Active

$380,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1350 sq ft
Overview
  • ID: MFRO6304530
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1350 sq ft
Property Details
Remarks
Investor Special – High-Upside Duplex in Coastal Cape Canaveral! Just a short stroll to the sandy shoreline, popular beach bars, and local dining hotspots, this versatile duplex is perfectly positioned in one of the Space Coast’s most sought-after areas. With zoning that allows short-term rentals (AirBnB), the opportunity here is immense—flip it for a strong resale or renovate and rent for powerful cash flow in a high-demand vacation and cruise port destination. Each unit is separately metered and connected to natural gas, with a generous layout and the added bonus of a fully enclosed glass sunroom—separate from the main living area—and a covered back patio, both offering great potential for added value as guest space, storage, or outdoor entertainment areas. The property will need a complete remodel including roof, electrical, plumbing, and interior updates, making it the ideal project for seasoned investors or visionary builders. Whether you choose to keep it as two income-producing units or convert it into a single-family home, this is a rare chance to add significant value in an unbeatable location. In-house financing options are available for fix-and-flip or fix-and-rent strategies, giving buyers added flexibility and fast access to returns. This is more than a property—it’s a canvas for your next profitable project in Florida’s thriving coastal market.
Financial Considerations
Price:
$380,000
HOA Fee:
N/A
Tax Amount:
$4507.38
Price per SqFt:
$281.48
Tax Legal Description:
AVON BY THE SEA LOT 15 BLK 65
Exterior Features
Lot Size:
6098
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Driveway, Guest, Oversized, Parking Pad
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
Concrete, Laminate, Terrazzo
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1957
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
Buyers are advised to conduct their own due diligence regarding lease restrictions, as the information provided may not be entirely accurate. However, according to public records, the property is located in an AnB-zoned area
Map
  • Address
    116 LINCOLN AVE #116-118
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