115 Praetorius Lane, Cape Canaveral, FL 32920
$1,200,000
Property Type:
Residential Income
Square Footage:
2,919
Lot Size (sq. ft.):
139,828
Status:
Closed
Current Price:
$1,200,000
List Date:
7/17/2021
Last Modified:
10/23/2024
Description
Authentic ''Old Florida'' setting with Palms, Avocados and Mangos in a Desirable Cape Canaveral beachside A1A/N Atlantic Ave corridor location. This is a great investment opportunity with approximately .64 acres C-1 commercial (at the eastern boundary) and 2.6 R-1 residential sites. River shore frontage area is(+/- 40FT) X 750FT) The three existing dwellings on the site are currently rented out. Located at the end of Banana River Dr. leaving potential for a main entrance on that side of the property. There is three possible access points to this property making easy to subdivide into multiple lots. This property is located close to the Port Canaveral, the beaches, restaurants, services, and 520. Lots of opportunity.
More Information MLS# 910650
Location, Tax, and Legal
Tax Account: 2436270
Parcel Number: 24-37-26-Ch-00000.0-0021.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 6199.96
Tax Year: 2020
Tax Legal Description: BANANA RIVER ESTATES LOTS 21, 22 & 23 & THE S 100 FT OF W 165.08 FT OF GOVT LOT 1 EXC ORB 541 PG 912, 1743 PG 749 & HWY
Directions: East A1A to Praetorius Lane
General Property Information
Number Of Units Total: 3
Living Area: 2663
Living Area Source: Public Records
Building Area Total: 2919
Lot Size Acres: 3.21
Lot Size Square Feet: 139828
Association YN: No
Garage YN: No
Property Use: res/c
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Water Body Name: Banana River
Open Parking Spaces: 0
Parking Total: 0
Water Frontage Feet: 0
Use Code: 08 / THREE OR FOUR L
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 563.27
Sold Price/SqFt: 450.62
Year Built: 1963
Remarks and Miscellaneous
Public Remarks: Authentic ''Old Florida'' setting with Palms, Avocados and Mangos in a Desirable Cape Canaveral beachside A1A/N Atlantic Ave corridor location. This is a great investment opportunity with approximately .64 acres C-1 commercial (at the eastern boundary) and 2.6 R-1 residential sites. River shore frontage area is(+/- 40FT) X 750FT) The three existing dwellings on the site are currently rented out. Located at the end of Banana River Dr. leaving potential for a main entrance on that side of the property. There is three possible access points to this property making easy to subdivide into multiple lots. This property is located close to the Port Canaveral, the beaches, restaurants, services, and 520. Lots of opportunity.
Appliances
Other: 1
Closing Company Details
Closing Company Name: 390 S. Courtenay Pkway
Merritt Island, FL 32952
Closing Company Address: Title Solutions
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Wood Siding: 1
Cooling
Wall/Window Unit(s): 1
Other: 1
Flooring
Other: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Easement Access: 1
Few Trees: 1
Parking Features
On Street: 1
RV Access/Parking: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Repairs: 1
Other: 1
Roof
Shingle: 1
Other: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Showing Requirements
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Source-Data Limited: Y, Number of Buildings: 3 Buildings
Contract Information
Current Price: $1,200,000
Original List Price: 1500000
Sold Price: $1,200,000
Status: Closed
Listing Contract Date: 2021-07-16
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 115
Street Name: Praetorius
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Status Change Information
Major Change Timestamp: 2021-11-20T03:42:19Z
Major Change Type: Status Change
Status Change Timestamp: 2021-11-19
Purchase Contract Date: 2021-07-22
Close Date: 2021-11-12
Close Price: 1200000
Property Features
Appliances: Other
Construction Materials: Block; Concrete; Frame; Stucco; Wood Siding
Cooling: Wall/Window Unit(s); Other
Flooring: Other
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Dead End Street; Easement Access; Few Trees
Owner Pays: Repairs; Other
Parking Features: On Street; RV Access/Parking
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle; Other
Special Listing Conditions: Standard
Utilities: Sewer Available; Water Available
Water Source: Public
Waterfront Features: River Front
Showing Considerations: Occupied
Showing Requirements: Call Listing Office
Listing Office:
Landshark Realty
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.