Cape Canaveral Duplex Near
212 Monroe Avenue Cape Canaveral, FL 32920
For Sale
$669,500
MULTI_FAMILY - Cape Canaveral, FL
Property Size2,240 SF
Lot Size0.14 Acres
Price / SF$298.88
Days on Market87
Property Features for 212 Monroe Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4
- Parking features
- Assigned
- Fencing
- Fenced
- Appliances
- Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 24-37-23-Cg-00020.0-0012.00
- Size
- 2,240 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- AVON BY THE SEA LOT 12 BLK 20
- Tax Annual Amount
- 5097
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile
- Building materials
- Block, Concrete, Stucco
- Roof type
- Shingle
Listing Agency:
Vincent Keenan, REALTORS
(321) 784-6286
Listed By:
Vincent Keenan · License #359856
(321) 693-0187
Added: Apr 29
Changed: Jul 10
Last Checked: Jul 24 at 1:06AM
MLS# 1075929
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.
Investment Insights
Based on property information with market context.
This spacious duplex is located a couple blocks from the beach. The property features bisque ceramic tile and laminate flooring throughout. The open floor plan includes window treatments. The eat-in kitchen is equipped with stainless GE appliances, tiled counters, wood cabinets, and a breakfast bar service. A utility room is also present. The property includes a pavered patio with privacy fencing and Florida-friendly landscaping. It is situated in a quiet neighborhood near thoroughfares, providing easy access to Port Canaveral, Patrick AFB, Kennedy Space Center, 520, 528, shopping centers, restaurants, downtown Cocoa Beach, amenities, services, beach-lines, and Orlando areas and attractions. The property size is 2240 square feet and the lot size is 0.14 acres.
Key Highlights
- Well‑maintained duplex built in 1986 with central heating and central air
- Kitchen includes stainless GE appliances, tiled counters, wood cabinets, and a breakfast bar
- Dishwasher, refrigerator, electric range, microwave, washer, and dryer included
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $17.40 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $36.4k | $16.27 |
| − OpEx | −$10.9k | −$4.88 |
| NOI | $25.5k | $11.39 |
2,240 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$364.4K
$318.9K – $425.2K
NOI $25,510 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$327.6K
$286.6K – $382.2K
NOI $22,930 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Spacious, well-maintained duplex near the beach in Cape Canaveral.
Where is this duplex located?
The property is located at 212 Monroe Avenue Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $669,500.
What are key features of this property?
This property features: Well‑maintained duplex built in 1986 with central heating and central air; Kitchen includes stainless GE appliances, tiled counters, wood cabinets, and a breakfast bar; Dishwasher, refrigerator, electric range, microwave, washer, and dryer included
