7105 Poinsetta Ave - Apartments FOR SALE


Cape Canaveral, FL 32920
$1,600,000 USD
321-613-8550
7105 Poinsetta Ave, Cape Canaveral, FL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

7105 Poinsetta Ave
Cape Canaveral, FL 32920


HIGHLIGHTS

  • Orlando Sprawl to closest beach
  • Multifamily Live work with passive income
  • Stroll to beaches
  • Near to Port Canaveral and Space Center
  • Consistant income producing property
  • 45 minutes to Orlando International Airport

OVERVIEW

Potentially 6 unit property with 4 x one bedroom (approximately 525 sq ft) 1 x three bedroom 1.5 bath house with retail bay attached. The retail bay perfect for an office, another one bedroom unit or a double garage for the home. This property is versatile. Presently, used for long term rentals but perfect size for an Inn, AirBnB or owner occupied with passive income. Orlando sprawl to beach communities, tourism and local port and Space Center contractors feed the rental market here, along with some of the most beautiful beaches within a stroll from the property. Laundry room provides additional income. This property is a cash cow. We are seeking serious buyers only. Preferably, experienced 1031 exchange participants. This is a cash deal. This property has never flooded yet is so close to beaches which provides the owner with better insurance and peace of mind. Power is separate and each tenant has its own private yard. Privacy fencing adds to this experience. Property is wired for cameras. This is a low crime area of Cape Canaveral and this building enjoys a good reputation. DO NOT DISTURB TENANTS. If you are interested in the propety arrangement can be made to speak to them after vetting has taken place.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$406 USD /SF

# OF UNITS

5

PRICE/UNIT

$320,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C1

APN/PARCEL ID

24-37-23-CG-00061.0-0015.00

ASK ABOUT THIS PROPERTY

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321-613-8550

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Marco LerraShops On 5th Avenue, LLCMore Info
321-613-8550

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