For Sale
$2,145,000
201 Pierce Ave Cape Canaveral, FL 32920
13-Unit Rental Property, High Cash Flow
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 13-unit multifamily portfolio in Cape Canaveral, including 13 apartments/duplexes at 201, 203, & 205 Pierce Ave; 7108, 7110A, 7110B (vacant), & 7110C Poinsetta Ave; and 200, 204, 7104A, 7104B, 208, & 212 Buchanan Ave.
- Current gross income: $177,600; Market rate proforma gross income: $228,200.
- Excellent cash flow opportunity with only one vacant unit.
- Below-market rents offer significant upside potential.
- Prime location near beaches in a short-term rental friendly area.
Property Details for 201 Pierce Ave
- Property type
- Residential income homes
- Square Feet
- 6,490 SF
- Class
- C
- Buildings
- 6
- Stories
- 1
- Lot Size (sq. ft)
- 37,897 SF
- Units
- 13
Location Insight
- City
- Cape Canaveral
- County
- Brevard
- State
- Florida
- Latitude
- 28.382
- Longitude
- -80.603924
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - 13-Unit Rental Property, High Cash Flow
- Where is the residential income home located?
- The property is located at 201 Pierce Ave Cape Canaveral, FL.
- What is the asking price?
- The asking price for this property is $2,145,000.
- What are key features of this property?
- This property features: 13-unit multifamily portfolio in Cape Canaveral, including 13 apartments/duplexes at 201, 203, & 205 Pierce Ave; 7108, 7110A, 7110B (vacant), & 7110C Poinsetta Ave; and 200, 204, 7104A, 7104B, 208, & 212 Buchanan Ave.; Current gross income: $177,600; Market rate proforma gross income: $228,200.; Excellent cash flow opportunity with only one vacant unit.
- How can I contact the broker?
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