
Central
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach
Tax Annual Amount
3831.9
Tax Year
2022
Tax Legal Description
OCEANS GATE LOT 10
Directions
End of Monroe Ave at beach on left.

Appliances

Other
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Interior Features

Split Bedrooms
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Dead End Street
Yes

Parking Features

Additional Parking
Yes

Pets Allowed

Yes
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Roof

Tile
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Other
Yes

View

Ocean
Yes
Water
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Showing Service
Yes
Listing Office: EXP Realty, LLC
Last Updated: June - 30 - 2026
Information is deemed to be reliable, but is not guaranteed.