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$ 308,000
$ 380,000 18.9%
116 LINCOLN AVE #116-118 Cape Canaveral, FL 32920
4 Beds
2 Baths
1,350 SqFt
UPDATED:
Key Details
Sold Price $308,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $228
Subdivision Avon By Sea
MLS Listing ID O6304530
Bedrooms 4
Year Built 1957
Annual Tax Amount $4,507
Lot Size 6,098 Sqft
Property Sub-Type Duplex
Property Description
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. Want to live in one unit and rent out the other? Ask us about the FHA renovation loan.
Location
State FL
County Brevard
Community Avon By Sea
Area 32920 - Cape Canaveral/Port Canaveral
Zoning C1
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Laminate, Terrazzo
Laundry Washer Hookup
Exterior
Exterior Feature Fence
Parking Features Common, Driveway, Guest, Oversized, Parking Pad
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Water Access 1
Roof Type Membrane
Building
Lot Description Corner Lot, Oversized Lot
Foundation Slab
Sewer Private Sewer
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash, FHA, Other, Special Funding
Listing Terms Cash, FHA, Other, Special Funding
Special Listing Condition None
Bought with FLORIDA HOMES & LOANS INC.
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