Palm Villas At The Port

147 Anchorage Avenue, Cape Canaveral, FL 32920

  • For Sale $4,300,000
  • Property Type Other
  • Property Size 60,548.4 SF
  • Units 32
  • Year Built 1984
  • Date Updated Feb 18, 2025

Palm Villas At The Port - Investment Opportunity

SP Multifamily Group of Marcus & Millichap invites qualified investors to review Palm Villas At The Port, a 32-unit Multifamily Community located in Cape Canaveral, FL.

Communication

All inquiries and requests should be directed to the deal team contacts listed below. To avoid disruption to the property's operations, please do not contact on-site management, residents, or any other personnel at the property.

Property Tours

Marcus & Millichap representatives will accompany you on property tours. All tours require a minimum of 48-hour advance notice and are subject to availability. Please coordinate all tours with a member of the deal team.

Underwriting & Due Diligence

Prospective purchasers are advised to conduct their own underwriting and due diligence prior to submitting an offer. Please contact a deal team member for questions regarding underwriting assumptions, comparables, expenses, and historical financial information.

Offer Submission

Please direct offers to all team members listed on this page. See the Offering Memorandum for more detail.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • - 32-Unit Multifamily Community Consisting Of 1-Bedroom, 1-Bathroom Units Surrounded By The Booming Aerospace And Tourism Industry of the Space Coast.
  • - Due To Rents Being Artificially Low As A Result Of Long-Term Ownership (30+ Years), Investors Have The Unique Opportunity To Undergo A Major Rental Increase as Leases Turn.
  • - Amenities Include On-Site Laundry Facility, Private Backyards For Each Tenant, Assigned Parking Spots, And Utility Buildings On-Site For Extra Storage.
  • - Investors Also Have An Additional Opportunity To Implement A Flat-fee Water/Sewer/Trash Reimbursement System, As Normal For Multifamily Properties In This Area.
  • - Located In Cape Canaveral, Palm Villas at the Port Is Under 15-Minutes Away From Port Canaveral, Kennedy Space Center, Cocoa Beach, And Other Job/Entertainment Hubs Of The Space Coast.

Contacts

broker
Dustyn Lind

SP Multifamily Group, Marcus & Millichap

broker
Matthew Prozzillo

SP Multifamily Group, Marcus & Millichap

broker
Benjamin Skinner

SP Multifamily Group, Marcus & Millichap

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Cape Canaveral, FL
  • Neighborhood Cape Canaveral
  • Zip Code 32920
  • Market Orlando

Points of Interest

  • Shell

    0.17 miles

  • Mobil

    0.63 miles

  • Shell Recharge Solutions

    0.81 miles

  • Sunoco

    2.11 miles

  • BP

    4.49 miles

  • Chevron

    5.07 miles

  • RaceTrac

    5.93 miles

  • ChargePoint

    7.77 miles

  • Greenlots

    9.07 miles

  • Tesla Destination Charger

    9.62 miles

  • Parking - Port Canaveral Terminal 1

    0.59 miles

  • Parking - Port Canaveral Victory Casino Cruises

    0.63 miles

  • Parking - Port Canaveral Terminal 3

    0.71 miles

  • Parking - Port Canaveral Terminal 10

    1.46 miles

  • Parking - Port Canaveral Employee and Vendor Parking

    1.67 miles

  • Parking - Port Canaveral Terminal 5

    1.75 miles

  • Parking - Port Canaveral Terminal 8

    1.76 miles

  • Parking - Port Canaveral Terminal 6

    1.86 miles

  • Hampton Inn & Suites Cape Canaveral Cruise Port

    0.31 miles

  • Home2 Suites by Hilton Cape Canaveral Cruise Port

    0.33 miles

  • Homewood Suites by Hilton Cape Canaveral-Cocoa Beach

    0.40 miles

  • Radisson Resort at the Port

    0.43 miles

  • TownePlace Suites

    0.45 miles

  • Residence Inn Cape Canaveral Cocoa Beach

    0.50 miles

  • SpringHill Suites

    0.52 miles

  • Country Inn & Suites

    0.58 miles

  • Holiday Inn Club Vacations Cape Canaveral Beach Resort

    0.73 miles

  • British Swim School of Holiday Inn Express & Suites - Cocoa Beach

    2.09 miles

  • McDonald's

    0.31 miles

  • Subway

    0.38 miles

  • Zachary's Restaurant

    0.38 miles

  • Burger King

    0.45 miles

  • Wendy's

    0.45 miles

  • Larry's Shack

    0.61 miles

  • Rising Tide Tap & Table

    0.72 miles

  • Grills

    0.77 miles

  • Smokehouse Food, Inc

    0.77 miles

  • Seafood Atlantic

    0.80 miles

  • Shelton College

    0.32 miles

  • Cape View Elementary School

    0.69 miles

  • Robert Louis Stevenson Elementary School of the Arts

    3.85 miles

  • Audubon Elementary School

    4.06 miles

  • Lewis Carroll Elementary School

    5.58 miles

  • Theodore Roosevelt Elementary School

    5.78 miles

  • Divine Mercy Catholic School

    5.78 miles

  • Cocoa Beach High School

    5.82 miles

  • Faith Lutheran Preschool and Kindergarten

    5.84 miles

  • Merritt Island High School

    5.88 miles

Frequently Asked Questions

How much does Palm Villas At The Port cost?

The space currently listed for sale at Palm Villas At The Port asks for $4,300,000.

What is the total square footage of Palm Villas At The Port?

Palm Villas At The Port totals 1 square feet.

When was this property built?

Palm Villas At The Port was built in 1984.

Looking for more in-depth information on this property?

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Contact Palm Villas At The Port
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