8110 Canaveral Boulevard, Cape Canaveral, FL 32920

$1,050,000
Property Type: Residential Income Bedrooms: 7 Baths: 5 Square Footage: 5,092 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $1,050,000 List Date: 3/08/2024 Last Modified: 5/24/2026

Overview

Description

Beachside turnkey Fiveplex with 5 large fully remodeled units, 5,092 sqft of living area and just half a mile to the beach. This concrete block porperty has C-1 zoning which allows NIGHTLY rentals. Rare find! Potential annual rental income with long term tenants: $100K-$120K, AirnBnb: $220K-$240K. 2 -2 bedrooms/1 Bath units and 3 -1 Bedroom /1 Bath units, and 2 of these are extremely large and can easily be converted into 2 bed units creating more revenue. Shared income producing laundry area and rear courtyard area. Strategically located just one block from A1A which is full of amenities and dining options, a mere 7-minute drive away to Cocoa Beach Pier, Ron Jon's and other area attractions. Roof 2018, newer electrical panels,front parking area was recently repaved.Each unit is individually metered with 5 Florida Power &Light (FPL) meters, offering convenience and efficiency.With no major repairs left to be performed is ready to became a long term investment property to new owners.

Listing Details MLS# 1007284

General Property Information

Number Of Buildings
Yes
Number Of Units Total
5
Bedrooms Total
7
Bathrooms Total
5
Bathrooms Full
5
Living Area
5092
Living Area Source
Public Records
New Construction YN
No
Year Built
1965
Garage YN
No
Carport YN
No
Lot Size Acres
0.23
Lot Size Square Feet
10019
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Direction Faces
North
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
251.18
Sold Price/SqFt
206.21
Bathrooms Half
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Construction Materials: Block; Concrete; Stucco Cooling: Central Air Current Use: Multi-Family Exterior Features: Courtyard Fencing: Back Yard Flooring: Laminate; Tile Heating: Central Laundry Features: Common Area; Electric Dryer Hookup; Lower Level Listing Terms: Cash; Conventional Lot Features: Other Owner Pays: Common Area Maintenance; Exterior Maintenance; Pest Control; Repairs; Taxes; Trash Collection; Water Parking Features: Shared Driveway; Unassigned Pool Features: None Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity Utilities: Cable Available; Electricity Available; Electricity Connected; Separate Electric Meters; Sewer Available; Sewer Connected; Water Available; Water Connected View: Other Water Source: Public

Contract Information

Original List Price
1279000
Listing Contract Date
2024-03-08
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

Remarks and Miscellaneous

Public Remarks
Beachside turnkey Fiveplex with 5 large fully remodeled units, 5,092 sqft of living area and just half a mile to the beach. This concrete block porperty has C-1 zoning which allows NIGHTLY rentals. Rare find! Potential annual rental income with long term tenants: $100K-$120K, AirnBnb: $220K-$240K. 2 -2 bedrooms/1 Bath units and 3 -1 Bedroom /1 Bath units, and 2 of these are extremely large and can easily be converted into 2 bed units creating more revenue. Shared income producing laundry area and rear courtyard area. Strategically located just one block from A1A which is full of amenities and dining options, a mere 7-minute drive away to Cocoa Beach Pier, Ron Jon's and other area attractions. Roof 2018, newer electrical panels,front parking area was recently repaved.Each unit is individually metered with 5 Florida Power &Light (FPL) meters, offering convenience and efficiency.With no major repairs left to be performed is ready to became a long term investment property to new owners.

Status Change Information

Major Change Timestamp
2024-07-23T18:11:56Z
Major Change Type
Status Change
Status Change Timestamp
2024-07-23
Purchase Contract Date
2024-06-19
Close Date
2024-07-19
Close Price
1050000

More Information

Closing Company Details

Closing Company Name
Liberty Title
Closing Company Address
720 West Ave Cocoa FL 32927

Unit 1 Details

Unit ID
Yes
Actual Rent
1625
Unit SqFt
768
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
month to month lease in place

Unit 2 Details

Unit ID
2
Unit SqFt
846
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Potential monthly rental: $2,300 - $2,400
Actual Rent
0

Unit 3 Details

Unit ID
3
Unit SqFt
996
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Potential monthly rental: $1,700 - $1,900
Actual Rent
0

Unit 4 Details

Unit ID
4
Unit SqFt
936
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Potential monthly rental: $1,700 - $1,900
Actual Rent
0

Unit 5 Details

Unit ID
5
Actual Rent
1250
Unit SqFt
759
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
month to month lease in place

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
8365.75
Tax Year
2023
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.

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Exterior Features

Courtyard
Yes

Fencing

Back Yard
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes

Laundry Features

Common Area
Yes
Electric Dryer Hookup
Yes
Lower Level
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Parking Features

Shared Driveway
Yes
Unassigned
Yes

Pool Features

None
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Pest Control
Yes
Repairs
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Electricity Connected
Yes
Separate Electric Meters
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

View

Other
Yes

Water Source

Public
Yes
Listing Office: aReal Estate Service Team
Last Updated: May - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.