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$1,599,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.29 Acres
  • Updated 15 hours ago
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RARE TURNKEY INVESTMENT just steps from the beach! This fully furnished Cape Canaveral quadplex features 4 updated 2 bed units, including three 1 bath units and one with 1.5 baths, already operating as successful short-term vacation rentals. With strong gross income performance and a setup built for continued rental success, this is the kind of coastal income property investors look for and rarely find. Guests love the above-ground pool, charming outdoor entertainment space, beautiful landscaping, and walkable beach lifestyle. Located on a corner lot in the heart of Cape Canaveral next to the new Community Center and just a 5-minute walk to the beach. Includes 2 buildings, 3 garages, ample parking, community laundry, ADT security system, and separate electric/water meters. Continue operating as a vacation rental business or convert to long-term rentals if desired. See attached income details for more information. Owner financing available! Rare coastal asset with investor flexibility!!

Full Property Details for 285 Monroe Ave #1,2,3,4

General

  • Price: $1,599,000
  • Taxes: $11,991 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1077517
  • Updated: 5/16/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Common Area, In Garage

Additional Information

  • Shared Amenities: Pool

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 5
  • Parking Features: Detached

Location

  • Area: 271 - Cape Canaveral
  • County: Brevard
  • Subdivision: Avon By The Sea
  • Driving Directions: Heading north on A1A turn right onto Jackson Ave. then first left onto Poinsettia and then right onto Monroe.

School Information

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

Community

  • Community Features: Pool

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Electric

Utilities

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

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block, Concrete, Stucco, Vinyl Siding, Wood Siding
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 3,584
  • Living Area: 3,584 Sq. Ft.
  • Current Bldg. Use: Commercial, Investment, Residential
  • Year Built: 1965

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,632
  • Street/Road Desc.: Paved

Financial Considerations

  • Price Per Sq. Ft.: $446.15
  • Tax Amount: $11,991.7
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA, Owner May Carry, Private Financing Available, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-37-23-Cg-00026.0-0007.00
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 285 Monroe Ave #1,2,3,4 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 285 Monroe Ave #1,2,3,4

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
7-125.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 285 Monroe Ave #1,2,3,4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/16/2026
Listed
$1,599,000
23%
MLS
10/28/2022
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 285 Monroe Ave #1,2,3,4

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,046
7%
$896,280
11%
2023
$11,307
138%
$805,860
148%
2021
$4,754
6%
$325,000
—
2022
$4,487
-6%
$325,000
5%
2021
$4,754
5%
$310,000
5%
2018
$4,518
-1%
$295,000
—
2019
$4,557
4%
$295,000
5%
2017
$4,392
10%
$280,000
14%
2016
$3,984
9%
$245,000
19%
2015
$3,652
-2%
$206,000
—
2014
$3,739
—
$206,000
4%
2013
$3,746
—
$199,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Recent Sales near 285 Monroe Ave #1,2,3,4

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8001 Ridgewood Ave, Cape Canaveral, FL 32920 - Photo 1 Sold
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285 Monroe Avenue #1,2,3,4, Cape Canaveral, FL 32920 (MLS# 1077517) is a Multi-Family property with 4 units containing 8 bedrooms and 1 full bathroom. 285 Monroe Avenue #1,2,3,4 is currently listed for $1,599,000 and was received on May 16, 2026. This property is listed by Nick Farinella from our Melbourne Office.Want to learn more about 285 Monroe Avenue #1,2,3,4? 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.

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