630 Adams Ave - Apartments FOR SALE


Cape Canaveral, FL 32920
$5,400,000 USD
321-349-5068
630 Adams Ave, Cape Canaveral, FL for Sale
$5,400,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

630 Adams Ave
Cape Canaveral, FL 32920


HIGHLIGHTS

  • Ocean View

OVERVIEW

Excellent Investment opportunity in this 18-unit multifamily income producing property. Perfectly positioned in Cape Canaveral, Cape View Apartments is one lot from direct beach access & walking distance to restaurants, parks, and port Canaveral attractions. This two-story, solid concrete block complex includes seventeen 400 to 600 square foot 1 bedroom, 1 bath rental units w/ ocean views, plus a 2 story, primary suite with panoramic ocean views from every room. Bring your inspiration to design as a renovation will give the opportunity to condo out the property or turn into a boutique luxury apartment complex. Zoned R-3, this .29-acre property can be used for long term or short-term rentals. This is a great investment opportunity with a wide berth of options. Show by appointment only.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$492 USD /SF

# OF UNITS

18

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cape View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R3

APN/PARCEL ID

24-37-23-CG-00006.0-0009.00

ASK ABOUT THIS PROPERTY

James EdmundsONE Sotheby's International RealtyMore Info
321-349-5068

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James EdmundsONE Sotheby's International RealtyMore Info
321-349-5068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.