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Property profile & analytics
OFF-MARKET
Commercial real estate

609 Madison Ave Cape Canaveral, FL 32920

Property ID
US18-8278096
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-8278096
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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