211 Caroline St, Cape Canaveral, FL 32920-2705
This exceptional 4,453-square-foot single-tenant retail space, located at 211 Caroline Street in Cape Canaveral, Florida (32920), presents a unique investment opportunity. Completely renovated in 2024, the property, built in 1966, boasts a prime location benefiting from the robust tourism and local economies. With Port Canaveral expecting 4.07 million cruise passengers in 2023 and Kennedy Space Center attracting over 1.4 million visitors annually, a steady stream of potential customers is guaranteed. The local market is equally strong, showcasing a median household income of $68,495 (a 17.3% increase from 2021-2022) and a low 3.2% retail vacancy rate. Cape Canaveral's retail sector thrives, generating $51,459,000 in annual sales, fueled by a population of 9,980 residents and millions of tourists contributing to a $4.6 billion tourism impact in Brevard County. The diverse visitor demographic, with 63% from out of state and 5% international, provides a broad customer base. This flexible space is ideal for retail or professional services, offering unparalleled access to a thriving market where tourism and local prosperity converge. The property includes 10 parking spaces and is situated on a single building on APN 24-37-14-00-00502.0-0000.00.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Cape Canaveral, FLCape Canaveral. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.