$1,475,000
Cape Canaveral, FL 32920
MLS# 977228
Status: Closed
10 beds | 10 baths | 6016 sqft
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Property Description
Exceptional income-producing property just 3 blocks from the beach. This well maintained building has 5 units, each offering 2 spacious bedrooms upstairs as well as full bath, and 1/2 downstairs. The units underwent extensive renovations in 2021, featuring granite, high quality laminate & tile flooring, new appliances and fabulous kitchens. Every unit is equipped with its own private laundry facility, fenced backyard ensuring convenience and privacy. Additionally the corner units offer bonus side yards for added outdoor space. The property provides ample parking for up to 3 cars per unit. For those with an eye on investment, this prime location is appealing to many opportunities! Airbnb each unit for potential income for each unit of over $4k each per month. Owner may consider holding 2nd for potential investors. (NOTE: Seller willing to place Tenants for Lender needs)
Details
Maps
Location, Tax, and Legal
Tax Account: 2429892
Parcel Number: 24-37-14-51-00004.0-0013.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 10346.6
Tax Year: 2022
Tax Legal Description: CAPE CANAVERAL BEACH GDNS UNIT 2 LOT 13 BLK 4
Directions: A1A to North on North Atlantic to right on Canaveral Blvd. Right on Chandler, property on the left.
General Property Information
Number Of Units Total: 5
Bathrooms Half: 5
Living Area: 6016
Living Area Source: Other
Building Area Total: 6016
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Open Parking Spaces: 15
Use Code: 08 / MULTIPLE LIVING
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 264.3
Sold Price/SqFt: 245.18
Bedrooms Total: 10
Bathrooms Total: 10
Bathrooms Full: 5
Year Built: 1981
Remarks and Miscellaneous
Public Remarks: Exceptional income-producing property just 3 blocks from the beach. This well maintained building has 5 units, each offering 2 spacious bedrooms upstairs as well as full bath, and 1/2 downstairs. The units underwent extensive renovations in 2021, featuring granite, high quality laminate & tile flooring, new appliances and fabulous kitchens. Every unit is equipped with its own private laundry facility, fenced backyard ensuring convenience and privacy. Additionally the corner units offer bonus side yards for added outdoor space. The property provides ample parking for up to 3 cars per unit. For those with an eye on investment, this prime location is appealing to many opportunities! Airbnb each unit for potential income for each unit of over $4k each per month. Owner may consider holding 2nd for potential investors. (NOTE: Seller willing to place Tenants for Lender needs)
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Closing Company Details
Closing Company Address: TBD
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Other: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Heating
Central: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Parking Features
Additional Parking: 1
Assigned: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Scheduled Income: 108000
Owner Pays
Insurance: 1
Taxes: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Electricity: 1
Hot Water: 1
Sewer: 1
Unit 1 Details
Unit ID: 226
Actual Rent: 1800
Unit SqFt: 1203
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Corner unit, large fenced yard, AC 2019, Roof 2010
Unit 2 Details
Unit ID: 228
Actual Rent: 1800
Unit SqFt: 1203
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Fenced yard, AC replaced 2019, Roof 2010
Unit 3 Details
Unit ID: 230
Actual Rent: 1800
Unit SqFt: 1203
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Fenced Yard, AC replaced 2012, Roof 2010
Unit 4 Details
Unit ID: 232
Actual Rent: 1800
Unit SqFt: 1203
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Fenced Yard, AC replaced 2017, Roof 2017
Unit 5 Details
Unit ID: 234
Actual Rent: 1800
Unit SqFt: 1203
Beds Total: 2
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Corner unit with fenced yard, AC 2016, Roof 2010
Utilities
Cable Available: 1
Electricity Not Available: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Historical Information
Public Historical Remarks 3: Site Location-Near Seaport: Y, Number of Buildings: 1 Building
Contract Information
Current Price: $1,475,000
Original List Price: 1785000
Sold Price: $1,475,000
Status: Closed
Listing Contract Date: 2023-10-09
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 230
Street Name: Chandler
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Subdivision Name: Cape Canaveral Beach Gdns Unit 2
Status Change Information
Major Change Timestamp: 2024-06-27T17:51:12Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-06T22:04:43Z
Status Change Timestamp: 2024-06-27
Purchase Contract Date: 2024-05-19
Close Date: 2024-06-27
Close Price: 1475000
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: Block; Concrete; Stucco; Other
Cooling: Central Air
Current Use: Multi-Family
Financial Data Source: Owner
Flooring: Carpet; Laminate; Tile; Vinyl
Heating: Central
Laundry Features: Electric Dryer Hookup
Levels: Two
Listing Terms: Cash; Conventional; Owner May Carry
Owner Pays: Insurance; Taxes
Parking Features: Additional Parking; Assigned
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Electricity; Hot Water; Sewer
Utilities: Cable Available; Electricity Not Available; Separate Electric Meters; Separate Water Meters; Sewer Available; Water Available
Water Source: Public
Showing Requirements: Lockbox; Showing Service
Supplements
Port Canaveral, the Cruise lines, Kennedy Space Center, downtown Cocoa Beach and the Orlando International Airport. Seize this chance to own a property that combines coastal charm with excellent potential for rentals, Air B&B or your own piece of paradise. Don't miss this gem!
Listing Office: RE/MAX Aerospace Realty
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.