$850,000
$849,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,856 SqFt
SOLD DATE : 10/09/2025
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $297
Subdivision Avon By The Sea
MLS Listing ID 1046371
Sold Date 10/09/25
Bedrooms 5
Full Baths 5
HOA Y/N No
Total Fin. Sqft 2856
Year Built 1984
Annual Tax Amount $5,491
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Triplex
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
Just one block from the Atlantic Ocean in sunny Cape Canaveral, this income-producing triplex combines the perfect blend of location, flexibility, and strong revenue potential. It features two spacious 2-bed/2-bath units (1,050 sq ft each) and one 1/1 unit (756 sq ft), each with private backyards, stylish finishes, and newer ACs. All units are separately metered and share a welcoming front yard. The large lot includes eight rare on-site parking spaces. Currently, the owner occupies the 1/1 unit while successfully operating the two 2/2 units as short-term vacation rentals through Airbnb, generating $66,000 in gross revenue over the last 12 months. This property has the potential to significantly increase returns, whether used for short-term, mid or long-term rental strategies. Beyond the numbers, the location is a major value driver: just steps to the beach, minutes to Cocoa Beach Pier, Port Canaveral, cruise terminals, dining, shopping, and entertainment. VA assumable loan at 2.375%.
Location
State FL
County Brevard
Area 271 - Cape Canaveral
Direction Head east on W Cocoa Beach Causeway toward N Atlantic Ave, Turn left at the 1st cross street onto N Atlantic Ave, Turn right onto Pierce Ave, Turn left, Destination will be on the left
Interior
Heating Central
Cooling Central Air, Electric
Flooring Laminate, Tile
Furnishings Furnished
Appliance Dryer, Microwave, Washer
Laundry In Unit
Exterior
Exterior Feature Other
Parking Features Other
Fence Vinyl
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Available
View Other
Roof Type Shingle
Present Use Multi-Family
Street Surface Asphalt,Paved
Garage No
Private Pool No
Building
Lot Description Few Trees
Faces South
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Gazebo
New Construction No
Schools
Elementary Schools Cape View
High Schools Cocoa Beach
Others
Senior Community No
Tax ID 24-37-23-Cg-00058.0-0016.00
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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