$380,000 for Sale
116 lincoln avenue #116-118, cape canaveral, FL 32920
Beds 4 | Baths 2 | 1,350 Sqft | 0.14 Acres |
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Property Description
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.
General Information
Sale Price: $380,000
Price/SqFt: $281
Status: Active
MLS#: O6304530
City: cape canaveral
Post Office: cape canaveral
County: Brevard
Subdivision: avon by sea
Acres: 0.14
Lot Dimensions: 50 x 125
Bedrooms:4
Bathrooms:2
House Size: 1,350 sq.ft.
Acreage: 0.14 est.
Year Built: 1957
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block
Exterior Misc: Fenced
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Central
Waste: Private Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,507
Legal Description: AVON BY THE SEA LOT 15 BLK 65

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Gemma Peterson of FLORIDA HOMES & LOANS INC., Phone: 407-242-7758