Property Type:
Residential Income
Bedrooms:
5
Baths:
5
Square Footage:
2,856
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$850,000
List Date:
5/16/2025
Last Modified:
10/09/2025
Overview
Description
Just one block from the Atlantic Ocean in sunny Cape Canaveral, this income-producing triplex combines the perfect blend of location, flexibility, and strong revenue potential. It features two spacious 2-bed/2-bath units (1,050 sq ft each) and one 1/1 unit (756 sq ft), each with private backyards, stylish finishes, and newer ACs. All units are separately metered and share a welcoming front yard. The large lot includes eight rare on-site parking spaces. Currently, the owner occupies the 1/1 unit while successfully operating the two 2/2 units as short-term vacation rentals through Airbnb, generating $66,000 in gross revenue over the last 12 months. This property has the potential to significantly increase returns, whether used for short-term, mid or long-term rental strategies. Beyond the numbers, the location is a major value driver: just steps to the beach, minutes to Cocoa Beach Pier, Port Canaveral, cruise terminals, dining, shopping, and entertainment. VA assumable loan at 2.375%.