8110 Canaveral Boulevard, Cape Canaveral, FL 32920
$1,050,000
Property Type:
Commercial Sale
Baths:
5
Square Footage:
5,092
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$1,050,000
List Date:
5/17/2024
Last Modified:
11/02/2024
Overview
Description
Listing Details MLS# 1014215
General Property Information
- Number Of Units Total
- 5
- Stories Total
- 2
- Bathrooms Total
- 5
- Building Area Total
- 5092
- Year Built
- 1965
- Lot Size Acres
- 0.23
- Water Body Access YN
- No
- List Price/SqFt
- 251.18
- Sold Price/SqFt
- 206.21
Property Features
Building Features:
Laundry
Construction Materials:
Block; Frame
Cooling:
Ceiling Fan(s); Central Air
Current Use:
Multi-Family
Existing Lease Type:
Other
Fencing:
Back Yard
Flooring:
Laminate; Tile
Heating:
Central
Listing Terms:
Cash; Conventional
Lot Features:
Cleared; Few Trees
Parking Features:
Parking Lot
Possession:
Close Of Escrow
Road Frontage Type:
City Street
Roof:
Shingle
Sale Includes:
Building & Land
Sewer:
Public Sewer
Showing Requirements:
Appointment Only; Call Listing Agent
Utilities:
Cable Available; Electricity Connected; Separate Electric Meters; Sewer Available; Water Connected
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
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
- 2024-07-23T18:11:14Z
- 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
Unit 1 Details
- Unit ID
- Yes
- Annual Rent
- 25200
- Unit SqFt
- 1100
- # Units (This Type)
- 2
- Furnished
- Unfurnished
- Unit Remarks
- buyer to verify square footage
Unit 2 Details
- Unit ID
- 2
- Annual Rent
- 25200
- Unit SqFt
- 1100
- # Units (This Type)
- 2
- Furnished
- Unfurnished
- Unit Remarks
- buyer to verify square footage
Unit 3 Details
- Unit ID
- 3
- Annual Rent
- 21600
- Unit SqFt
- 1000
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- buyer to verify square footage
Unit 4 Details
- Unit ID
- 4
- Annual Rent
- 21600
- Unit SqFt
- 1200
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- buyer to verify square footage
Unit 5 Details
- Unit ID
- 5
- Annual Rent
- 21600
- Unit SqFt
- 1000
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- buyer to verify square footage 2
Listing Office:
aReal Estate Service Team
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.