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$1,450,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Units
  • 0.16 Acres
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Beachside Investment Opportunity - Fully Renovated 8-Unit Multifamily Property Just steps from the beach, this fully renovated 8-unit property presents an exceptional investment opportunity in a prime location. Fully renovated in 2020 down to the studs, this property is turn-key, fully tenant-occupied, and ready to generate income immediately. The property features 2 spacious 3-bedroom units, 3 well-sized 2-bedroom units, and 3 cozy 1-bedroom units. Each unit has its own private exterior entry, providing added privacy and convenience, along with ample parking for residents. Located just a short walk to the beach and a quick drive to Port Canaveral and Cocoa Beach, this property offers the perfect blend of beachside living and easy access to local attractions. Its high-quality renovations and prime location make it an ideal addition to any investment portfolio. Don't miss out on this incredible opportunity to own a fully updated multifamily property in one of the most sought-after beach areas in the region!

Full Property Details for 7521 Magnolia Ave

General

  • Price: $1,450,000
  • Taxes: $14,379 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1039315
  • Updated: 10/16/2025
  • Added to Site: 318 day(s) ago

Interior

  • Furnishings: Unfurnished

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 15

Other Rooms

  • Laundry: Common Area

Exterior

  • Exterior Features: Impact Windows

Parking

  • Parking Features: Parking Lot

Location

  • Area: 271 - Cape Canaveral
  • County: Brevard
  • Subdivision: Avon By The Sea
  • Driving Directions: From A1A/Harrison Ave, head east on Harrison Ave. Turn south on to Magnolia Ave, and arrive at property on the right.
  • Direction Faces: South

School Information

  • Elementary School: Cape View
  • Middle School: Cocoa Beach
  • High School: Cocoa Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s), Split System
  • Heating Type: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Concrete
  • Roof: Membrane, Shingle
  • Stories/Levels: 3
  • Square Feet: 4,906
  • Living Area: 4,906 Sq. Ft.
  • Current Bldg. Use: Multi-Family
  • Year Built: 1962

Unit Information

  • Units in Building: 8

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Fencing (Description): Wood

Financial Considerations

  • Price Per Sq. Ft.: $295.56
  • Tax Amount: $14,379.5
  • Tax Year: 2024
  • Terms: Cash, Conventional, Owner May Carry, Private Financing Available, Other
  • Tenant Pays: Electricity

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 24-37-23-Cg-00043.0-0015.01

Listed by Blue Marlin Real Estate

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Listing agent

— 7521 Magnolia Ave —

  • Blue Marlin Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7521 Magnolia Ave

School District:Brevard County School District
NameGradesDistance
Cape View Elementary School
8440 Rosalind Avenue, Cape Canaveral, FL 32920
PK-60.6 mi
Cocoa Beach Junior/Senior High School
1500 Minutemen Causeway, Cocoa Beach, FL 32931
7-125 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7521 Magnolia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$1,450,000
-3.33%
MLS
3/06/2025
Listed
$1,500,000
300%
MLS
3/27/2019
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7521 Magnolia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,803
-1%
$1,057,320
—
2024
$13,961
-1%
$1,057,320
—
2023
$14,041
14%
$1,057,320
5%
2022
$12,360
348%
$1,005,000
408%
2021
$2,756
-2%
$197,880
—
2020
$2,819
-5%
$197,880
-2%
2019
$2,972
-43%
$202,560
-37%
2018
$5,196
3%
$320,000
6%
2017
$5,056
9%
$302,000
12%
2016
$4,631
6%
$270,000
12%
2015
$4,386
7%
$242,000
10%
2014
$4,092
4%
$220,000
8%
2013
$3,930
—
$203,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Blue Marlin Real Estate

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Listed by Nick Farinella

7521 Magnolia Avenue, Cape Canaveral, FL 32920 (MLS# 1039315) is a Multi-Family property with 8 units containing 15 bedrooms and 8 full bathrooms. 7521 Magnolia Avenue is currently listed for $1,450,000 and was received on March 06, 2025. Want to learn more about 7521 Magnolia Avenue? 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.

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