Turn-Key Hospitality Complex with
101 N Atlantic Avenue Cocoa Beach, FL 32931
For Sale
$4,000,000
Turn-key restaurant and arcade hospitality venue with a commercial-grade swimming pool and dedicated public parking lot for oversized vehicles.
Property Size12,084 SF
Price / SF$331.02
Days on Market151
Property Features for 101 N Atlantic Avenue
General Information
- Standard status
- Active
- Size
- 12,084 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1964
Listing Agency:
One Sotheby's International
(321) 349-5068
Listed By:
James Edmunds · License #3414010
(321) 349-5068
Source:
Xome
Added: Feb 22
Changed: Jul 23
Last Checked: Jul 23 at 11:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International
Investment Insights
Based on property information with market context.
This turn-key hospitality complex includes a restaurant and arcade environment supported by a commercial kitchen and an indoor bar. The building provides two contemporary restrooms and three commercial family shower facilities for guests, members, and event patrons. A commercial-grade swimming pool is a primary feature of the site, with water features, a sun shelf, accessible entry accommodations, and a surrounding pool deck and lounge area.
Outdoor areas include patios, decking, landscaped gathering spaces, and integrated indoor and outdoor audio zones for events and entertainment. The property has been modernized with updated mechanical systems, utilities, commercial power capacity, security and access controls, and full accessibility compliance.
A dedicated public parking lot supports oversized vehicles and also operates as rental parking to produce independent income. Central business commercial zoning is noted as providing long-term flexibility, including vertical expansion potential, increased height allowances, and limited setback.
Outdoor areas include patios, decking, landscaped gathering spaces, and integrated indoor and outdoor audio zones for events and entertainment. The property has been modernized with updated mechanical systems, utilities, commercial power capacity, security and access controls, and full accessibility compliance.
A dedicated public parking lot supports oversized vehicles and also operates as rental parking to produce independent income. Central business commercial zoning is noted as providing long-term flexibility, including vertical expansion potential, increased height allowances, and limited setback.
Key Highlights
- Turn‑key hospitality venue with restaurant, arcade, and indoor bar supported by a commercial kitchen
- Commercial‑grade swimming pool designed for hospitality use, with water features, sun shelf, and surrounding pool deck and lounge area
- Dedicated public parking lot with capacity for oversized vehicles; parking lot also used as rental space for independent income
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.0k | $19.20 |
| − Vacancy | −$17.4k | −$1.44 |
| EGI | $214.6k | $17.76 |
| − OpEx | −$53.7k | −$4.44 |
| NOI | $161.0k | $13.32 |
12,084 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $160,959 @ 7.0% cap · market cap 4.02%
Second Best
Hotel Hospitality
$1.56M
$1.36M – $1.82M
NOI $109,104 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M
NOI $223,167 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Walter Rose Jr ...
Law Firm
RSM Mc Gladrey ...
Business Management Consultant
FAQs
What type of property is this?
Resort - Turn-key restaurant and arcade hospitality venue with a commercial-grade swimming pool and dedicated public parking lot for oversized vehicles.
Where is this resort located?
The property is located at 101 N Atlantic Avenue Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Turn‑key hospitality venue with restaurant, arcade, and indoor bar supported by a commercial kitchen; Commercial‑grade swimming pool designed for hospitality use, with water features, sun shelf, and surrounding pool deck and lounge area; Dedicated public parking lot with capacity for oversized vehicles; parking lot also used as rental space for independent income
