201 Pierce Avenue, Cape Canaveral FL, 32920

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 Kate Flack shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.