404 Harrison Ave 12 Unit Apartment Building $3,084,634 CAD ($257,053 CAD/Unit) 7% Cap Rate Cape Canaveral, FL 32920

The APT Brokers presents Harrison Apartments, a well-located 12-unit multifamily property in Cape Canaveral, just two blocks from the ocean and within walking distance of the beach. Each unit features a spacious 2-bedroom, 1-bath layout with central air conditioning, ensuring tenant comfort year-round. The property is adjacent to Sandpiper Park, offering green space and recreational amenities, and is conveniently close to Port Canaveral, making it an attractive option for both long-term renters and those working in the thriving cruise and tourism industry.
With tenants covering their own electricity and the owner responsible only for water, Harrison Apartments offers a streamlined investment opportunity with predictable expenses. The property's prime coastal location and strong rental demand in the area contribute to long-term appreciation and stable occupancy. This multifamily investment presents a rare chance to own a well-maintained property in one of Florida’s most sought-after beachside communities.