115 Praetorius Lane, Cape Canaveral, FL 32920

$1,200,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/910650

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

Overview

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.

Listing Details MLS# 910650

General Property Information

Number Of Units Total: 3
Living Area: 2663
Living Area Source: Public Records
Building Area Total: 2919
Year Built: 1963
Garage YN: No
Carport YN: No
Lot Size Acres: 3.21
Lot Size Square Feet: 139828
Association YN: No
Property Use: res/c
Use Code: 08 / THREE OR FOUR L
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Pool Private YN: No
List Price/SqFt: 563.27
Sold Price/SqFt: 450.62
Garage Spaces: 0
Carport Spaces: 0
Open Parking Spaces: 0
Parking Total: 0
Water Frontage Feet: 0

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

Contract Information

Original List Price: 1500000
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

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.

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

More Information

Closing Company Details

Closing Company Name: 390 S. Courtenay Pkway Merritt Island, FL 32952
Closing Company Address: Title Solutions

Historical Information

Public Historical Remarks 3: Source-Data Limited: Y, Number of Buildings: 3 Buildings

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

Appliances

Other: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes
Stucco: Yes
Wood Siding: Yes

Cooling

Wall/Window Unit(s): Yes
Other: Yes

Flooring

Other: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Dead End Street: Yes
Easement Access: Yes
Few Trees: Yes

Parking Features

On Street: Yes
RV Access/Parking: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Owner Pays

Repairs: Yes
Other: Yes

Roof

Shingle: Yes
Other: Yes

Special Listing Conditions

Standard: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Water Source

Public: Yes

Waterfront Features

River Front: Yes

Showing Requirements

Call Listing Office: Yes

Showing Considerations

Occupied: Yes

Listing Office: Landshark Realty

Last Updated: October - 23 - 2024

Information is deemed to be reliable, but is not guaranteed.