Investor Special - Duplex in Prime Cape Canaveral Location! Just steps from the beach, restaurants, and cruise terminal, this short-term rental-zoned (Airbnb) duplex offers huge upside. Flip for resale or renovate and rent for strong returns in a high-demand area. Each unit has separate meters, natural gas, a spacious layout, an enclosed glass sunroom (not under air), and a covered back patio—ideal for added value or guest use. Large backyards provide further potential. Property requires full renovation: roof, electrical, plumbing, and interior. Keep as two units or convert to a single-family home. In-house financing available for fix-and-flip or fix-and-rent buyers. A rare opportunity to create value in one of Florida's most desirable coastal markets.
Sold for $308,000 on 08/01/25
$308,000
116 Lincoln Ave, Cape Canaveral, FL 32920
4beds
1,350sqft
Duplex
Built in 1957
-- sqft lot
$-- Zestimate®
$228/sqft
$2,395 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,395/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 01, 2025 at 12:42pm
Listed by:
Gemma L. Peterson 407-242-7758,
Florida Homes & Loans Inc.
Bought with:
Gemma L. Peterson, 3522887
Florida Homes & Loans Inc.
Source: Space Coast AOR,MLS#: 1044717
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Electric
Appliances
- Laundry: In Unit, Washer Hookup
Features
- Flooring: Concrete, Laminate, Terrazzo
- Has fireplace: No
Interior area
- Total structure area: 1,710
- Total interior livable area: 1,350 sqft
Property
Parking
- Parking features: Off Street
Features
- Fencing: Back Yard,Fenced,Wire,Wood
Lot
- Size: 6,098 sqft
Details
- Additional parcels included: 2434692
- Parcel number: 243723Cg00065.00015.00
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block
- Roof: Membrane
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Separate Electric Meters, Separate Water Meters
Community & neighborhood
Location
- Region: Cape Canaveral
Other
Other facts
- Listing terms: Cash,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $308,000-18.9%$228/sqft |
Source: Space Coast AOR #1044717 | ||
| 7/28/2025 | Pending sale | $380,000$281/sqft |
Source: Space Coast AOR #1044717 | ||
| 7/10/2025 | Listed for sale | $380,000$281/sqft |
Source: Space Coast AOR #1044717 | ||
| 5/12/2025 | Pending sale | $380,000$281/sqft |
Source: Space Coast AOR #1044717 | ||
| 4/30/2025 | Listed for sale | $380,000+157.6%$281/sqft |
Source: Space Coast AOR #1044717 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,507 +9.6% | $343,200 +18.2% |
| 2023 | $4,112 +28.4% | $290,400 +12% |
| 2022 | $3,201 +10.9% | $259,200 +30.2% |
Find assessor info on the county website
Neighborhood: 32920
Nearby schools
GreatSchools rating
- 7/10Cape View Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 7/10Cocoa Beach Junior/Senior High SchoolGrades: 7-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Cape View
- Middle: Cocoa Beach
- High: Cocoa Beach
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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