686 Atlantic Avenue 1-8, Cocoa Beach, FL 32931
- MLS#: O6325042 ( ResidentialIncome )
- Street Address: 686 Atlantic Avenue 1-8
- Viewed: 2
- 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
- DMCA Notice
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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: NewConstruction
Land Information
- Lot Features: CornerLot, CityLot
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Open
Eco-Communities
- Pool Features: InGround, PoolSweep, SaltWater
- Water Source: Public, MultipleMeters
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Electric
- Sewer: PublicSewer
- Utilities: CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, SewerConnected, WaterAvailable, WaterConnected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: Cooktop, Dryer, Dishwasher, Range, Refrigerator, TanklessWaterHeater, Washer
- Country: US
- Interior Features: CeilingFans
- Legal Description: Plat Book #: 11; Plat Book Page: 67
- Levels: Two
- Area Major: 32931 - Cocoa Beach
- Occupant Type: Owner
- Parcel Number: 2517935
- Possession: CloseOfEscrow
- The Range: 0.00
- Unit Number: 1-8
- Zoning Code: RESI
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- Property Tax $
- Home Insurance $
- HOA Fees $
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$1,599,900.00 ($201.50 / sqft )
686 Atlantic Avenue 1-8 Virtual Tour Reduced 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
- Contact Rebecca Sparks
- DMCA Notice