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Financial
Distress signals
Property profile

418 Adams Ave Cape Canaveral, FL 32920

FOR SALE
Apartment buildings
Property ID
US19-0227868
3,960 SF 0.29 ac lot Built 1966
Last sale Jan 2011 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 9-unit apartment building, located at 418 Adams Avenue in Cape Canaveral, Florida, presents a compelling investment opportunity. The property boasts 6,864 square feet on a 0.29-acre lot and features concrete block construction, ensuring durability and longevity. Built in 1966, this two-story building offers nine units, each equipped with central air conditioning. Its prime location, just 1.5 blocks from the beach, provides unparalleled walkability and access to the vibrant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$984k
Assessed land$399k
Assessed improvement$585k
Effective rate1.25%

Value estimate

· Oct 2026
$375k
$338k – $413k
AI approach$300k
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$8k
Operating expenses−$57k
NOI · 1.98% cap applied$70k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$505/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$112 – $948

Cap rate analysis

How does the asset earn?
1.98%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.5
Law Firm10.4
Skin Care Clinic10.1

Location

418 Adams Ave Cape Canaveral, FL 32920
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
276 Polk, Cape Canaveral, FL 32920-4952 $2,700,000 Nov 2022 12,008 SF
404 Harrison, Cape Canaveral, FL 32920-2350 $7,416,000 Aug 2022 7,161 SF
115 Fillmore, Cape Canaveral, FL 32920-4937 $1,350,000 Mar 2021 9,240 SF
405 Tyler, Cape Canaveral, FL 32920-2360 $1,050,000 Apr 2020 9,646 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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