311 Harrison Avenue, Cape Canaveral, FL 32920

$4,350,000
8,268
SqFt
List Price
$4,350,000
Price Change
▼ $149,900 1625779581
MLS#
907787
Status
ACTIVE
Type
Multifamily
Sub Type
10+ Units
County
Brevard
City
Cape Canaveral
Area
Cape Canaveral
Living Area
8,268
Total Square Feet
8,268
Acres
0.66
Year Built
1959
Days on Market
46

Property Description

THIS OFFERING INCLUDES: a 20-efficiency apartment building, rented on a weekly or monthly basis, with most tenants paying in cash every Friday. A Duplex with two, 2/1 units. And a 4-bed/2.5-bath house. The Sandpiper Inn Park property is offered at an honest 5.83 CAP with beachside Cape Canaveral appreciation. An extremely cost efficient management and maintenance team is on-site and wants to stay. Or a new hands-on owner can move into the house and take over. The tenant base is stable: two tenants have been at the property more than 4 years and another 11 of the 20 between three months and a year. Property includes an office for the onsite manager, plenty of parking, and a laundry room with coin operated washer/dyers. Close to beaches, the port, and Orlando airport and attractions.

Additional Information

Style
Efficiency/Studio, One Story
Hoa
None
Tax Year
2020
Tax Amount
$6,663
Location Description
City
Equipment And Appliances
Other - Call Agent
Utilities
City Water, Electricity Connected
Exterior Finish
Stucco
Construction
Concrete Block, Frame - Wood
Roof
Rolled Comp, Shingle - Asphalt
Floor
Laminate, Tile, Vinyl
Elementary School
Cape View
Middle School
Cocoa Beach
High School
Cocoa Beach

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.