Active

418 Adams Avenue

Cape Canaveral FL, 32920

$3,550,000


$517.19 per sqft

Active

6,864 sqft

Commercial

Built in 1966

This boutique 9-unit apartment building, located a mere 1 1/2 blocks from the beach, offers an unparalleled opportunity for developers seeking the perfect value-add scenario. Nestled just a stone's throw away from the pristine shores of Cape Canaveral, the Blue Coast Apartments stand as a testament to coastal living at its finest. With a construction of concrete block, both in its inner-walls and structure, the Blue Coast Apartments exude durability and timeless charm. Residents here enjoy the comfort of central air conditioning, A+ walkability, ensuring that coastal living remains a breeze year-round. But what truly sets this property apart is the exclusive opportunity it presents for developers. With a vision to renovate and elevate, the Blue Coast Apartments invite those with foresight to bring these gems up to market value. Picture it - modern finishes, sleek amenities, and a fresh coastal aesthetic. As the sun dips below the horizon, the private courtyard becomes a tranquil haven for residents, offering a serene retreat amidst the vibrant beach community. The Blue Coast Apartments are more than just a building; they're a canvas for a developer's imagination. A canvas that, when brought to life, promises not only a sound investment but also a piece of Cape Canaveral's coastal dream. This is the chance to transform an already exceptional location into a true masterpiece of coastal living. Show by appointment only.

975082

MLS ID

September 13, 2023

Listed

November 22, 2024

Updated

Map

418 Adams Avenue
Cape Canaveral FL, 32920

Interior Features

Total Stories

2


Floor Description

Terrazzo, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, Central Building


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Roof

Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

271 - Cape Canaveral


Taxes

$11,087


Tax Frequency

Annually


Garage

No


View

No


County

Brevard


Water Source

Public


Pool

No

Listing History

Date

Event

Price

3/7/2024

Price change

$3,550,000

-2%

Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135 

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.

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

 

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