3501 S Atlantic Avenue, Cocoa Beach

$829,000

0 Beds
0 Baths
12,632 Sqft
.29 Acres
0 Garages

A rare oceanfront opportunity in south Cocoa Beach. This parcel consists of three lots and runs from the ocean to the road, with 50' of direct oceanfront and some of the best beach and surf breaks in Cocoa Beach. There is an existing commercial building on the front two lots with room to build a luxury 4 story duplex on the oceanfront lot. Keep the existing building for office or business and build a new single family or duplex or tear down the existing building for more room to construct an even larger dwelling. Survey attached with proposed new duplex and retention of existing commercial building. Existing building recently received new windows and doors, stucco rendering and new paint (2018). New roof by Barfield in 2014. New commercial A/C unit installed by Kabran in 2015.Rental history of between $850 and $1250 / month, which provides coverage for Brevard Country annual land tax assessment costs, property insurance costs and other ownership costs. No monthly broadband charges for service to the property as it is covered via an agreement with "Surfguru.com" for hosting an onsite surf camera at the end of the property. Live view of actual beach and surf conditions directly in front of (and from) the property can be seen at https://www.surfguru.com/pafb-2nd-light-surf-report

Whole building currently tenanted on month to month basis, but has two separate bathrooms and building entry points (currently sealed) and could be sub-divided into two distinct retail units if required.

Essential Information
MLS® #805953
Price$829,000
Square Footage12,632
Acres0.29
TypeVacant Land
Sub-TypeMixed Use
StatusActive
Community Information
Address3501 S Atlantic Avenue
Area272 - Cocoa Beach
SubdivisionORLANDO BEACH
CityCocoa Beach
CountyBrevard
StateFL
Zip Code32931
Amenities
Is WaterfrontYes
WaterfrontOcean
Utilities

Cable Available, Electric, City Water, Sewer

Exterior
Lot DescriptionBuildable
School Information
ElementaryRoosevelt
MiddleCocoa Beach
HighCocoa Beach
Additional Information
ZoningRU-2-15
HOA Fees0.00
Listing Details
OfficeWalker Bagwell Properties Ltd
LISTING MAP

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