7676 Magnolia Avenue # 1 Cape Canaveral, FL $ 1,250,000
7676 Magnolia Avenue # 1
$ 1,250,000
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7676 Magnolia Avenue # 1

Cape Canaveral, FL, 32920
$ 1,250,000
Baths7.0 Sq 3,522

Monthly Estimate*

$ 8,308

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Studio

Commercial Property for sale in Cape Canaveral, FL

for $1,250,000 with 7 full baths. This 3,522 square foot building was built in 1980 on a lot size of 0.04.

''Exciting investment opportunity in Cape Canaveral! This 7-unit multifamily property, located steps from the Atlantic Ocean, presents a lucrative prospect for savvy investors. While the units are primed for rental success, it's important to note that the property offers significant value with the potential for updates. Seize the chance to enhance and maximize returns in this bullish real estate market. Don't miss out on this diamond in the rough - invest wisely, add value, and capitalize on Cape Canaveral's growth!''

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Full Bath

7

Property Type

Commercial

Taxes

$ 828

Style

Multi Family

Lot Size

0.04

Year Built

1980

Town/City

Cape Canaveral

County/Region

Brevard

MLS | Web ID

1004823

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Shingle
Construction Materials Block Concrete
Year Built 1980
Electric 100 Amp Service
Unit Number 1
Property SubType Multi Family
Tax Year 2022
Current Use Multi-Family
Building Name SUNRISE CONDOMINIUM
County Brevard
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Sunrise Condominium Apartments
Building Features Laundry
Status Active
Directions Head E on Harrison Ave Cape Canaveral until Magnolia Ave. Property is located on the Corner of Harrison and Magnolia Ave
City Cape Canaveral
View Y/N N
Senior Community Y/N N
Total Units 7
MLS Area 271 - Cape Canaveral
Lot Size Square Feet 1742.4
Waterfront Y/N N
Street Name Magnolia
Land Lease Y/N N
Tax Annual Amount 828.49
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 271 - Cape Canaveral
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1004823
Standard Status Active
Legal Description SUNRISE CONDOMINIUM APARTMENTS UNIT 1 SUNRISE CONDOMINIUM APARTMENTS A CONDO AS DESC IN ORB 2232 PG 1713 AND ALL AMEND
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 7
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Exterior
Fencing Back Yard Fenced Wood
Parking Features Parking Lot
Lot Features Corner Lot Few Trees
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Lot Size Units Acres
Road Frontage Type City Street Private Road
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7676
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* Excluded Features
List By
Blue Marlin Real Estate

Broker

dennisquolke.realtor@gmail.com

Email

Affordability Calculator

$8,377
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$1,250,000 -3.47% Price Down
2/13/2024$1,295,000 Listed Price

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7676 Magnolia Avenue # 1, Cape Canaveral, FL, 32920 is a Commercial Property for sale at $1,250,000 with 3,522 sqft and a lot size of 0.04. 7676 Magnolia Avenue # 1 is a studio with 7.0 baths and was built in 1980. The property's zip code is 32920 which is in Cape Canaveral, FL