7522 Magnolia Avenue 1-6, Cape Canaveral, FL 32920 (MLS# 1076055)

7522 Magnolia Avenue 1-6, Cape Canaveral, FL 32920

$1,150,000

Virtual Tour

https://www.virtualtourcafe.com/mls/10005436

Property Type: Residential Income Bedrooms: 12 Square Footage: 3,872 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,150,000 List Date: 4/30/2026 Last Modified: 5/01/2026

Overview

Description

GREAT OPPORTUNITY Multi-Family with steps to the beach; and near new complexes and upgrade to City park. 6 Units total, all 2 bedrooms & 1 bathroom and approximately 650 SqFt with backyards or balconies. Zero vacancy rate at this well maintained complex, almost all units renovated within the last 5 years, Newer AC less than 2 years old, sturdy concrete construction, 15 year old flat roof with continuous maintenance and joints flashed within the last 2 years, New gutter system within the last 2 years, Upgraded electrical, and fresh paint. CORNER LOCATION and great mix of qualified tenants. XLNT location near all thoroughfares with easy access to Port Canaveral, 520, 528, Kennedy Space center, Patrick AFB, shopping centers, fine dining, amenities & services, entertainment, downtown Cocoa Beach, Ron Jon surf shop, and just an hour to Orlando International Airport and Orlando areas/ attractions. Tremendous income potentials.

Listing Details MLS# 1076055

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 6
Bedrooms Total: 12
Living Area: 3872
Living Area Source: Public Records
New Construction YN: No
Year Built: 1958
Garage YN: No
Carport YN: No
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Direction Faces: West
List Price/SqFt: 297
Bathrooms Half: 0

Property Features

Appliances: Electric Range; Electric Water Heater; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric; Wall/Window Unit(s) Current Use: Residential Exterior Features: Balcony Flooring: Tile Heating: Central; Electric Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Other Parking Features: Assigned; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Paved Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only; Call Listing Office; Key In Office

Contract Information

Original List Price: 1150000
Listing Contract Date: 2026-04-30
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 7522
Street Name: Magnolia
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
Subdivision Name: Avon By The Sea

Remarks and Miscellaneous

Public Remarks: GREAT OPPORTUNITY Multi-Family with steps to the beach; and near new complexes and upgrade to City park. 6 Units total, all 2 bedrooms & 1 bathroom and approximately 650 SqFt with backyards or balconies. Zero vacancy rate at this well maintained complex, almost all units renovated within the last 5 years, Newer AC less than 2 years old, sturdy concrete construction, 15 year old flat roof with continuous maintenance and joints flashed within the last 2 years, New gutter system within the last 2 years, Upgraded electrical, and fresh paint. CORNER LOCATION and great mix of qualified tenants. XLNT location near all thoroughfares with easy access to Port Canaveral, 520, 528, Kennedy Space center, Patrick AFB, shopping centers, fine dining, amenities & services, entertainment, downtown Cocoa Beach, Ron Jon surf shop, and just an hour to Orlando International Airport and Orlando areas/ attractions. Tremendous income potentials.

Status Change Information

Major Change Timestamp: 2026-04-30T16:03:58Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-30

More Information

Closing Company Details

Closing Company Name: International Title & Escrow CO., LLC
Closing Company Address: 226 N Atlantic Ave. Suite A, Cocoa Beach, FL 32931

DPR Eligible

DPR Eligible: No

Unit 1 Details

Unit ID: Yes
Actual Rent: 1500
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Unit 2 Details

Unit ID: 2
Actual Rent: 1400
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Unit 3 Details

Unit ID: 3
Actual Rent: 1500
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Unit 4 Details

Unit ID: 4
Actual Rent: 1500
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Unit 5 Details

Unit ID: 5
Actual Rent: 1500
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Unit 6 Details

Unit ID: 6
Actual Rent: 1400
Unit SqFt: 645
Furnished: Unfurnished
Unit Remarks: Upgraded unit

Location, Tax, and Legal

Unit Number: 1-6
Tax Account: 2434128
Parcel Number: 24-37-23-Cg-00044.0-0008.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 8451.74
Tax Year: 2025
Tax Legal Description: AVON BY THE SEA LOT 8 BLK 44
Directions: From A1A head north then turn right onto Taylor Ave. Then take a left onto Magnolia Ave. and the complex will be on right hand.

Appliances

Electric Range: Yes
Electric Water Heater: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes
Wall/Window Unit(s): Yes

Current Use

Residential: Yes

Exterior Features

Balcony: Yes

Flooring

Tile: Yes

Heating

Central: Yes
Electric: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Other: Yes

Parking Features

Assigned: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Office: Yes
Key In Office: Yes

Showing Considerations

Occupied: Yes

Listing Office: Vincent Keenan, REALTORS

Last Updated: May - 01 - 2026

Information is deemed to be reliable, but is not guaranteed.