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$1,500,000
33 Days On Site

595 Cinnamon Drive
Satellite Beach, FL 32937

Multi Family|Pending
0
Beds
8
Total Baths
5,550
SqFt
$270
/SqFt
1963
Built
Subdivision:
Michigan Beach Replat of Part of 3rd Add To
County:
Brevard
Call Now: (321) 626-4727
Is this the listing for you? We can help make it yours.
(321) 626-4727
595 Cinnamon Drive595 Cinnamon Drive595 Cinnamon Drive595 Cinnamon Drive
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8 unit multifamily asset offering immediate income, operational flexibility, and clear upside. All leases are month to month, giving the next owner flexibility to adjust rents, improve terms, renovate strategically, or reposition the asset over time. The unit mix includes five 1 bedroom, 1 bath units and three 2 bedroom, 1 bath units, serving a strong tenant pool and supporting long term rental demand. Major capital items have already been addressed, including a 7 year old roof, newer AC systems, updated electrical, and a recently repaved parking lot. With flexible lease terms, a marketable unit mix, and major updates already completed, this is a strong opportunity to acquire an 8 unit multifamily property with immediate rental income and room to grow.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
33 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,550 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.38 Acres
Year Built 
1963
MLS® Number 
1077379
Status 
Pending
Property Tax 
$16,224.2
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
a month agoListing first seen on site
General Features
Acres 
0.38
Additional Property Use 
InvestmentMulti-Family
Building Features 
Laundry
Land Lease 
No
Number Of Stories 
1
Parking 
AssignedParking Lot
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5550
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Terrazzo
Heating 
CentralElectric
Laundry Features 
Laundry Room
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Exterior Features
Construction Details 
BlockConcrete
Fencing 
Block
Lot Features 
Zero Lot Line
Road Frontage 
City Street
Roof 
ShingleTile
Community Features
Financing Terms Available 
CashConventional
MLS Area 
381 - N Satellite Beach
Listing courtesy of LPT Realty, LLC

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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