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$308,000
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Property Description
Investor Special - High-Upside Duplex in Coastal Cape Canaveral! Just a short stroll to the sandy shoreline, popular beach bars, and local dining hotspots, this versatile duplex is perfectly positioned in one of the Space Coast's most sought-after areas. With zoning that allows short-term rentals (AirBnB), the opportunity here is immense-flip it for a strong resale or renovate and rent for powerful cash flow in a high-demand vacation and cruise port destination. Each unit is separately metered and connected to natural gas, with a generous layout and the added bonus of a fully enclosed glass sunroom-separate from the main living area-and a covered back patio, both offering great potential for added value as guest space, storage, or outdoor entertainment areas. The property will need a complete remodel including roof, electrical, plumbing, and interior updates, making it the ideal project for seasoned investors or visionary builders. Whether you choose to keep it as two income-producing units or convert it into a single-family home, this is a rare chance to add significant value in an unbeatable location. In-house financing options are available for fix-and-flip or fix-and-rent strategies, giving buyers added flexibility and fast access to returns. This is more than a property-it's a canvas for your next profitable project in Florida's thriving coastal market. Want to live in one unit and rent out the other? Ask us about the FHA renovation loan.
Full Property Details
Full Property Details for 116 Lincoln Ave #116-118
General
- Sold For: $308,000
- Taxes: $4,507 (2024)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6304530
- Added to Site: 263 day(s) ago
Rental Information
- Min. Lease: 1 Week
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Gas Water Heater
- Furnishings: Unfurnished
- Flooring: Concrete, Laminate, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Exterior
- Exterior Features: Fenced
- Deck/Patio: Rear Porch
- Porch/Patio/Deck: Rear Porch
Parking
- Parking Features: Common, Driveway, Guest, Oversized, Parking Pad
Location
- Area: 32920 - Cape Canaveral/Port Canaveral
- County: Brevard
- Development Name: 32920 - Cape Canaveral/Port Canaveral
- Subdivision: AVON BY SEA
- Driving Directions: FL-528 E via the ramp to Canaveral/Cape-Port-A.F.S, Follow Jimmy Buffett Mem Hwy S to Lincoln Ave in Cape Canaveral, urn left onto Lincoln Ave Destination will be on the left
Community
- Community Name: 32920 - Cape Canaveral/Port Canaveral
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Membrane
- Common Walls: Corner Unit
- Stories/Levels: One
- Square Feet: 1,350
- Sq. Ft. Source: Public Records
- Living Area: 1,350 Sq. Ft.
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: 6098
- Lot Dimensions: 50 x 125
- Street/Road Desc.: Asphalt
Water Features
- Water Access: Yes
- Water Access Desc: Beach
Financial Considerations
- Tax Amount: $4,507.38
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: AVON BY THE SEA LOT 15 BLK 65
- Flood Zone Info: X
- APN: 24 3723CG6515
- Property ID: 24 3723CG6515
- Block/Lot/Section: 65
Listed and Sold by Florida Homes & Loans Inc.
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Schools
Schools serving 116 Lincoln Ave #116-118
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Cape View Elementary School 8440 Rosalind Avenue, Cape Canaveral, FL 32920 | PK-6 | 0.9 mi |
Cocoa Beach Junior/Senior High School 1500 Minutemen Causeway, Cocoa Beach, FL 32931 | 7-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Lincoln Ave #116-118
Date
Details
Price
Change
Source
8/01/2025
Sold
$308,000
-18.95%
MLS
4/30/2025
Listed
$380,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 Lincoln Avenue #116-118, Cape Canaveral, FL 32920 (MLS# O6304530) is a Duplex property that was sold at $308,000 on August 01, 2025. Want to learn more about 116 Lincoln Avenue #116-118? Do you have questions about finding other Duplex real estate for sale in Cape Canaveral? You can browse all Cape Canaveral real estate or contact a Coldwell Banker agent to request more information.

