4-Unit Duplex
New
For Sale
$1,275,000
201 & 203 Taylor Ave Unit A & B, Cape Canaveral, FL 32920
Two duplex buildings contain four residences with consistent two-bedroom, two-bathroom layouts.
Property Size4,420 SF
Price / SF$288.46
Days on Market7
Property Features for 201 & 203 Taylor Ave Unit A & B
General Information
Standard status
Active
Size
4,420 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Building Details
Year Built
1965
Buildings
2
Listing Agency:
Century 21 Ocean
Listed By:
Barbara Schluraff · License #3633896
(321) 720-3878
Source:
Greaterorlandohomesforsale
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 12 at 8:27PM
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
Investment Insights
Based on property information with market context.
Two duplex buildings at 201 and 203 Taylor Ave comprise four residential units offered together. Each residence has two bedrooms, two bathrooms and 1,105 square feet of living area. The buildings were constructed in 1965, and the combined property size is 4,420 square feet.
The property is adjacent to Cape Canaveral’s municipal pickleball, tennis and racketball facilities and library. The beach, Port Canaveral cruise terminals and restaurants, Cocoa Beach, Kennedy Space Center, and major Space Coast employers are also identified in the surrounding area.
The property is adjacent to Cape Canaveral’s municipal pickleball, tennis and racketball facilities and library. The beach, Port Canaveral cruise terminals and restaurants, Cocoa Beach, Kennedy Space Center, and major Space Coast employers are also identified in the surrounding area.
Key Highlights
- Two duplex buildings offered together as one four‑unit property
- Each of the four units has 2 bedrooms, 2 bathrooms and 1,105 square feet
- Combined property size: 4,420 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,336
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,720
$1.0M
Cap Rate 7%
$719,086
$719.1K
Cap Rate 9%
$559,289
$559.3K
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$76.9K $17.40/SF
− Vacancy
−$5.0K −$1.13/SF
EGI
$71.9K $16.27/SF
− OpEx
−$21.6K −$4.88/SF
NOI
$50.3K $11.39/SF
Area
Brevard County, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,720
Cap Rate 7%
$719,086
Cap Rate 9%
$559,289
Alternative Uses
Best Use
Multifamily LT 5
$719.1K
$629.2K – $838.9K
NOI $50,336 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$646.4K
$565.6K – $754.1K
NOI $45,246 @ 7.0% cap · market cap 3.55%
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
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two duplex buildings contain four residences with consistent two-bedroom, two-bathroom layouts.
Where is this duplex located?
The property is located at 201 & 203 Taylor Ave Unit 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: Two duplex buildings offered together as one four‑unit property; Each of the four units has 2 bedrooms, 2 bathrooms and 1,105 square feet; Combined property size: 4,420 square feet
