201 Pierce Avenue

Cape Canaveral, FL 32920

$2,475,000
Price
—
Beds
13
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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.
  1. Listed by Paige Lane • Keller Williams Realty Brevard

Property Details for 201 Pierce Avenue

Directions
From SR 520Left of Hwy A1ARight on Pierce Ave
LISTING UPDATED: 09/19/2024 10:46 AM

Property Details for 201 Pierce Avenue

StatusActive
MLS #1025228
Days on MarketListed Today
Rental Incentives-
Available Date-
Lease Term-
Furnished-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1962
Lot Size0.87 AC / 37,897 SF
CountyBrevard County

Building Information for 201 Pierce Avenue

Stories-Residences3Year Built1962Building Size-Lot Size0.87 AC / 37,897 SF

Property Information for 201 Pierce Avenue

Summary
Location and General Information
  • City: Cape Canaveral
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.381989
  • Geo Lon: -80.603916
  • Absolute Longitude: 80.603916
  • General County Loc: Central
  • County Sub/Condo Name: Avon By The Sea
Taxes and HOA Information
  • Taxes: $20,049.50
  • Tax Year: 2022
  • Tax Acct: 2434650
  • Tax ID: 24-37-23-Cg-00062.0-0001.00
Parking
  • Parking: Attached Carport, Carport, Covered, Shared Driveway, Varies by Unit
Property
Lot Information
  • SqFt - Total: 6490.0
  • Year Built: 1962
  • Picture Count: 10
  • Lot Description: Corner Lot, Split Possible
  • Acreage: 0.87
  • Legal/Misc: Land Lease: No
  • Current Adjacent Use: Multi-Family, Residential
Property and Assessments
  • Construction: Block, Concrete, Frame, Stucco
  • Docs on File: 0
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: D
  • Sub Type: Multi Family
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Water Connected
Owner Name
  • Owner Name: Sai Re Holdings 3 Llc
Interior and Exterior Features
Exterior Features
  • Roof: Membrane, Shingle
  • Total Floors in Bldg: 1
  • # of Units: 3
Interior Features
  • Cooling: Central Air, Electric, Varies by Unit, Wall/Window Unit(s)
  • Heat: Central, Electric, Varies by Unit
  • Baths - Total: 13.0
Multi Family
Income & Expenses
  • Income & Expenses: Annual Gross Income: $177,600.00
Multi-Family Information
  • Unit 1 Details: # Units: 7.0
  • Unit 1 Details: Annual Rent: 90600.0
  • Unit 1 Details: Baths Total: 7.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit ID: 7 Units
  • Unit 1 Details: Unit Remarks: 7 Units Total - 2 Triplexes,1 Cottage
  • Unit 1 Details: Unit SqFt: 3366.0
  • Unit 2 Details: # Units: 2.0
  • Unit 2 Details: Annual Rent: 37400.0
  • Unit 2 Details: Baths Total: 2.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit ID: 2 Units
  • Unit 2 Details: Unit Remarks: 2 Units Total - 1 Full Duplex
  • Unit 2 Details: Unit SqFt: 1092.0
  • Unit 3 Details: # Units: 4.0
  • Unit 3 Details: Annual Rent: 55200.0
  • Unit 3 Details: Baths Total: 4.0
  • Unit 3 Details: Furnished: Unfurnished
  • Unit 3 Details: Unit ID: 4 Units
  • Unit 3 Details: Unit Remarks: 4 Units Total - 2 Full Duplexes
  • Unit 3 Details: Unit SqFt: 2032.0
  • Selling Terms Code: Cash, Conventional
Agent
Sale and Listing
  • Cumulative DOM: 0
  • Days On Market: 0
  • Possession: Close Of Escrow, Subject To Tenant Rights
Showing and Remarks
  • Showing: 24 Hour Notice, Appointment Only, Call Listing Agent

Property History for 201 Pierce Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 201 Pierce Avenue

This home is within Brevard.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - K to 6
Public - K to 6
Rating
School
Distance
Cape View Elementary School
PublicPK to 6

Cocoa Beach Junior/Senior High School
Public7 to 12

Robert L. Stevenson Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

201 Pierce Avenue is available for rent in Cape Canaveral, FL 32920. This property was listed on September 19, 2024 by Keller Williams Realty Brevard, it's currently listed at $2,475,000. It has been on the market for a total of 0 days and was last rented on November 4, 2009. This listing's school district is Brevard. Nearby schools include Cape View Elementary School, Cocoa Beach Junior/Senior High School and Robert L. Stevenson Elementary School. 201 Pierce Avenue is a 0-bed, 13-bath, a property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Brevard, Paige Lane

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/19/2024 10:46 AM