3D Tour

7521 Magnolia Avenue, Cape Canaveral, FL 32920

$1,500,000.00

About Property

Beachside Investment Opportunity - Fully Renovated 8-Unit Multifamily PropertyJust steps from the beach, this fully renovated 8-unit property presents an exceptional investment opportunity in a prime location. Fully renovated in 2020 down to the studs, this property is turn-key, fully tenant-occupied, and ready to generate income immediately.The property features 2 spacious 3-bedroom units, 3 well-sized 2-bedroom units, and 3 cozy 1-bedroom units. Each unit has its own private exterior entry, providing added privacy and convenience, along with ample parking for residents.Located just a short walk to the beach and a quick drive to Port Canaveral and Cocoa Beach, this property offers the perfect blend of beachside living and easy access to local attractions. Its high-quality renovations and prime location make it an ideal addition to any investment portfolio.

Essential Property Information
  • Year Built: 1962
  • Price: $1,500,000
  • Property Type: Multifamily
  • Area: 4,906 sqft.
  • Country: USA
  • City: Cape Canaveral

Additional Property Info

  • Buildings: No
  • Fixer Upper: No
  • List Price/SqFt: $305.75 / sqft
  • Listing ID: 1039315
  • Listing Status: Active
  • Manager/Owner Occupied: Unfurnished
  • Number of Units: 3
  • Pool: No
  • Private Pool: No
  • Prop Type: Multi Family
  • Property Type: Multifamily
  • SqFt - Living: 4,906 sqft
  • State/Province: FL
  • Status: Active
  • Status Change Date: Thursday, March 6th, 2025
  • Street Name: Magnolia
  • Street Number: 7521
  • Street Suffix: Avenue
  • Subdivision: Avon By The Sea
  • Tax Year: 2024
  • Taxes: $14,379.50
  • Virtual Tour: Click Here
  • Year Built: 1962
  • Zip Code: 32920

Property Details

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