0 UndisclosedCape Canaveral, FL 00000
- Residential income properties
Property Details for 0 Undisclosed
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional value-add opportunity presents a 7-unit apartment building in Cape Canaveral, Florida, listed at $1,400,000 with a compelling 5.70% cap rate. The property boasts a gross annual revenue of $103,200 and annual expenses of $20,252, offering significant potential for increased profitability. The two-story building comprises seven units, presenting a strong foundation for future growth and value appreciation. Its prime location offers unparalleled convenience, situated just two minutes from the ocean and fifteen minutes from the nearest airport. A variety of amenities are within walking distance, including museums, tourist attractions, and restaurants. The property's proximity to a major Air Force Base (20 minutes away) further enhances its investment appeal. This is a rare chance to acquire a well-positioned multifamily property in a thriving coastal community with substantial upside potential. The address is undisclosed for confidentiality reasons. The property is being sold as-is. Serious inquiries only.
Location Insight
- City
- Cape Canaveral
- County
- Brevard
- State
- Florida
- Latitude
- 28.3881
- Longitude
- -80.6056
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].