8110 Canaveral Boulevard, Cape Canaveral, FL 32920

$800,000
Property Type: Residential Income Square Footage: 5,092 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $800,000 List Date: 11/14/2023 Last Modified: 9/17/2025

Description

NO RENTAL RESTRICTIONS on this 5 unit property a short walk to the beach, C-1 Zoning! Nightly rentals OK! Priced to sell! Five Unit 5092 sq. ft. Block Construction apartment complex consisting of 2 Two Bedrooms / 1 Bath units and 3 One Bedroom / 1 Bath units. LOCATION ~ Close proximity to Major Employers (Space, Defense, Tourism). Short walk to the Beach and a short distance to major roadways (528, 520 and A1A) and International Airports. Currently 100% OCCUPANCY with a high historical occupancy rate. PROPERTY CONDITION ~ Property is in great shape and inspection reports for each unit are available. Newer roof (2018). 2 units have nicely updated kitchens/bathrooms. Cash or 1031 only. Drive-bys allowed, but do not step onto the property & do not disturb the tenants. Potential 10 cap....

Supplements: with a few updates! 2018 Asphalt shingle roof. Newer Electrical GE panels throughout. Ability to achieve over a 7% CAP rate (RENTING LONG TERM) by bringing rents up to market levels with little capital infusion required. Some Units with updated HVAC systems. Access to the property will be granted during due diligence period.

More Information MLS# 966532

Location, Tax, and Legal

Tax Account: 2429757 Parcel Number: 24-37-14-51-00003.0-0002.01 General County Location: Central Elementary School: Cape View Middle School: Cocoa Beach High School: Cocoa Beach Tax Annual Amount: 6637.56 Tax Year: 2022 Tax Legal Description: CAPE CANAVERAL BEACH GDNS UNIT 2 PART OF LOTS 2,3 BLK 3 AS DES IN ORB 718 PG 396 Directions: From 520, go north on A1A, turn right on to N Atlantic Ave. At the light, turn right on to Canaveral Blvd. Property is just past 7-11 on the left.

General Property Information

Number Of Units Total: 5 Living Area: 5092 Living Area Source: Public Records Building Area Total: 5092 Lot Size Acres: 0.23 Lot Size Square Feet: 10019 Association YN: No Garage YN: No Garage Spaces: 0 Carport YN: No Carport Spaces: 0 Waterfront YN: No Use Code: 08 / MULTIPLE LIVING Senior Community YN: No Water Body Access YN: No Pool Private YN: No List Price/SqFt: 181.66 Sold Price/SqFt: 157.11 Year Built: 1965

Remarks and Miscellaneous

Public Remarks: NO RENTAL RESTRICTIONS on this 5 unit property a short walk to the beach, C-1 Zoning! Nightly rentals OK! Priced to sell! Five Unit 5092 sq. ft. Block Construction apartment complex consisting of 2 Two Bedrooms / 1 Bath units and 3 One Bedroom / 1 Bath units. LOCATION ~ Close proximity to Major Employers (Space, Defense, Tourism). Short walk to the Beach and a short distance to major roadways (528, 520 and A1A) and International Airports. Currently 100% OCCUPANCY with a high historical occupancy rate. PROPERTY CONDITION ~ Property is in great shape and inspection reports for each unit are available. Newer roof (2018). 2 units have nicely updated kitchens/bathrooms. Cash or 1031 only. Drive-bys allowed, but do not step onto the property & do not disturb the tenants. Potential 10 cap....

Appliances

Electric Range: 1 Microwave: 1 Refrigerator: 1

Closing Company Details

Closing Company Name: Jeffrey Ville PA (321) 242-4777 Closing Company Address: 1300 W Eau Gallie Blvd, Melbourne, FL 32935

Construction Materials

Block: 1 Concrete: 1 Stucco: 1

Cooling

Central Air: 1

Flooring

Carpet: 1 Laminate: 1 Tile: 1

Levels

Two: 1

Listing Terms

Cash: 1

Pool Features

None: 1

Possession

Close Of Escrow: 1

Owner Pays

Grounds Care: 1 Insurance: 1 Pest Control: 1 Repairs: 1 Sewer: 1 Taxes: 1 Water: 1

Road Surface Type

Paved: 1

Roof

Shingle: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Sewer Connected: 1 Water Available: 1

Water Source

Public: 1

Showing Requirements

Appointment Only: 1 Call Listing Office: 1 No Sign: 1

Historical Information

Public Historical Remarks 3: Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building

Contract Information

Current Price: $800,000 Original List Price: 1200000 Sold Price: $800,000 Status: Closed Listing Contract Date: 2023-05-26 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 8110 Street Name: Canaveral Street Suffix: Boulevard 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: 2023-12-07T14:15:30Z Major Change Type: Status Change Price Change Timestamp: 2023-10-09T19:23:39Z Status Change Timestamp: 2023-12-07 Purchase Contract Date: 2023-11-17 Close Date: 2023-12-06 Close Price: 800000

Property Features

Appliances: Electric Range; Microwave; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Central Air Flooring: Carpet; Laminate; Tile Levels: Two Listing Terms: Cash Owner Pays: Grounds Care; Insurance; Pest Control; Repairs; Sewer; Taxes; Water Pool Features: None Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: Century 21 Ocean
Last Updated: September - 17 - 2025
Information is deemed to be reliable, but is not guaranteed.

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