CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
686 Atlantic Avenue 1-8, COCOA BEACH, FL 32931
Request More Information
  • All fields are required.
  • MLS#: O6325042 ( Residential Income )
  • Street Address: 686 Atlantic Avenue 1-8
  • Viewed: 9
  • Price: $1,899,900
  • Price sqft: $239
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 7940
  • Bedrooms: 16
  • Total Baths: 8
  • Days On Market: 8
  • 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
  • mfrmls
  • DMCA Notice
  • Description
    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 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
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
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
  • Zoning Code: RESI
Similar Properties

Details for 402 Orlando Avenue, COCOA BEACH, FL 32931
$2,100,000.00 ($637.91 / sqft )

402 Orlando Avenue Virtual Tour More Like This

7.5% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovatio

  1. Bedrooms: 8
  2. Baths: 7
  3. Approx. 3292 sqft
  1. MLSID: O6318947
  2. Provided by MARGAUX REALTY INC
  3. Contact Adolfo Pereira IV
  4. mfrmls
  5. DMCA Notice
Details for 402 Orlando Avenue, Cocoa Beach, FL 32931
$2,100,000.00 ($637.91 / sqft )

402 Orlando Avenue Virtual Tour More Like This

8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovatio

  1. Bedrooms: 8
  2. Baths: 7
  3. Approx. 3292 sqft
  1. MLSID: O6318947
  2. Provided by MARGAUX REALTY INC
  3. Provided through
  4. DMCA Notice
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com