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32651501
32651517

595 Cinnamon Drive, Satellite Beach, FL 32937

LPT Realty
Listed by LPT Realty
$1,500,000
20 days on market
Updated 20 days ago

595 Cinnamon Drive

Details
APN 26-37-35-55-0000f.0-0011.00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,550
Units 8
Year Built 1963
Acreage 0.380

Multifamily | 8 Units

Marketing description

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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LPT Realty
Listed by LPT Realty

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