116 LINCOLN AVE #116-118, CAPE CANAVERAL, FL, 32920
$380,000
Residential Income
Bedrooms
4
Bathrooms
2
Living Area
1,350 Sqft
Lot Size
6,098 Sqft
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. Want to live in one unit and rent out the other? Ask us about the FHA renovation loan.
Property Details
Property Features Property Features
MLS ID: MFRO6304530 Year Built: 1957
Appliances: Gas Water Heater Community Features: Street Lights
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Brevard
Exterior Features: Fence Flooring: Concrete, Laminate, Terrazzo
Foundation Details: Slab Furnished: Unfurnished
Heating: Central Laundry Features: Washer Hookup
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, FHA, Other, Special Funding Lot Features: Corner Lot, Oversized Lot
Occupant Type: Tenant Parking Features: Common, Driveway, Guest, Oversized, Parking Pad
Patio And Porch Features: Rear Porch Pets Allowed: Yes
Possession: Close Of Escrow Property Condition: Fixer
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Membrane
Sewer: Private Sewer Showing Requirements: 24 Hour Notice, Appointment Only, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Utilities: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected Water Source: Public
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