8110 Canaveral Boulevard, Cape Canaveral, FL 32920

$1,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1007284

Property Type: Residential Income Bedrooms: 7 Baths: 5 Square Footage: 5,092 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $1,050,000 List Date: 3/08/2024 Last Modified: 5/24/2026

Overview

Description

Beachside turnkey Fiveplex with 5 large fully remodeled units, 5,092 sqft of living area and just half a mile to the beach. This concrete block porperty has C-1 zoning which allows NIGHTLY rentals. Rare find! Potential annual rental income with long term tenants: $100K-$120K, AirnBnb: $220K-$240K. 2 -2 bedrooms/1 Bath units and 3 -1 Bedroom /1 Bath units, and 2 of these are extremely large and can easily be converted into 2 bed units creating more revenue. Shared income producing laundry area and rear courtyard area. Strategically located just one block from A1A which is full of amenities and dining options, a mere 7-minute drive away to Cocoa Beach Pier, Ron Jon's and other area attractions. Roof 2018, newer electrical panels,front parking area was recently repaved.Each unit is individually metered with 5 Florida Power &Light (FPL) meters, offering convenience and efficiency.With no major repairs left to be performed is ready to became a long term investment property to new owners.

Listing Details MLS# 1007284

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 5
Bedrooms Total: 7
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 5092
Living Area Source: Public Records
New Construction YN: No
Year Built: 1965
Garage YN: No
Carport YN: No
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Direction Faces: North
Pool Private YN: No
Senior Community YN: No
List Price/SqFt: 251.18
Sold Price/SqFt: 206.21

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Multi-Family Exterior Features: Courtyard Fencing: Back Yard Flooring: Laminate; Tile Heating: Central Laundry Features: Common Area; Electric Dryer Hookup; Lower Level Listing Terms: Cash; Conventional Lot Features: Other Owner Pays: Common Area Maintenance; Exterior Maintenance; Pest Control; Repairs; Taxes; Trash Collection; Water Parking Features: Shared Driveway; Unassigned Pool Features: None Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Utilities: Cable Available; Electricity Available; Electricity Connected; Separate Electric Meters; Sewer Available; Sewer Connected; Water Available; Water Connected View: Other Water Source: Public

Contract Information

Original List Price: 1279000
Listing Contract Date: 2024-03-08
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 8110
Street Name: Canaveral
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Subdivision Name: Cape Canaveral Beach Gdns Unit 2

Remarks and Miscellaneous

Public Remarks: Beachside turnkey Fiveplex with 5 large fully remodeled units, 5,092 sqft of living area and just half a mile to the beach. This concrete block porperty has C-1 zoning which allows NIGHTLY rentals. Rare find! Potential annual rental income with long term tenants: $100K-$120K, AirnBnb: $220K-$240K. 2 -2 bedrooms/1 Bath units and 3 -1 Bedroom /1 Bath units, and 2 of these are extremely large and can easily be converted into 2 bed units creating more revenue. Shared income producing laundry area and rear courtyard area. Strategically located just one block from A1A which is full of amenities and dining options, a mere 7-minute drive away to Cocoa Beach Pier, Ron Jon's and other area attractions. Roof 2018, newer electrical panels,front parking area was recently repaved.Each unit is individually metered with 5 Florida Power &Light (FPL) meters, offering convenience and efficiency.With no major repairs left to be performed is ready to became a long term investment property to new owners.

Status Change Information

Major Change Timestamp: 2024-07-23T18:11:56Z
Major Change Type: Status Change
Status Change Timestamp: 2024-07-23
Purchase Contract Date: 2024-06-19
Close Date: 2024-07-19
Close Price: 1050000

More Information

Closing Company Details

Closing Company Name: Liberty Title
Closing Company Address: 720 West Ave Cocoa FL 32927

Unit 1 Details

Unit ID: Yes
Actual Rent: 1625
Unit SqFt: 768
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: month to month lease in place

Unit 2 Details

Unit ID: 2
Unit SqFt: 846
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Potential monthly rental: $2,300 - $2,400

Unit 3 Details

Unit ID: 3
Unit SqFt: 996
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Potential monthly rental: $1,700 - $1,900

Unit 4 Details

Unit ID: 4
Unit SqFt: 936
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Potential monthly rental: $1,700 - $1,900

Unit 5 Details

Unit ID: 5
Actual Rent: 1250
Unit SqFt: 759
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: month to month lease in place

Listing Office: aReal Estate Service Team

Last Updated: May - 24 - 2026

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