About 116 Lincoln Avenue 116-118
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.
Features of 116 Lincoln Avenue 116-118
| MLS® # | O6304530 |
|---|---|
| Price | $380,000 |
| Sold Price | $308,000 |
| Sold Date | August 1st, 2025 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,350 |
| Acres | 0.14 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Sold |
Listing Details
| Office | FLORIDA HOMES & LOANS INC. |
|---|
Listing Map
Neighborhood Information for 116 Lincoln Avenue 116-118
Close to Military Facility(ies), Stable Population, Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Cape View Elementary School Public - Preschool to 6Th Grade - Closest Elementry School |
1 Miles | |
|
Our Saviour School Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Audubon Elementary School Public - Preschool to 6Th Grade |
4 Miles | |
|
Robert L. Stevenson Elementary School Public - Kindergarten to 6Th Grade |
4 Miles | |
|
Theodore Roosevelt Elementary School Public - Kindergarten to 6Th Grade |
5 Miles | |
|
|
Cocoa Beach Junior/Senior High School Public - 7Th Grade to 12Th Grade - Closest High School |
5 Miles | |
|
|
Freedom 7 Elementary School Of International Studies Public - Kindergarten to 6Th Grade |
5 Miles |
School data provided by GreatSchools