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.
Listed By
Agency Name: LPT Realty, LLC
Agency Phone: 877-366-2213
Shown By
Agent Name: Beth Stoothoff
Agent Phone: (352) 455-2778
Agency Title: Watson Realty Corp., REALTORS ®
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595 Cinnamon Drive , Satellite Beach, FL 32937.
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595 Cinnamon Drive , Satellite Beach, FL 32937.
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595 Cinnamon Drive | MLS# 1077379
This commercial property located at 595 Cinnamon Drive , Satellite Beach, FL 32937 is currently listed for sale with an asking price of $1,500,000. Search Satellite Beach real estate on beth.watsonrealtycorp.com today.