Multifamily Property Near Beach
For Sale
Contact for pricing
630 Adams Avenue, Cape Canaveral, FL 32920
18-unit multifamily property near beach, offering investment opportunities.
Property Size10,910 SF
Lot Size0.29 Acres
Price / SF$494.96
Days on Market1176
Property Features for 630 Adams Avenue
General Information
Standard status
Active
Size
10,910 SF
Class
A
Lot size
0.29 Acres
Property subtype
Multifamily
Zoning
R-3
Building Details
Year Built
1962
Stories
2
Units
18
Listing Agency:
ONE Sotheby's International Realty Melbourne Beach
(321) 349-5068
Listed By:
James Edmunds · License #3414010
Source:
Crexi
Added: Jun 6, 2023
Changed: Aug 24
Last Checked: Aug 23 at 10:51PM
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 18-unit multifamily property presents an excellent investment opportunity. Located in Cape Canaveral, Cape View Apartments is situated one lot from direct beach access and within walking distance of restaurants, parks, and Port Canaveral attractions. The two-story complex, constructed of solid concrete block, features seventeen 1-bedroom, 1-bath rental units ranging from 400 to 600 square feet, some with ocean views. Additionally, there is a two-story primary suite offering panoramic ocean views from every room. The 0.29-acre property is zoned R-3 and suitable for long-term or short-term rentals. Renovation offers the opportunity to convert the property into condominiums or a boutique luxury apartment complex. The property size is 10910 square feet.
Key Highlights
- Direct beach access (one lot away) and walking distance to restaurants, parks, and Port Canaveral attractions.
- 18‑unit multifamily property with income‑producing potential.
- Ocean views from seventeen 1‑bedroom units and panoramic ocean views from the primary suite.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit multifamily property near beach, offering investment opportunities.
Where is this apartment building located?
The property is located at 630 Adams Avenue Cape Canaveral, FL.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Direct beach access (one lot away) and walking distance to restaurants, parks, and Port Canaveral attractions.; 18‑unit multifamily property with income‑producing potential.; Ocean views from seventeen 1‑bedroom units and panoramic ocean views from the primary suite.
