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Listed by One Sotheby's Int'l Realty
$ 5,400,000
Est. payment | /mo
1 Bath
8,720 SqFt
$ 5,400,000
Est. payment | /mo
1 Bath
8,720 SqFt
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 8,720 sqft
Price per Sqft $619
Subdivision Avon By The Sea
MLS Listing ID RX-11020953
Construction Status Resale
Year Built 1962
Annual Tax Amount $15,427
Tax Year 2022
Lot Size 0.290 Acres
Property Description
Excellent Investment opportunity in this 18-unit multifamily income producing property. Perfectly positioned in Cape Canaveral, Cape View Apartments is one lot from direct beach access & walking distance to restaurants, parks, and port Canaveral attractions. This two-story, solid concrete block complex includes seventeen 400 to 600 square foot 1 bedroom, 1 bath rental units w/ ocean views, plus a 2 story, primary suite with panoramic ocean views from every room. Bring your inspiration to design as a renovation will give the opportunity to condo out the property or turn into a boutique luxury apartment complex. Zoned R-3, this .29-acre property can be used for long term or short-term rentals. This is a great investment opportunity with a wide berth of options. Show by appointment only.
Location
State FL
County Brevard
Area 5940
Zoning R-3
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Tile
Fireplaces Type Sprinkler
Exterior
Utilities Available Electric, Water Available
Waterfront Description None
Roof Type Other
Building
Story 10910.00
Foundation Block, Concrete
Construction Status Resale
Others
Security Features Security Light
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Evan Sophir