Brevard County Real Estate Search

Brevard County Multi-Family Properties for Sale

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Newest Brevard County Multi-Family Homes for Sale

$995,000
8 Beds 4 Baths 1082533 MLS
Rare Cape Canaveral Quadplex with Immediate Income & Value-Add Potential! This exceptional four-unit investment property offers the perfect blend of stable cash flow and future upside in one of the Space Coast's strongest rental markets. Located just minutes from the Atlantic Ocean, Cocoa Beach, Port Canaveral, cruise terminals, Patrick Space Force Base, Kennedy Space Center, and the area's expanding aerospace corridor, this property benefits from year-round rental demand. Two units have been tastefully renovated with modern kitchens, updated bathrooms, luxury vinyl flooring, recessed LED lighting, butcher block countertops, stainless steel appliances, fresh paint, and contemporary finishes, creating attractive turnkey units for today's tenants. The remaining two occupied units provide the next owner the opportunity to renovate over time, increasing rents and maximizing returns without sacrificing current income. The property offers generous parking, private outdoor space, dedicated storage and laundry areas, low-maintenance construction, and an excellent unit mix for long-term tenancy. Whether you're an experienced investor looking to expand your portfolio, an out-of-state buyer seeking a quality Florida asset, or completing a 1031 exchange, this property offers both immediate revenue and long-term appreciation potential. With continued growth fueled by the Space Coast's booming aerospace industry, tourism, cruise expansion, and limited multifamily inventory near the beach, opportunities like this are increasingly difficult to find. Income today. Appreciation tomorrow. Opportunity for years to come.

214 Madison Avenue, Cape Canaveral

$2,300,000
9 Beds 10 Baths 1082298 MLS
Rarely does a property of this caliber become available in the heart of Florida's Space Coast, offering a unparalleled combination of luxury, history and waterfront living. An extraordinary combination of luxury living, multigenerational flexibility and income-producing opportunities, this one-of-a-kind WATERFRONT ESTATE encompasses FOUR separate RESIDENCES situated on 133 feet of direct Indian River frontage! The centerpiece is a STUNNING custom-built home completed in 2022, featuring 3 BEDS | 3 BTH, PRIVATE ELEVATOR, 12 FT Ceilings, 9 FT Doors, hand-scraped Hardwood Flooring and breathtaking MILLION DOLLAR VIEWS. Designed for the culinary enthusiast, the gourmet kitchen showcases a WOLF GAS Range, Sub-Zero Refrigerator, Miele Coffee System, Wine Bar, custom cabinetry and brick accents that add warmth and character. Complementing the newer abode is a beautifully preserved Victorian home, offering 3 BEDS | 3.5 BTH, Vintage Furnishings and TIMELESS architectural charm. Adding to the property's exceptional appeal is a fully appointed Airbnb Cottage, offering both versatility and revenue potential. Featuring a nostalgic-inspired kitchen and a relaxing screened porch, this inviting retreat provides the perfect place to unwind while watching sailboats drift gracefully along the river. Also on this fabulous property, you will find a detached 3-CAR GARAGE topped by a spacious 1 BED furnished Apartment complete with a private patio. Altogether, this beautiful ESTATE offers 9 BEDS | 9.5 BTH across multiple living spaces, creating endless possibilities for investment, vacation rentals or multigenerational living. OUTDOOR AMENITIES are equally impressive, featuring a Private Covered Dock, 10K LB Boat Lift, spectacular Indian River views, and front-row seats to Florida's famous rocket launches! Turnkey and income-producing, this exceptional property offers a rare opportunity to own a waterfront compound within walking distance of the shops, restaurants, entertainment and charm that make Cocoa Village one of Florida's most sought-after destinations along the Space Coast.

241 Indian River Drive, Cocoa

$999,999
5 Beds 5 Baths 1071987 MLS
Significant opportunity - motivated sellers! Historic 3-Residence Estate Compound with Resort-Style Living! Rental income available upon request. Conventional and VA financing confirmed. Now featuring all new custom impact windows and a newly resurfaced pool, 130 Valencia Road is a once-in-a-lifetime offering: A masterfully restored 1926 castle-like estate where timeless architecture meets uncompromising modern infrastructure. Three separate residences sit within this remarkable estate compound, creating a rare opportunity for refined private living, multi-generational ownership, executive retreat environments, or continued income-producing residences. The main residence offers three bedrooms plus a flexible office, grand closet or bonus space, two and a half bathrooms, a luminous main-level sunroom, a centrally-located formal dining room with exterior access to veranda, and a private primary suite designed as a spa-inspired retreat. Historic character remains beautifully preserved through original oak and pine flooring and architectural details, while thoughtful upgrades provide the comfort and efficiency expected in modern luxury living. Set across the grounds are two fully independent one-bedroom, one-bath private residences, each offering complete living accommodations while maintaining the privacy and cohesion of the estate. This unique layout allows for separate living environments within one unified property, a configuration rarely found among historic estates. Since late 2024, the property has undergone a true capital reinvestment focused on complete system modernization rather than cosmetic updates. Major improvements include: Entirely new plumbing throughout the property Entirely new electrical systems Fully rebuilt kitchens with new appliances, cabinetry, and fixtures Upgraded LVP flooring in kitchens and bathrooms Carefully preserved original oak and pine flooring in main living areas $105,000 investment in custom impact windows Three newly installed tankless water heaters Spring-fed whole-property water purification system New AC systems in both guest residences Main roof (2019) and main AC system (2019) New laundry installations in both the main residence and garage The exterior has been professionally refinished with a specialized protective coating, complemented by fresh landscaping and an entirely new paver driveway and patio. At the heart of the estate lies a private resort-style backyard retreat, centered around a newly resurfaced pool and surrounded by multiple outdoor spaces designed for gathering, relaxation, and peaceful living. With multiple independent residences, generous indoor and outdoor gathering areas, and a tranquil residential setting, the property naturally lends itself to compound-style living, wellness-focused environments, executive retreat settings, or private estate ownership, while remaining equally suited for continued residential or income-producing use. Estate compounds offering three independent residences with historic character and modern infrastructure are exceptionally rare. 130 Valencia Road delivers the best of all worlds: the charm of a historic landmark, the reliability of modern construction, and the versatility of a three-residence estate designed for both lifestyle and long-term stability. This is not simply a restored home - it is a fully revitalized estate compound where architecture, privacy, wellness, and investment potential converge in one of the area's most distinctive offerings.

130 Valencia Road, Rockledge

$695,000
4 Beds 1 Baths 1066739 MLS
One property. Multiple income streams. Endless possibilities. Offered at $695,000, approx. $65,000 below its July 2025 appraised value, this fully furnished income compound is just minutes from Cocoa Village. Fully fenced, it offers 4 flexible spaces for owner-occupants, investors, Airbnb, business use, or a private family compound. Features 2 furnished 1BR residences, a detached rear cottage, & a climate-controlled warehouse w/ plumbing, electrical, HVAC & future conversion potential. Seller will lease the warehouse back for $1,000/mo for up to 2 years, creating immediate income. Rear cottage offers potential to be reconfigured into 2 studios (buyer to verify). Built in 2018 by a commercial contractor, the property features impact-rated windows & doors, 160-mph wind-load engineering, metal roofing, commercial-grade infrastructure & concrete parking. Turnkey opportunity w/ immediate cash flow, exceptional flexibility & long-term upside. The entire property was wind-load engineered as a hurricane-resistant structure rated to 160 mph, featuring impact-rated doors, windows, and roof. Construction highlights include commercial-spec electrical conduit and switch gear, Trane high-efficiency central AC systems with transferable warranties, LED lighting throughout, concrete paving across the parking area, and a city-supplied reuse-water irrigation system. The oversized 1,300+ sq ft RV/garage structure under air includes 50-amp RV and welding circuits, RV sewer tap, interior water hookups, generator transfer switch, dual garage door access, and a 5-ton York AC systemmaking it a standout asset for investors seeking flexible conversion or specialty use. Located moments from Cocoa Village's dining, boutique shopping, live music, art shows, and community events, this property blends modern construction, location appeal, and future upside into one rare offering.

222 Rosa L Jones Drive, Cocoa

$1,700,000
8 Beds 7 Baths O6318947 MLS
Listed $225,000 below appraised value. 9.56% cap rate, financials available. Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. Listed below appraised value The Juni is a fully renovated & fully furnished boutique short term rental complex located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it’s the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Drift” a 13 unit boutique hotel a block away. 637 S Orlando Ave Cocoa Beach, FL.

402 S Orlando Avenue, Cocoa Beach

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