Active

201 Pierce Avenue

Cape Canaveral FL, 32920

$2,145,000


$330.51 per sqft

Active

13 Baths

6,490 sqft

Commercial

Built in 1962

Portfolio includes 13 apartments/duplexes: 201 Pierce Ave, 203 Pierce Ave, 205 Pierce Ave, 7108 Poinsetta Ave, 7110 Poinsetta Ave A, 7110 Poinsetta Ave B (Vacant), 7110 Poinsetta Ave C, 200 Buchanan Ave, 204 Buchanan Ave, 7104 Poinsetta Ave A, 7104 Poinsetta Ave B, 208 Buchanan Ave, 212 Buchanan Ave. Gross Income $177,600.00 Market Rate Proforma Gross Income $228,200.00. Opportunity to purchase 13 unit property, only 1 vacant unit, in Cape Canaveral for immediate cashflow. Units are currently rented below market rates for the area. Close to beaches. Area is short term rental friendly.

1025228

MLS ID

September 19, 2024

Listed

November 22, 2024

Updated

Map

201 Pierce Avenue
Cape Canaveral FL, 32920

Interior Features

Total Stories

1


Total Bathrooms

13


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Varies by Unit, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Electric, Varies by Unit

Exterior/Building Features

Lot Size

0.87 Acres


Lot Features

Corner Lot, Split Possible


Roof

Membrane, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

271 - Cape Canaveral


Taxes

$20,050


Tax Frequency

Annually


Garage

No


Parking

Attached Carport, Carport, Covered, Shared Driveway, Varies by Unit


View

No


County

Brevard


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/3/2024

Price change

$2,145,000

-14%

Courtesy of Keller Williams Realty Brevard, Paige Lane,
Listing Contact: 321-259-1170 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ocean To River Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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