Four-Unit Duplex
For Sale
$1,275,000
201 & 203 Taylor Avenue A & B, Cape Canaveral, FL 32920
Two duplex buildings provide four matching residential units in a coastal community.
Property Size4,420 SF
Price / SF$288.46
Days on Market27
Property Features for 201 & 203 Taylor Avenue A & B
General Information
Standard status
Active
Size
4,420 SF
Property subtype
Quadruplex
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,282
Building Details
Building Size
4,420 SF
Year Built
1965
Buildings
2
Listing Agency:
Century 21 Ocean
Listed By:
Barbara Schluraff · License #3633896
(321) 323-1212
Source:
Inthehomezonerealty
Added: Oct 8
Changed: Nov 2
Last Checked: Oct 30 at 12:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Ocean
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Investment Insights
Based on property information with market context.
Two duplexes at 201 and 203 Taylor Avenue are offered together as a four-unit multifamily property. Each residence has two bedrooms, two bathrooms, and 1,105 square feet of living area. The buildings were constructed in 1965, with a combined property size of 4,420 square feet.
The property is in Cape Canaveral, adjacent to city pickleball, tennis, racquetball, and library facilities. The beach is nearby, and Port Canaveral’s cruise terminals and restaurants, Cocoa Beach, and Kennedy Space Center are within driving distance. The neighborhood also offers views of rocket launches.
The property is in Cape Canaveral, adjacent to city pickleball, tennis, racquetball, and library facilities. The beach is nearby, and Port Canaveral’s cruise terminals and restaurants, Cocoa Beach, and Kennedy Space Center are within driving distance. The neighborhood also offers views of rocket launches.
Key Highlights
- Four residential units across two duplex buildings
- Each unit has 2 bedrooms, 2 bathrooms, and 1,105 square feet
- Combined property size of 4,420 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,246
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,920
$904.9K
Cap Rate 7%
$646,371
$646.4K
Cap Rate 9%
$502,733
$502.7K
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$87.5K $19.80/SF
− Vacancy
−$5.3K −$1.19/SF
EGI
$82.3K $18.61/SF
− OpEx
−$37.0K −$8.38/SF
NOI
$45.2K $10.24/SF
Area
Brevard County, FL
Vacancy
6.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,920
Cap Rate 7%
$646,371
Cap Rate 9%
$502,733
Alternative Uses
Best Use
Apartment 5plus
$646.4K
$565.6K – $754.1K
NOI $45,246 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,629 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 32920, FL
9,984
Population
8,872
Households
1.1
Avg Household Size
58
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
403
Density / Sq Mi
$70,734
Median Household Income
$41,264
Median Earnings
$1,161
Median Rent
$323,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two duplex buildings provide four matching residential units in a coastal community.
Where is this multifamily property located?
The property is located at 201 & 203 Taylor Avenue A & B Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Four residential units across two duplex buildings; Each unit has 2 bedrooms, 2 bathrooms, and 1,105 square feet; Combined property size of 4,420 square feet
