$1,750,000
Cape Canaveral, FL 32920
MLS# 803247
Status: Closed
10384 sqft
1 / 26
Property Description
Beautiful pool, upgraded units...New Roofs, Well Maintained, many long term tenants. 24 units total, 2 separate apartments included in this price.Avon Terrace and Poinsettia Terrace. 6 total Quads...Each Quad has (2) studios and (2) 1/1 baths. 16 of these Quads have been condominized and can be sold as single or multiple units, and are listed individually at $299,900 each. Studio's rent for $575.00 and 1Beds $675.00. Sq. Ft. is approximate. These are also listed separately as Avon Terrace 16 units (individually at $299,900 per quad) and Poinsettia Terrace with 8 units at $599,900.00.Please ask any prospective buyers not to walk around or disturb tenants.Interior Pictures are from varying units both bldgs. attachments show last years rents and proposed net. detail financial show 2018 rents
Details
Maps
Contract Information
Current Price: $1,321,625
Original List Price: 1750000
Sold Price: $1,321,625
Status: Closed
Listing Contract Date: 2018-01-19
Property Sub Type: Multi Family
Location, Tax, and Legal
Street Number: 150
Street Name: Johnson
Street Suffix: Avenue
Unit Number: 13
Tax Account: 2434766
Parcel Number: 24-37-23-Cg-00069.0-0005.13
County: Brevard
State: FL
Postal Code: 32920
MLS Area Major: 271 - Cape Canaveral
General County Location: Central
Subdivision Name: Avon By The Sea
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 437.72
Tax Year: 2017
Tax Legal Description: AVON TERRACE CONDO UNIT 13 BLDG A AVON TERRACE CONDO AS DESC IN ORB 1643 PG 647 AND ALL AMENDMENTS THERETO.
Directions: A1A to Johnson Ave. turn East Apts. on the south side, just blocks from the beach
General Property Information
Number Of Units Total: 24
Living Area: 10384
Living Area Source: Other
Building Area Total: 10384
Year Built: 1961
Garage YN: No
Carport YN: No
Parking Total: 37
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Association YN: No
Waterfront YN: No
List Price/SqFt: 168.53
Sold Price/SqFt: 127.28
Remarks and Miscellaneous
Public Remarks: Beautiful pool, upgraded units...New Roofs, Well Maintained, many long term tenants. 24 units total, 2 separate apartments included in this price.Avon Terrace and Poinsettia Terrace. 6 total Quads...Each Quad has (2) studios and (2) 1/1 baths. 16 of these Quads have been condominized and can be sold as single or multiple units, and are listed individually at $299,900 each. Studio's rent for $575.00 and 1Beds $675.00. Sq. Ft. is approximate. These are also listed separately as Avon Terrace 16 units (individually at $299,900 per quad) and Poinsettia Terrace with 8 units at $599,900.00.Please ask any prospective buyers not to walk around or disturb tenants.Interior Pictures are from varying units both bldgs. attachments show last years rents and proposed net. detail financial show 2018 rents
Status Change Information
Major Change Timestamp: 2018-03-12T15:54:48Z
Major Change Type: Status Change
Status Change Timestamp: 2018-03-12
Purchase Contract Date: 2018-02-08
Close Date: 2018-03-09
Close Price: 1321625
Closing Company Details
Closing Company Name: Watson, Soileau and Delio
Closing Company Address: 3490 N US 1, Cocoa FL 32923
Income and Expenses
Gross Scheduled Income: 173000
Net Operating Income: 108883
Operating Expense: 64117
Historical Information
Public Historical Remarks 1: Lot Description-Sold As-Is: Yes, Lot Description-Sidewalks: Y, Lot Description-Paved Street: Y
Public Historical Remarks 3: Source-Other: Y, Possible Financing-Holding 1st: Y, Number of Buildings: 4+ Buildings
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete
Cooling: Central Air; Wall/Window Unit(s); Other
Financial Data Source: Owner
Flooring: Tile
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Cable TV; Electricity; Grounds Care; Insurance; Pool Maintenance; Repairs; Sewer; Taxes; Trash Collection; Water
Pool Features: Community; In Ground; Private; Other
Possession: Close Of Escrow; Subject To Tenant Rights
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Electricity Connected; Sewer Connected; Water Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Supplements
rents
Listing Office: Loggins Realty Inc
Last Updated: December - 21 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.