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595 Cinnamon Drive , Satellite Beach, FL 32937


Sold For: 1356750

Sold on: Jul 30th, 2026
$ Per Square Foot: Not Available
Beds: 0
Baths: 8
Days on Market: 77

Comments for 595 Cinnamon Drive , Satellite Beach, FL 32937

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.

Cooling: Ceiling Fan(s), Central Air, Electric Parking Notes: Assigned, Parking Lot
Days on Market: 77 Roof Type: Shingle, Tile
Exterior: Block, Concrete Security/ Safety Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Flooring: Terrazzo Sewer: Public Sewer
Heating: Central, Electric Utility Features: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Lot Description: Zero Lot Line Water: Public
Lot Size: 0.38 Acres Year Built: 1963

Listed By

Agency Name: LPT Realty, LLC
Agency Phone: 877-366-2213
Agent Name: Guy Newman

Shown By

Agent Name: Jean Kelly
Agent Phone: 561.626.7900
Agency Title: Illustrated Properties

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