Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1299 S Orlando Ave S Cocoa Beach, FL 32931

    Sponsored
    For Sale
    $799,000

    MULTI_FAMILY - Cocoa Beach, FL

    Property size:
    1,820 SF
    Lot size:
    0.20 Acres
    Days on Market:
    21
    Last Refresh:
    Feb 2 at 1:06 am

    Property Features for 1299 S Orlando Ave S

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    25-37-23-77-00020.A-0009.00
    Parking
    4
    Parking features
    Carport
    Fencing
    Privacy
    Appliances
    Electric Range, Electric Water Heater, Refrigerator, Washer
    Size
    1,820 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Listing Contact
    Stephen J Harrington

    Property Center LLC dba Florida Property Center (321) 783-2620

    Listing agent Stephen J Harrington (321) 783-2620

    Listing date Jan 13, 2026

    MLS# 1066241 Listing URL

    Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Cocoa Beach Duplex Near Ocean

    This midcentury style Cocoa Beach duplex presents a unique opportunity, located a short walk from the beach. The property features two spacious units: one with 2 bedrooms and 1 bath, and the other with 2 bedrooms and 2 baths. Each unit is separately metered for water and electricity and includes a large carport, a storage room with a washer and dryer. Both units have been remodeled and are being sold turnkey furnished. The property includes new AC units with WIFI thermostats and electronic locks. The grounds are improved with irrigated tropical landscaping and paver patios. Situated outside Cocoa Beach city limits, the property is not subject to onerous short-term rental restrictions and is currently operating as a successful short-term rental with a profitable rental history. Located across the street from the ocean, guests can hear the waves and enjoy sea breezes. The property is also suitable for long-term rentals. It is located a short distance from the downtown bar and restaurant scene. The property size is 1820 square feet and the lot size is 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Building Supply Gym & Fitness Auto Repair Shop Accounting Firm Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.609261
    Latitude
    28.295374

    Nearby Similar for Sale

    • $1,390,000
      2,919 SF

      Cocoa Beach Multifamily Property

      Remodeled multifamily property near the beach, suitable for various uses.
      492 Dempsey Dr, Cocoa Beach, FL 32931
      View Details
    • $625,000
      1,700 SF

      Turnkey Duplex in Cocoa Beach

      Fully furnished, Airbnb-ready duplex near beach, dining, and entertainment.
      247 Woodland Ave, Cocoa Beach, FL 32931
      View Details
    • New
      $700,000
      1,728 SF

      Cocoa Beach Triplex Investment Opportunity

      Income-producing triplex near the ocean in Cocoa Beach, Florida.
      300 S Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • $299,000
      602 SF

      Remodeled Commercial Space Near Beach

      Remodeled commercial property in downtown Cocoa Beach, two blocks from beach.
      200 N 1St St, Cocoa Beach, FL 32931
      View Details
    • $899,999
      3,200 SF

      Mixed-Use Parcel in Cocoa Beach

      Mixed-use property in vibrant downtown Cocoa Beach with commercial and residential potential.
      118 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $489,000
      1,460 SF

      Cocoa Beach Commercial Opportunity

      Premier commercial property in high-traffic Cocoa Beach location, steps from beach.
      71 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • $3,545,000
      8,177 SF

      Cocoa Beach Boutique Rental Complex

      Turnkey, fully renovated 13-unit short-term rental complex near Cocoa Beach.
      637 S Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • $2,490,000

      Cocoa Beach Commercial Property For Sale

      Commercial property with ocean views, warehouse, and highway frontage.
      1900 S Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $1,500,000

      Marine Business with Redevelopment Potential

      Operating marine business with real estate and redevelopment possibilities near ocean.
      342 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • $380,000

      Oceanfront Living in Cocoa Beach

      Oceanfront condo with rental potential and updated features.
      4850 Ocean Beach Blvd, Cocoa Beach, FL 32931
      View Details
    • $899,900

      Cocoa Beach Mixed-Use Investment

      Prime Beachfront Location, Multi-Use Potential
      136 Marion Ln, Cocoa Beach, FL 32931
      View Details
    • $999,999

      Cocoa Beach Commercial Gem

      Prime Retail/Mixed-Use, Ocean Block
      63 Orlando Ave, Cocoa Beach, FL 32931
      View Details

    FAQs

    What type of property is this?
    Duplex - Remodeled, furnished duplex near the beach, ideal for short-term rentals.
    Where is this duplex located?
    The property is located at 1299 S Orlando Ave S Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Short walk to the beach and literally across the street from the Ocean.; - Successful and profitable short term rental history.; - Located outside Cocoa Beach city limits, avoiding short term rental restrictions.
    (321) 783-2620
    Request Owner's contact information
    1299 S Orlando Ave S Cocoa Beach, FL 32931
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1299 S Orlando Ave S
    Cocoa Beach, FL 32931
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1299 S Orlando Ave S Cocoa Beach, FL 32931
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stephen J Harrington
    (321) 783-2620
    Learn more
    Google sign-in failed. Please try again or use another login method.