1515 Minutemen Causeway
Cocoa Beach, FL 32931
- Conveniently located 1.5 miles to the beach
- Concrete Block Construction
- Impact windows installed
- All electrical panels updated in 2019
- 6 boat slips on navigable water
- Parking lot repaired and asphalted in 2020
- Value-add property
- 100% occupied
SVR Commercial, LLC is pleased to present a six-unit waterfront apartment complex. Built in 1980 the concrete block complex is comprised of six 2-bedroom, 2 bath units each approximately 1,050 square feet. Each offers their own stunning views of the Banana River. All units are leased far below market rent, providing an immediate opportunity for investors to capitalize by raising rents. The apartments also have 6 boat slips that could be rented out for additional income. By updating the interior of the apartments, it would complement the recently upgraded impact windows in this true value-add investment property.
This 6-unit waterfront investment opportunity is in the world-famous surfing town of Cocoa Beach. The property is located off Minutemen Causeway overlooking the Banana River. Located less than 1.5 miles from the beach, and across the street from Cocoa Beach Country Club. All units have have a water view.