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116 Lincoln Avenue Unit 116-118

Cape Canaveral, FL 32920

4 beds
2 baths
1,350 sqft
6,098 sqft lot
$281 per sqft
1957 build
– on site

Under contract-accepting backup offers. 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.

Listing courtesy of STELLAR_MLS / FLORIDA HOMES & LOANS INC.

Last checked: Checking… • Last updated May 12, 2025 •

MLS# O6304530 —

The Building

Year Built:

1957
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Membrane
Foundation Details:

Slab
Patio And Porch Features:

Rear Porch
Unit Number:

116-118
# of Buildings:

2
Building Area Total:

1710
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Concrete
Fireplace:

false

Room Dimensions

Living Area:

1350
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

FL-528 E via the ramp to Canaveral/Cape-Port-A.F.S, Follow Jimmy Buffett Mem Hwy S to Lincoln Ave in Cape Canaveral, urn left onto Lincoln Ave Destination will be on the left
Latitude:

28.38083
Longitude:

-80.60444
Coordinates:

-80.60444, 28.38083

The Property

Parcel Number:

24 3723CG6515
Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Fixer
Property Attached:

true
Lot Size Acres:

0.14
Lot Size Area:

6098
Lot Size SqFt:

6098
Lot Size Dimensions:

50 x 125
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

C1
View:

false
Exterior Features:

Fenced
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

15
Tax Block:

65
Tax Legal Description:

AVON BY THE SEA LOT 15 BLK 65
Tax Book Number:

3-7
Tax Annual Amount:

$4,507.38

Beds

Bedrooms Total:

4

Baths

Total Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Private Sewer

Appliances

Laundry Features:

Laundry Closet

The Community

Subdivision Name:

AVON BY SEA
Senior Community:

false
Waterview:

false
Water Access:

Beach
Water Access:

true
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Additional Water Information:

A few blocks from the beach, walking distance

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Common

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/12/25 May 12, 2025	Pending	STELLAR_MLS	$380,000
4/30/25 Apr 30, 2025	Listed / Active	STELLAR_MLS	$380,000

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This multifamily located in North Reach, Cape Canaveral, FL 32920 is currently pending sale for $380,000. 116 Lincoln Avenue Unit 116-118 is a 1,350 square foot multifamily with 4 beds and 2 baths that has been on Estately for 22 days. 116 Lincoln Avenue Unit 116-118 is in the North Reach neighborhood of Cape Canaveral and has a WalkScore® of 69, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and FLORIDA HOMES & LOANS INC..

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.