686 Atlantic Avenue 1-8, COCOA BEACH, FL 32931
- MLS#: O6325042 ( Residential Income )
- Street Address: 686 Atlantic Avenue 1-8
- Viewed: 12
- Price: $1,599,900
- Price sqft: $201
- Waterfront: No
- Year Built: 1962
- Bldg sqft: 7940
- Bedrooms: 16
- Total Baths: 8
- Days On Market: 28
- Additional Information
- Geolocation: 28.3061 / -80.6091
- County: BREVARD
- City: COCOA BEACH
- Zipcode: 32931
- Subdivision: Cocoa Beach
- Provided by: C. APOLLO REALTY INC
- Contact: Rebecca Sparks
- 321-784-9602
- DMCA Notice
-
DescriptionRare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34 acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique style experience, providing an alternative to high rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income producing coastal GEM with unbeatable location and long term upside
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Balcony, Courtyard
- Living Area: 5976.00
- Other Structures: Workshop
- Roof: Other
Property Information
- Property Condition: Completed
Land Information
- Lot Features: Corner Lot, City Limits, Paved
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Open
Eco-Communities
- Pool Features: In Ground, Pool Sweep, Salt Water
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Electric
- Sewer: Public Sewer
- Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
- Country: US
- Interior Features: Ceiling Fans(s), Thermostat
- Legal Description: Plat Book #: 11; Plat Book Page: 67
- Levels: Two
- Area Major: 32931 - Cocoa Beach
- Occupant Type: Owner
- Parcel Number: 2517935
- Possession: Close Of Escrow
- Unit Number: 1-8
- Views: 12
- Zoning Code: RESI
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- Property Tax $
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- HOA Fees $
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$1,599,900.00 ($201.50 / sqft )
686 Atlantic Avenue 1-8 Virtual Tour More Like This Login To Like
Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34 acre corner lot, this unique property includes two
- Bedrooms: 16
- Baths: 8
- Approx. 7940 sqft
- Provided by C. APOLLO REALTY INC
- Provided through
- DMCA Notice