FL
Brevard
Satellite Beach
32937
595 Cinnamon Drive
595 Cinnamon Drive, Satellite Beach, FL 32937
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Listing Type
Commercial/Industrial
Listing Status
Active
30
$1,500,000

Home Details for 595 Cinnamon Drive

Price
$1,500,000
Type
Commercial Sale
Total Bathrooms
8
Square feet
5550
Year built
1963
Lot size acres
0.38
County
Brevard
MLS Listing#
1077379
Property 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.

Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Assigned
    • Parking Lot
  • Water Features
    • Public
Listing Courtesy: LPT Realty, LLC - 877-366-2213
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.
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Median Listing Price
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Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
EXIT RIGHT REALTY
2036 14th Ave Ste 103, Vero Beach, FL 32960
Office
772 404 4450
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