Active
418 Adams Avenue
Cape Canaveral FL, 32920
$3,550,000
$517.19 per sqft
Active
6,864 sqft
Commercial
Built in 1966
This boutique 9-unit apartment building, located a mere 1 1/2 blocks from the beach, offers an unparalleled opportunity for developers seeking the perfect value-add scenario. Nestled just a stone's throw away from the pristine shores of Cape Canaveral, the Blue Coast Apartments stand as a testament to coastal living at its finest. With a construction of concrete block, both in its inner-walls and structure, the Blue Coast Apartments exude durability and timeless charm. Residents here enjoy the comfort of central air conditioning, A+ walkability, ensuring that coastal living remains a breeze year-round. But what truly sets this property apart is the exclusive opportunity it presents for developers. With a vision to renovate and elevate, the Blue Coast Apartments invite those with foresight to bring these gems up to market value. Picture it - modern finishes, sleek amenities, and a fresh coastal aesthetic. As the sun dips below the horizon, the private courtyard becomes a tranquil haven for residents, offering a serene retreat amidst the vibrant beach community. The Blue Coast Apartments are more than just a building; they're a canvas for a developer's imagination. A canvas that, when brought to life, promises not only a sound investment but also a piece of Cape Canaveral's coastal dream. This is the chance to transform an already exceptional location into a true masterpiece of coastal living. Show by appointment only.
975082
MLSⓇ ID
September 13, 2023
Listed
February 20, 2025
Updated
Interior Features
Total Stories
2
Floor Description
Terrazzo, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air, Central Building
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.29 Acres
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Security
Firewall(s), Smoke Detector(s)
Other Property Details
Area Name
271 - Cape Canaveral
Taxes
$11,087
Tax Frequency
Annually
Garage
No
View
No
County
Brevard
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/7/2024 | Price change | $3,550,000 -2% |
Courtesy of One Sotheby's International, James Edmunds,
Listing Contact: 321-984-3135
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 Carpenter | Kessel Real Estate 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.