This 2-bedroom, 2-bathroom condo with 1110-square-feet of living space in Cape Canaveral, Brevard County, is currently income-producing and rented on a month-to-month basis, bringing in $1650 per month. With the tenants being on a month-to-month basis, in the event an investor elected to hold this property as a rental, you could easily achieve $1900 per month.

This property had a new roof installed in 2023 and a high-voltage electric replacement in 2022. The air conditioning and water heater have been replaced in the last four years. A full cosmetic rehab is recommended to further enhance its value by adding LVP flooring, paint, kitchen cabinets, and refreshing the bathrooms. The property is well-positioned near A-rated schools, beaches, the cruise port, restaurants, and shopping. 

The cheapest active 2-bedroom comparable in the area is listed at $260,000, highlighting the investment potential.  

Reach out to your EquityPro Advisor today so you don't miss out on this opportunity.