Cape Canaveral Duplex Near
For Sale
$669,500
212 Monroe Avenue, Cape Canaveral, FL 32920
MULTI_FAMILY - Cape Canaveral, FL
Property Size2,240 SF
Lot Size0.14 Acres
Price / SF$298.88
Days on Market93
Property Features for 212 Monroe Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Parking features
Assigned
Fencing
Fenced
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Subdivision
Avon By The Sea
Elementary school
Cape View
Middle school
Cocoa Beach
High school
Cocoa Beach
Directions
Head N on A1A/ N Atlantic Ave. then turn right onto Harrison Ave. Take a left onto Poinsetta Ave. then right into Monroe Ave. Duplex is on the left.
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
Legal Description
AVON BY THE SEA LOT 12 BLK 20
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
Tile, Laminate
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 29
Last Checked: Jul 30 at 2:06PM
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
713
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
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Frequently Asked Questions
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
