Property Type: Multifamily

List Date: 01-31-2018

Year Built: 2002

4,806 Sq. Ft.

5,016 Total Sq. Ft.


Property Description

SELLER WILL CONSIDER ALL OFFERS. RUN NUMBERS. 5.6% cap rate. 75% of sale must be 1031, remaining 25% open to SELLER FINANCING. Also open to creative and/or long term agreement.Currently units are rented long term, but property was originally designed for weekly/daily/vacation rentals w/separate laundry room to service same and poolside restrooms. Conversion could generate considerably greater revenue. 14' screened gazebo. 80% of roof is new. All windows & doors replaced with hurricane rated within last 2 yrs. 3 new w/h, 1 new a/c, 2 units new carpet, new fencing, some new appliances. 4 identical 1200 sf. units.


Financing Options

Cash, Conventional


Equipment / Appliances

Dishwasher, Disposal, Dryer, Ice Maker Hookup, Laundry-Hookup, Microwave-Built-in, Range - Electric, Range w/Oven, Refrigerator, Washer


Elementary School

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach


Street

Orlando Avenue

County

Brevard

Listing Status

Active

Home Style

Two Story

Floor

Carpet, Tile

Tax Year

2017

Pool

Yes

Private Pool

Yes

Community Pool

No

Pool Description

Private - Inground

Utilities

Cable Available

Waterfront

No

Split Floorplan

No

Exterior Finish

Stucco

ZipCode

Subdivision

CLEGGMOOR SUBD

Property Status

Active

Construction

Combination

Roof Type

Shingle - Asphalt

Tax Amount

$7,575

Parking

2+ Spaces

HOA

None

HOA Dues

$0.00


860 S Orlando AvenueCocoa Beach, FL 32931

This listing is courtesy of The K Company Realty, LLC.

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