418 Adams Avenue

Cape Canaveral, FL 32920

$3,550,000
Price
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Beds
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Description

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...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.
  1. Listed by James Edmunds • One Sotheby's International
  2. Listed by Michelle Farr • One Sotheby's International

Property Details for 418 Adams Avenue

Directions
Located just 1 1/2 blocks from the beach Adams Ave. in Cape Canaveral
LISTING UPDATED: 11/01/2024 09:46 PM

Property Details for 418 Adams Avenue

StatusActive
MLS #975082
Days on Market473
Rental Incentives-
Available Date-
Lease Term-
Furnished-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1966
Lot Size0.29 AC / 12,632 SF
CountyBrevard County

Building Information for 418 Adams Avenue

Stories-Residences9Year Built1966Building Size-Lot Size0.29 AC / 12,632 SF

Property Information for 418 Adams Avenue

Summary
Location and General Information
  • City: Cape Canaveral
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.390738
  • Geo Lon: -80.600482
  • Absolute Longitude: 80.600482
  • General County Loc: North
  • County Sub/Condo Name: Avon By The Sea
Taxes and HOA Information
  • Taxes: $11,086.90
  • Tax Year: 2022
  • Tax Acct: 2433309
  • Tax ID: 24-37-23-Cg-00004.0-0013.00
Property
Lot Information
  • SqFt - Total: 6864.0
  • Year Built: 1966
  • Picture Count: 61
  • Acreage: 0.29
  • Site Location: Beach Area
Property and Assessments
  • Construction: Brick, Concrete
  • Docs on File: 1
  • Property Use: C-LOW RISE APARTMENTS - 2 OR 3 STORIES - 10 TO 49 UNITS (0353)
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: D
  • Sub Type: Multi Family
  • Use Code: 03 / MULTI-FAMILY 10 OR MORE
  • Security: Firewall(s),Smoke Detector(s)
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
Owner Name
  • Owner Name: Fgt Llc
Interior and Exterior Features
Exterior Features
  • Roof: Rolled/Hot Mop
  • Total Floors in Bldg: 2
  • # of Units: 9
  • Flooring: Terrazzo,Tile
Interior Features
  • Cooling: Ceiling Fan(s), Central Air, Central Building
  • Heat: Central
Multi Family
Income & Expenses
  • Income & Expenses: Annual Gross Income: $199,800.00
Multi-Family Information
  • Selling Terms Code: Cash, Conventional, Lease Option
Agent
Sale and Listing
  • Cumulative DOM: 416
  • Days On Market: 416
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: 24 Hour Notice, Call Listing Agent

Property History for 418 Adams Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 418 Adams Avenue

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

Cocoa Beach Junior/Senior High School
Public7 to 12

Project Search
Public12

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.

418 Adams Avenue is available for rent in Cape Canaveral, FL 32920. This property was listed on September 13, 2023 by One Sotheby's International, it's currently listed at $3,550,000. This listing's school district is Brevard Public Schools. Nearby schools include Cape View Elementary School, Cocoa Beach Junior/Senior High School and Project Search. 418 Adams Avenue is a 0-bed, 0-bath, a property built in 1966.

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 One Sotheby's International, James Edmunds; One Sotheby's International, Michelle Farr

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: 11/01/2024 09:46 PM