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620 Monroe Avenue
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Sold

620 Monroe Avenue

620 Monroe Avenue, Cape Canaveral, FL 32920

$950,000
OCEANVIEW TRI-LEVEL MULTI-GENERATIONAL UNIT OR OFFSET MORTGAGE WITH INCOME...STEPS TO THE OCEAN!!! Will you walk to the beach to view rocket launches or simply watch them from the master bedroom or second floor balcony? This unique 1/2 duplex offers three levels and a garage, with ocean views from the 2nd and 3rd floors. It also boasts two units in one with no HOA. The door at the front leads directly to stairs to the top two floors with 2240 square feet of interior living space with full kitchen, living area, two bedrooms and a full bath on the second floor. Another set of stairs leads you to another living area with wet bar and an enormous master suite plus bath. The 880 SF bottom level features a garage at the front, & a private unit at the back with 2 bedrooms, living area, and a... kitchenette for the in-laws, guests, or income. Tile roof 2017, (3) new ACs in 2022, and decks on top two levels. Very unique!'||chr(10)||''||chr(10)||'Projected income potential for short-term rental is $145K-$250K annually boasting an impressive 15%+ CAP rate potential.

5
beds

3
baths

3,120 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Kate Flack

Kate Flack

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms3
  • full bathrooms3
  • Flooring Carpet, Vinyl
  • APPLIANCES Other
  • other interior Features Split Bedrooms

Area & Lot

  • Status Sold
  • Living Area3,120 Sq.Ft.
  • Lot Area3,049 Sq.Ft.
  • MLS® ID959847
  • TypeResidential
  • YEAR BUILT1986
  • NeighborhoodCape Canaveral
  • View DescriptionOcean, Water
  • Elementary SchoolCape View
  • Middle SchoolCocoa Beach
  • High SchoolCocoa Beach

Exterior

  • Garage Space1.0
  • water SourcePublic
  • utilitiesOther
  • PoolNone
  • roofTile
  • lot featuresDead End Street
  • parkingAdditional Parking
  • sewerPublic Sewer

Financial

  • Sales Price$950,000
  • Real Estate Tax $3,832/yr
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Cape Canaveral

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