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For sale
  • $1,500,000

    7521 Magnolia Ave, Cape Canaveral, FL 32920

    15beds
    4,906sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $306/sqft
    $-- HOA

    What's special

    Ample parkingSteps from the beachPrivate exterior entry
    Beachside Investment Opportunity - Fully Renovated 8-Unit Multifamily Property Just steps from the beach, this fully renovated 8-unit property presents an exceptional investment opportunity in a prime location. Fully renovated in 2020 down to the studs, this property is turn-key, fully tenant-occupied, and ready to generate income immediately. The property features 2 spacious 3-bedroom units, 3 well-sized 2-bedroom units, and 3 cozy 1-bedroom units. Each unit has its own private exterior entry, providing added privacy and convenience, along with ample parking for residents. Located just a short walk to the beach and a quick drive to Port Canaveral and Cocoa Beach, this property offers the perfect blend of beachside living and easy access to local attractions. Its high-quality renovations and prime location make it an ideal addition to any investment portfolio. Don't miss out on this incredible opportunity to own a fully updated multifamily property in one of the most sought-after beach areas in the region!
    129 days
    on Zillow
    |
    231
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2025 at 12:23pm

    Listed by:

    Brandon Phillips 321-543-1374,

    Blue Marlin Real Estate

    Source: Space Coast AOR,MLS#: 1039315
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7521 Magnolia Ave.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Varies by Unit
    Cooling
    • Wall/Window Unit(s), Split System
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 6,557
    • Total interior livable area: 4,906 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Exterior features: Impact Windows
    • Fencing: Wood
    Lot
    • Size: 6,969.6 Square Feet
    Details
    • Additional parcels included: 2434102
    • Parcel number: 243723Cg00043.00015.01
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete
    • Roof: Membrane,Shingle
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected

    Community & HOA

    Community
    • Subdivision: Avon By The Sea
    HOA
    • Has HOA: No
    Location
    • Region: Cape Canaveral

    Financial & listing details

    • Price per square foot: $306/sqft
    • Annual tax amount: $14,379
    • Date on market: 3/7/2025
    • Listing terms: Cash,Conventional,Owner May Carry,Private Financing Available,Other
    • Tenant pays: Electricity
    • Income includes: Rent Only
    • Road surface type: Asphalt
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