Duplex with Private
For Sale
$649,900
212 Monroe Avenue 212 & 214, Cape Canaveral, FL 32920
An open-plan interior features ceramic tile, laminate flooring, and an eat-in kitchen with stainless GE appliances.
Property Size2,240 SF
Price / SF$290.13
Days on Market185
Property Features for 212 Monroe Avenue 212 & 214
General Information
Standard status
Active
Size
2,240 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,096
Building Details
Building Size
2,240 SF
Year Built
1986
Listing Agency:
Vincent Keenan, REALTORS
Listed By:
Vincent Keenan · License #359856
(321) 784-6286
Source:
Inthehomezonerealty
Added: Apr 29
Changed: Oct 26
Last Checked: Oct 30 at 1:34AM
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 Vincent Keenan, REALTORS
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Investment Insights
Based on property information with market context.
This 1986-built duplex contains 2,240 square feet. The interior has an open-plan layout, ceramic tile and laminate flooring, and an eat-in kitchen with stainless GE appliances, tiled counters, wood cabinets, and a breakfast bar. A utility room adds functional space. Outside, a paver patio is enclosed by privacy fencing and complemented by Florida-friendly landscaping.
The property is a few blocks from the beach, with access to thoroughfares including 520 and 528. Port Canaveral, Patrick AFB, Kennedy Space Center, shopping centers, restaurants, and downtown Cocoa Beach are also cited among nearby destinations.
The property is a few blocks from the beach, with access to thoroughfares including 520 and 528. Port Canaveral, Patrick AFB, Kennedy Space Center, shopping centers, restaurants, and downtown Cocoa Beach are also cited among nearby destinations.
Key Highlights
- 2,240‑square‑foot duplex built in 1986
- A few blocks from the beach
- Open‑plan interior with ceramic tile and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,510
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,200
$510.2K
Cap Rate 7%
$364,429
$364.4K
Cap Rate 9%
$283,444
$283.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$39.0K $17.40/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$36.4K $16.27/SF
− OpEx
−$10.9K −$4.88/SF
NOI
$25.5K $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%
$510,200
Cap Rate 7%
$364,429
Cap Rate 9%
$283,444
Alternative Uses
Best Use
Multifamily LT 5
$364.4K
$318.9K – $425.2K
NOI $25,510 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$327.6K
$286.6K – $382.2K
NOI $22,930 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
737
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - An open-plan interior features ceramic tile, laminate flooring, and an eat-in kitchen with stainless GE appliances.
Where is this duplex located?
The property is located at 212 Monroe Avenue 212 & 214 Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2,240‑square‑foot duplex built in 1986; A few blocks from the beach; Open‑plan interior with ceramic tile and laminate flooring
