Recently Viewed Properties
See This Home
Save This Listing
Close

$955,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Units
  • 0.38 Acres
See This Home
Save This Home
See This Home
Save This Home
RARE OPPORTUNITY 3 BLOCKS TO THE BEACH! A 7-UNIT INVESTMENT PROPERTY! This gem of a property is currently fully occupied with wonderful tenants! A well-maintained multi-family income producing property with each unit having an open floor plan, all tile flooring, all new updated baths, newer kitchens, and every unit is super clean! Peace of mind with a brand-new roof over the entire building, and all cast iron plumbing has been replaced throughout all units! Plenty of parking and storage areas for each unit and there's an on-site coin operated laundry that generates extra income! Location, location, location makes these easy rentals w/no HOA plus only a 5-minute walk to a beach crosswalk, Port Canaveral is a short bike ride away, KSC is only a 20-minute drive, and MCO & theme parks a 35-minute drive! Plenty of shopping & restaurants within walking distance! Collect rents now and bank the land & property for a future project!

Full Property Details for 221 Madison Ave

General

  • Sold For: $955,000
  • Taxes: $9,509 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1043737
  • Added to Site: 275 day(s) ago

Interior

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Common Area

Parking

  • Carport Spaces: 4
  • Parking Features: Additional Parking, Assigned, Carport, Varies by Unit

Location

  • Area: 271 - Cape Canaveral
  • County: Brevard
  • Subdivision: Avon By The Sea
  • Driving Directions: A1A North from Cocoa Beach turn right onto Madison, complex on the right
  • Direction Faces: North

School Information

  • Elementary School: Cape View
  • Middle School: Cocoa Beach
  • High School: Cocoa Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Other, Individual

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters

Structural Information

  • Exterior Const.: Concrete, Frame
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 5,080
  • Living Area: 5,080 Sq. Ft.
  • Current Bldg. Use: Investment, Multi-Family
  • Year Built: 1964

Unit Information

  • Units in Building: 7

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Price Per Sq. Ft.: $236.22
  • Tax Amount: $9,509
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Telephone

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-37-23-Cg-00020.0-0006.00

Listed and Sold by Space Coast Realty & Inv. LLC

Listing agent

— 221 Madison Ave —

  • Space Coast Realty & Inv. LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 221 Madison Ave

School District:Brevard County School District
NameGradesDistance
Cape View Elementary School
8440 Rosalind Avenue, Cape Canaveral, FL 32920
PK-60.4 mi
Cocoa Beach Junior/Senior High School
1500 Minutemen Causeway, Cocoa Beach, FL 32931
7-125.2 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 221 Madison Ave

Date
Details
Price
Change
Source
12/12/2025
Sold
$955,000
-20.42%
MLS
7/09/2025
Price Reduced
$1,200,000
-14.29%
MLS
4/18/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Space Coast Realty & Inv. LLC

Just Listed near 221 Madison Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2815 S Atlantic Ave, Cocoa Beach, FL 32931 - Photo 1 Just Listed
$649,900

2815 S Atlantic Ave  #705  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,350
    Sq. Ft.
Listed by Nick Farinella (321) 543-1685 and Natalie Russo (856) 745-6419
3740 Ocean Beach Blvd, Cocoa Beach, FL 32931 - Photo 1 Just Listed
$770,000

3740 Ocean Beach Blvd  #707  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,100
    Sq. Ft.
1675 Bayshore Dr, Cocoa Beach, FL 32931 - Photo 1 Just Listed
$1,850,000

1675 Bayshore Dr  Cocoa Beach, FL 32931

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 3,301
    Sq. Ft.
325 S Banana River Blvd, Cocoa Beach, FL 32931 - Photo 1 Just Listed
$365,000

325 S Banana River Blvd  #515  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,014
    Sq. Ft.

Price Reduced near 221 Madison Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

112 Sunset Dr, Cocoa Beach, FL 32931 - Photo 1 Price Reduced
-$20,000 (-2.44%)
$799,000

112 Sunset Dr  Cocoa Beach, FL 32931

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,346
    Sq. Ft.
Listed by Samantha Weston (321) 390-4193
830 N Atlantic Ave, Cocoa Beach, FL 32931 - Photo 1 Price Reduced
-$20,000 (-3.36%)
$575,000

830 N Atlantic Ave  #B1002  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,470
    Sq. Ft.
2100 N Atlantic Ave, Cocoa Beach, FL 32931 - Photo 1 Price Reduced
-$30,000 (-5.22%)
$545,000

2100 N Atlantic Ave  #1110  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,400
    Sq. Ft.
4600 Ocean Beach Blvd, Cocoa Beach, FL 32931 - Photo 1 Price Reduced
-$1,000 (-0.24%)
$419,000

4600 Ocean Beach Blvd  #210  Cocoa Beach, FL 32931

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,237
    Sq. Ft.

Recent Sales near 221 Madison Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

326 Pierce Ave, Cape Canaveral, FL 32920 - Photo 1 Sold
$850,000

326 Pierce Ave  Cape Canaveral, FL 32920

  • Triplex
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 2,856
    Sq. Ft.
298 E Central Blvd, Cape Canaveral, FL 32920 - Photo 1 Sold
$900,000

298 E Central Blvd  Cape Canaveral, FL 32920

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,791
    Sq. Ft.
6203 Ridgewood Ave, Cocoa Beach, FL 32931 - Photo 1 Sold
$855,000

6203 Ridgewood Ave  Cocoa Beach, FL 32931

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,555
    Sq. Ft.
320 Harding Ave, Cocoa Beach, FL 32931 - Photo 1 Sold
$1,000,000

320 Harding Ave  Cocoa Beach, FL 32931

  • Single Family
  • Closed
  • Updated 11 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,332
    Sq. Ft.

221 Madison Avenue, Cape Canaveral, FL 32920 (MLS# 1043737) is a Multi-Family property that was sold at $955,000 on December 12, 2025. Want to learn more about 221 Madison Avenue? Do you have questions about finding other Multi-Family 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.