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214 Madison Avenue 1-4
Cape Canaveral FL 32920 US

$995,000

Active Listing ID 1082533
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.30 Acres
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Other

$995,000

Active Listing ID 1082533
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214 Madison Avenue 1-4 Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Electric
  • Exterior Finish: Courtyard
  • Floor Covering: Vinyl, Tile, Carpet, Laminate
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Central

School Information

  • School
  • Cape View(Elementary)
  • Cocoa Beach(MiddleSchool)
  • Cocoa Beach(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 995000
  • unparsedaddress: 214 Madison Avenue
  • unitnumber: 1-4
  • postalcity: Cape Canaveral
  • stateorprovince: FL
  • country: US
  • postalcode: 32920
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 3582
  • livingareaunits: Square Feet
  • latitude: 28.389042
  • longitude: -80.603369
  • listagentfullname: Jared Doyle
  • listagentemail: jared@doyleinvestmentteam.com
  • listagentkey: 3yd-SCAORFL-3217929
  • listagentmlsid: 3217929
  • listagentpreferredphone: 3219171808
  • listagentofficephone: 3216222701
  • listofficekey: 3yd-SCAORFL-itgr0
  • listofficemlsid: itgr0
  • disclaimer: Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCAORFL
  • yearbuilt: 1974
  • listingcontractdate: 2026-07-10
  • listagenturl: http://itgrealty.com
  • countyorparish: Brevard
  • parcelnumber: 24-37-23-Cg-00014.0-0012.00
  • elementaryschool: Cape View
  • highschool: Cocoa Beach
  • appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • cooling: Central Air, Electric
  • constructionmaterials: Frame, Wood Siding
  • flooring: Vinyl, Tile, Carpet, Laminate
  • heating: Electric (Heating), Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 10
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • exteriorfeatures: Courtyard
  • rooms: Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2
  • securityfeatures: Security Lighting
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.60337, 28.389042
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"ITG Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jared@doyleinvestmentteam.com", "ListBrokerageCity":"West Melbourne", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Rustymelle@itgholdings.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"ITG Realty LLC", "ListBrokeragePhone":"(321) 622-2701", "ListBrokeragePostalCode":"32904", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2129 W New Haven Ave.", "ListBrokerageWebsiteUrl":"http://itgrealty.com", "ListOfficeAddress1":"1455 S Wickham Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"itgr0", "ListOfficeCity":"West Melbourne", "ListOfficeCountry":"US", "ListOfficeEmail":"rustymelle@itgholdings.com", "ListOfficePostalCode":"32904", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cape Canaveral, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/214-Madison-Ave_Cape-Canaveral_FL_32920_M55600-10396?f=listhub&s=SCAORFL&m=1082533&c=rexren", "MLSModificationTimestamp":"2026-07-16 16:53:25", "Neighborhoods":[{"Description":null, "Name":"Avon By The Sea"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7633, "TaxDescription":"AVON BY THE SEA E 25 FT OF LOT 12, ALL OF LOT 13 & W 29 FT OF LOT 14 BLK 14", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/16/2026 4:56:01 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Jared Doyle, ITG Realty, jared@doyleinvestmentteam.com

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.