Active
7521 Magnolia Avenue
Cape Canaveral FL, 32920
$1,500,000
$305.75 per sqft
Active
15 Beds
8 Baths
4,906 sqft
Multi-family
Built in 1962
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!
1039315
MLSⓇ ID
March 7, 2025
Listed
March 11, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
15
Total Bathrooms
8
Full Bathrooms
8
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Split System
Heating
Yes
Heating Description
Varies by Unit
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Impact Windows
Roof
Membrane, Shingle
Sewer
Public Sewer
School Information
High School
Cocoa Beach
Elementary School
Cape View
Other Property Details
Area Name
271 - Cape Canaveral
Taxes
$14,380
Tax Frequency
Annually
Garage
No
Parking
Parking Lot
View
No
County
Brevard
Water Source
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected
Courtesy of Blue Marlin Real Estate, Brandon Phillips,
Listing Contact: 321-877-2902
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Megan Ross shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.