116 LINCOLN AVENUE 116-118

CAPE CANAVERAL, FL 32920

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 FLORIDA HOMES & LOANS INC. 4072427758



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Last checked: 2025-05-15 10:25 AM EDT