Cape Canaveral, FL 32920,116 LINCOLN AVE #116-118
$308,000
$380,000
18.9%
Est.Price: ?

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4 BD
2 BA
1,350 SqFt

116 LINCOLN AVE #116-118 Cape Canaveral, FL 32920

Est. payment /mo
SOLD DATE : 08/01/2025

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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

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.

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

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Stellar MLS
Listed by FLORIDA HOMES & LOANS INC.
Bought with FLORIDA HOMES & LOANS INC.

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agent

Lucy Tran Williams

Agent | BK3470699

+1(417) 350-4027

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