Date
Details
Price
Change
Source
5/14/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,500,000 Just Listed
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Property Description
8 unit multifamily asset offering immediate income, operational flexibility, and clear upside. All leases are month to month, giving the next owner flexibility to adjust rents, improve terms, renovate strategically, or reposition the asset over time. The unit mix includes five 1 bedroom, 1 bath units and three 2 bedroom, 1 bath units, serving a strong tenant pool and supporting long term rental demand. Major capital items have already been addressed, including a 7 year old roof, newer AC systems, updated electrical, and a recently repaved parking lot. With flexible lease terms, a marketable unit mix, and major updates already completed, this is a strong opportunity to acquire an 8 unit multifamily property with immediate rental income and room to grow.
Full Property Details
Full Property Details for 595 Cinnamon Dr
General
- Price: $1,500,000
- Taxes: $16,224 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: BrevardCounty
- MLS ID: 1077379
- Updated: 5/14/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Laundry
Interior
- Flooring: Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 8
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Parking Features: Assigned, Parking Lot
Location
- Area: 381 - N Satellite Beach
- County: Brevard
- Subdivision: Michigan Beach Replat of Part of 3rd Add To
- Driving Directions: Highway A1A N/S to Cinnamon Dr. Turn West on Cinnamon Dr. 2nd to last building on the south side of the street before you arrive at South Patrick Drive
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Structural Information
- Exterior Const.: Block, Concrete
- Roof: Shingle, Tile
- Stories/Levels: 1
- Square Feet: 5,550
- Sq. Ft. Source: Public Records
- Living Area: 5,550 Sq. Ft.
- Current Bldg. Use: Investment, Multi-Family
- Year Built: 1963
Unit Information
- Units in Building: 8
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,552.8
- Frontage: City Street
- Lot Features: Zero Lot Line
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $270.27
- Tax Amount: $16,224.2
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Cable TV, Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Repairs, Roof Maintenance, Trash Collection, Water
- Tenant Pays: Electricity, Insurance
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 26-37-35-55-0000f.0-0011.00
Listed by LPT Realty, LLC
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Listing agent
— 595 Cinnamon Dr —
LPT Realty, LLC
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Schools
Schools serving 595 Cinnamon Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Surfside Elementary School 475 Cassia Boulevard, Satellite Beach, FL 32937 | K-6 | 0.2 mi |
Satellite Senior High School 300 Scorpion Court, Satellite Beach, FL 32937 | 9-12 | 1.1 mi |
Delaura Middle School 300 Jackson Avenue, Satellite Beach, FL 32937 | 7-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 595 Cinnamon Dr
Tax History
Tax History for 595 Cinnamon Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,124
-3%
$1,231,200
—
2024
$15,585
2%
$1,231,200
—
2023
$15,208
63%
$1,231,200
189%
2021
$9,315
-7%
$425,680
-24%
2022
$10,035
8%
$561,120
38%
2021
$9,315
6%
$405,410
8%
2018
$8,792
11%
$375,000
5%
2017
$7,897
6%
$357,000
10%
2016
$7,442
-18%
$325,000
-19%
2019
$9,117
29%
$400,550
40%
2015
$7,072
9%
$286,000
10%
2014
$6,470
3%
$260,000
3%
2013
$6,275
—
$252,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 595 Cinnamon Dr
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- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 4Total Baths
- 2,695Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,924Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,846Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,000Sq. Ft.
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- Condo
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 2,400Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,720Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,840Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 4Total Baths
- 2,837Sq. Ft.
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- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,582Sq. Ft.
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,131Sq. Ft.
595 Cinnamon Drive, Satellite Beach, FL 32937 (MLS# 1077379) is a Commercial Multi-Family property. 595 Cinnamon Drive is currently listed for $1,500,000 and was received on May 14, 2026. Want to learn more about 595 Cinnamon Drive? Do you have questions about finding other Commercial Multi-Family real estate for sale in Satellite Beach? You can browse all Satellite Beach real estate or contact a Coldwell Banker agent to request more information.