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Marcus E Smith PA

marcus@marcusesmith.com +1(407) 323-7320

$ 3,550,000

Est. payment -/mo

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Active

418 Adams AVE Cape Canaveral, FL 32920

6,864 SqFt

UPDATED:

11/02/2024 06:48 AM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,864 sqft

Price per Sqft $517

Subdivision Avon By The Sea

MLS Listing ID 975082

Total Fin. Sqft 6864

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1966

Annual Tax Amount $11,086

Tax Year 2022

Lot Size 0.290 Acres

Acres 0.29

Property Description

This boutique 9-unit apartment building, located a mere 1 1/2 blocks from the beach, offers an unparalleled opportunity for developers seeking the perfect value-add scenario. Nestled just a stone's throw away from the pristine shores of Cape Canaveral, the Blue Coast Apartments stand as a testament to coastal living at its finest. With a construction of concrete block, both in its inner-walls and structure, the Blue Coast Apartments exude durability and timeless charm. Residents here enjoy the comfort of central air conditioning, A+ walkability, ensuring that coastal living remains a breeze year-round. But what truly sets this property apart is the exclusive opportunity it presents for developers. With a vision to renovate and elevate, the Blue Coast Apartments invite those with foresight to bring these gems up to market value. Picture it - modern finishes, sleek amenities, and a fresh coastal aesthetic. As the sun dips below the horizon, the private courtyard becomes a tranquil haven for residents, offering a serene retreat amidst the vibrant beach community. The Blue Coast Apartments are more than just a building; they're a canvas for a developer's imagination. A canvas that, when brought to life, promises not only a sound investment but also a piece of Cape Canaveral's coastal dream. This is the chance to transform an already exceptional location into a true masterpiece of coastal living. Show by appointment only.

Location

State FL

County Brevard

Area 271 - Cape Canaveral

Direction Located just 1 1/2 blocks from the beach Adams Ave. in Cape Canaveral

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air, Central Building

Flooring Terrazzo, Tile

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Roof Type Rolled/Hot Mop

Garage No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 24-37-23-Cg-00004.0-0013.00

Security Features Firewall(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Lease Option

Listing Terms Cash, Conventional, Lease Option

Space Coast Association of Realtors (Brevard MLS)

Listed by One Sotheby's International

Marcus E Smith PA

Broker Associate | License ID: 3187002

+1(407) 323-7320

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Marcus E Smith PA

418 Adams AVE Cape Canaveral, FL 32920

Key Details

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418 Adams AVE