404 Harrison Ave - Apartments FOR SALE


Cape Canaveral, FL 32920
$2,195,000 USD
321-388-4394
404 Harrison Ave, Cape Canaveral, FL for Sale
$2,195,000 USD
Apartments - FOR SALE
1/8
null | 7% Cap Rate

404 Harrison Ave
Cape Canaveral, FL 32920


HIGHLIGHTS

  • A+ Beachside Location
  • AirBnB Opportunity
  • Concrete Block Construction

OVERVIEW

The APT Brokers presents Harrison Apartments, a well-located 12-unit multifamily property in Cape Canaveral, just two blocks from the ocean and within walking distance of the beach. Each unit features a spacious 2-bedroom, 1-bath layout with central air conditioning, ensuring tenant comfort year-round. The property is adjacent to Sandpiper Park, offering green space and recreational amenities, and is conveniently close to Port Canaveral, making it an attractive option for both long-term renters and those working in the thriving cruise and tourism industry. With tenants covering their own electricity and the owner responsible only for water, Harrison Apartments offers a streamlined investment opportunity with predictable expenses. The property's prime coastal location and strong rental demand in the area contribute to long-term appreciation and stable occupancy. This multifamily investment presents a rare chance to own a well-maintained property in one of Florida’s most sought-after beachside communities.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

12

PRICE/UNIT

$182,917

CAP RATE

7%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,820 SF

ZONING

RM1

APN/PARCEL ID

24-37-23-CG-00034.0-0012.00

ASK ABOUT THIS PROPERTY

Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.