Cape Canaveral, FL 32920

Property Details:

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.

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• Acres0.29 acres
• CityCape Canaveral
• Clear Ceiling Height6864.00
• ConstructionBrick and Concrete
• CoolingCeiling Fan(s), Central Air and Central Building
• Cumulative DOM17
• Current LeaseMonth to Month
• Current Zoningmedium density
• Days On Market17
• DirectionsLocated just 1 1/2 blocks from the beach Adams Ave. in Cape Canaveral
• Fire ProtectionNone and Smoke Alarm
• FlooringTerrazzo and Tile
• Gross Operating Income135000.00
• HeatingCentral Individual
• Legal DescriptionAVON BY THE SEA LOTS 13,14 BLK 4
• Listing DateWednesday, September 13th, 2023
• Listing ID975082
• Listing StatusActive
• LocationBeach Area
• Number of Stories2.0
• Other Income199800.00
• PossessionAt Closing
• Property TypeCommercial
• Property UseC-LOW RISE APARTMENTS - 2 OR 3 STORIES - 10 TO 49 UNITS (0353)
• Real Estate Taxes$11,086.90
• RoofComp Rolled
• Sale IncludesBuilding & Land
• SecurityFirewall(s)
• Special InformationNone
• SqFt - Total6,864 sqft
• State/ProvinceFL
• StatusActive
• Tax Year2022
• Tenant PaysElectric and Water
• Terms ConsideredCash and Conventional
• Total Building Area6864.00
• Total Units9
• TypeMulti Family
• Use Code03 / MULTI-FAMILY 10 OR MORE
• UtilitiesPublic Sewer and Public Water
• Year Built1966
• Zip Code32920