Search
Boutique Apartment Building Near Beach
For Sale
Contact for pricing

418 Adams Avenue, Cape Canaveral, FL 32920

9-unit apartment building, 1.5 blocks from the beach.

Property Size6,864 SF
Price / SF$517.19
Days on Market1068

Property Features for 418 Adams Avenue

General Information

Standard status Active
Size 6,864 SF
Property subtype Multifamily

Building Details

Year Built 1966
Stories 2
Units 9
Listing Agency: ONE Sotheby's International Realty Melbourne Beach
Listed By: James Edmunds · License #3414010
Source: Crexi
Added: Sep 21, 2023 Changed: Aug 17 Last Checked: Aug 22 at 4:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE Sotheby's International Realty Melbourne Beach

Investment Insights

Based on property information with market context.

This 9-unit apartment building is located a mere 1 1/2 blocks from the beach. The Blue Coast Apartments offer an opportunity for developers seeking a value-add scenario. The property is located near the shores of Cape Canaveral. Constructed of concrete block in both its inner-walls and structure, the building exudes durability. Residents enjoy the comfort of central air conditioning and walkability. The property presents an exclusive opportunity for developers to renovate and elevate the units. The property includes a private courtyard. The building's total size is 6864 square feet.

Key Highlights

  • Prime location: Just 1.5 blocks from the beach in Cape Canaveral.
  • Value‑add opportunity: Ideal for developers to renovate and increase property value.
  • Durable construction: Built with concrete block inner‑walls and structure.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Law Firm Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

669
Businesses Nearby

Demographics for 32920, FL

9,984
Population
8,872
Households
1.1
Avg Household Size
58
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
403
Density / Sq Mi
$70,734
Median Household Income
$41,264
Median Earnings
$1,161
Median Rent
$323,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 9-unit apartment building, 1.5 blocks from the beach.
Where is this apartment building located?
The property is located at 418 Adams Avenue Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Prime location: Just 1.5 blocks from the beach in Cape Canaveral.; Value‑add opportunity: Ideal for developers to renovate and increase property value.; Durable construction: Built with concrete block inner‑walls and structure.
(321) 349-5068 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message