$1,500,000

7521 Magnolia Avenue, Cape Canaveral, FL 32920

  • 15 beds |
  • 8 baths |
  • 4,906 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $306/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Beachside Investment Opportunity - Fully Renovated 8-Unit Multifamily Property Just 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. Don't miss out on this incredible opportunity to own a fully updated multifamily property in one of the most sought-after beach areas in the region!

Listing Status:
Active
Date Added:
March 7, 2025 at 06:00AM
Listing Office:
Blue Marlin Real Estate : 321-877-2902
Listing Agent:
Brandon Phillips : 321-543-1374
MLS ID:
1039315
  • Laundry: Common Area
  • A/C: Wall/Window Unit(s)Split System
  • Heating: Varies by Unit

This listing courtesy of Brandon Phillips, Blue Marlin Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cape View Elementary School

8440 Rosalind Ave, Cape Canaveral, FL, 32920

Grades PK-6

0.56 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

4.97 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

4.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.