157 N Orlando Avenue, Cocoa Beach

$1,900,000

0 Beds
6 Baths
4,378 Sqft
.19 Acres
0 Garages

How would you like to own a little slice of Thriving Downtown Cocoa Beach? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, has total area 4378 S.F.~2 retail spaces on the 1st FLR and 2 vacation rental apartments on the 2nd FLR. The retail units have long term leases in place and the vacation rentals are currently running at 90% occupancy rate. Make money why you enjoy the Florida Cocoa Beach Lifestyle. 5.5% cap rate. Located in Downtown Cocoa Beach and 1 block from the beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dinning, living and laundry room. One unit has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helpswith the parking overflow. With this building being totally renovated and up to current codes there are no maintenance nightmares. So turn in your tool belt and start collecting your money. Make your appointment to view today!

Essential Information
MLS® #844995
Price$1,900,000
Bathrooms6.00
Square Footage4,378
Acres0.19
Year Built1992
TypeCommercial/Industrial
Sub-TypeCommercial
StatusActive
Style

Beach Area, Central Business Dst, City

Community Information
Address157 N Orlando Avenue
Area272 - Cocoa Beach
SubdivisionCOCOA BEACH 2ND ADDN TO
CityCocoa Beach
StateFL
Zip Code32931
Utilities

Water Available, 110 Volts, 220 Volts, Cable, Municipal Water, Telephone, Public Sewer, Public Water

Features

Kitchen Facilities, Landscaped, Private Restroom, Public Restroom, Rear Access, Reception Area, Separate Office Area, Office, Laundry

Interior
InteriorConcrete
HeatingCentral Individual, Electric
CoolingElectric, Central Individual
# of Stories2
Exterior
RoofComp Shingle, Wood Truss/Raft
ConstructionCBS
Additional Information
HOA Fees0.00
Listing Details
OfficeCENTURY 21 Ocean
LISTING MAP

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