609 Madison Ave Cape Canaveral, FL 32920
This exceptional 6,098 square foot lot, located at 609 Madison Avenue in Cape Canaveral, Florida, presents a unique investment opportunity. Priced at $595,000, this property boasts a prime location just a short distance from the beach and a couple of miles from the port. Zoned for multi-family use, the land is ideal for developing duplexes, townhomes, or other residential projects. Buyers are responsible for verifying all city and county restrictions. Importantly, this lot is considered non-conforming, meaning the standard 7,500 square foot minimum lot size requirement does not apply, simplifying the development process. The property's proximity to the beach and port makes it an attractive location for both residents and tourists. This buildable lot offers the chance to create a lucrative investment or a personal beach getaway. The address is 609 Madison Avenue, Cape Canaveral, FL 32920. This is a rare opportunity to acquire a prime piece of land in a highly desirable location. Seize this chance to transform your Florida beach life dream into a reality. The property is situated in Brevard County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.