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8110 Canaveral Boulevard, Cape Canaveral, FL 32920
$800,000
8110 Canaveral Boulevard, Cape Canaveral, FL 32920View this property at 8110 Canaveral Boulevard, Cape Canaveral, FL 32920
8110 Canaveral BoulevardCape CanaveralFL32920
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Property Description
NO RENTAL RESTRICTIONS on this 5 unit property a short walk to the beach, C-1 Zoning! Nightly rentals OK! Priced to sell! Five Unit 5092 sq. ft. Block Construction apartment complex consisting of 2 Two Bedrooms / 1 Bath units and 3 One Bedroom / 1 Bath units. LOCATION ~ Close proximity to Major Employers (Space, Defense, Tourism). Short walk to the Beach and a short distance to major roadways (528, 520 and A1A) and International Airports. Currently 100% OCCUPANCY with a high historical occupancy rate. PROPERTY CONDITION ~ Property is in great shape and inspection reports for each unit are available. Newer roof (2018). 2 units have nicely updated kitchens/bathrooms. Cash or 1031 only. Drive-bys allowed, but do not step onto the property & do not disturb the tenants. Potential 10 cap.... with a few updates! 2018 Asphalt shingle roof. Newer Electrical GE panels throughout. Ability to achieve over a 7% CAP rate (RENTING LONG TERM) by bringing rents up to market levels with little capital infusion required. Some Units with updated HVAC systems. Access to the property will be granted during due diligence period.
Full Property Details
Full Property Details for 8110 Canaveral Blvd
General
- Sold For: $800,000
- Taxes: $6,637 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 966532
- Added to Site: 384 day(s) ago
Interior
- Appliances: Electric Range, Microwave, Refrigerator
- Flooring: Carpet, Laminate, Tile
Location
- Area: 271 - Cape Canaveral
- County: Brevard
- Subdivision: Cape Canaveral Beach Gdns Unit 2
- Driving Directions: From 520, go north on A1A, turn right on to N Atlantic Ave. At the light, turn right on to Canaveral Blvd. Property is just past 7-11 on the left.
School Information
- Elementary School: Cape View
- Middle School: Cocoa Beach
- High School: Cocoa Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Available
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Square Feet: 5,092
- Living Area: 5,092 Sq. Ft.
- Year Built: 1965
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Sq. Ft.: $181.66
- Tax Amount: $6,637.56
- Tax Year: 2022
- Terms: Cash
- Owner Pays: Grounds Care, Insurance, Pest Control, Repairs, Sewer, Taxes, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
- Legal Description: CAPE CANAVERAL BEACH GDNS UNIT 2 PART OF LOTS 2, 3 BLK 3 AS DES IN ORB 718 PG 396
- Property ID: 24-37-14-51-00003.0-0002.01
Listed by CENTURY 21 Ocean
Sold by EXP Realty LLC
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Schools
Schools serving 8110 Canaveral Blvd
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8440 Rosalind Ave, Cpe Canaveral, FL 32920 | PK-6 | 0.3 mi | |
1500 Minutemen Cswy, Cocoa Beach, FL 32931 | 7-12 | 5.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8110 Canaveral Blvd
Date
Details
Price
Change
Source
12/06/2023
Sold
$800,000
-13.51%
MLS
10/09/2023
Price Reduced
$925,000
-7.41%
MLS
9/01/2023
Price Reduced
$999,000
-8.77%
MLS
8/15/2023
Price Reduced
$1,095,000
-4.78%
MLS
6/29/2023
Price Reduced
$1,150,000
-4.17%
MLS
5/26/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8110 Canaveral Boulevard, Cape Canaveral, FL 32920 (MLS# 966532) is a Multi-Family property that was sold at $800,000 on December 06, 2023. Want to learn more about 8110 Canaveral Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Cape Canaveral? You can browse all Cape Canaveral real estate or contact a Coldwell Banker agent to request more information.