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Fillmore Palms 505 Fillmore Ave

15 Unit Apartment Building For Sale Cape Canaveral, FL 32920

Investment Highlights

  • Year 1 Scheduled Income $529,200
  • AirBNB Opportunity
  • STR (Short Term Rentals)

Executive Summary

100Units.com presents Fillmore Palms Apartments which is a 15 unit multifamily
complex which offers an excellent AirBNB opportunity only 300 feet from the
beach. The property is constructed of concrete block with pitched shingle roofing
consisting 1 two-story apartment building with a total of approximately 11,904
gross square feet and is situated on .58 acres. The units mix is 5 one bedroom one
bath units, 9 two bedroom one bath units, 1 four bedroom two bath unit. The
property features a sparkling swimming pool, central air conditioning and a new
roof installed in 2021. The electric utilities are separately metered and water, sewer
and trash are paid by the landlord.
Ideally located just 5 minutes to the famous Cocoa Beach Pier and under 20
minutes to Kennedy Space Center.

Property Facts

Sale Type Investment
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.58 AC
Building Size 11,904 SF
No. Stories 2
Year Built 1967

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-37-23-CG-00060.0-0001.00
Land Assessment
$871,000
Improvements Assessment
$1,125,190
Total Assessment
$1,996,190

zoning

Zoning Code R-3
R-3
  • Listing ID: 33909144

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 505 Fillmore Ave, Cape Canaveral, FL 32920

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