105 Cleveland Ave, Cocoa Beach, FL 32931
Multi-tenant retail property near A1A in Cocoa Beach, Florida.
- Added:
- Feb 11, 2026
- Days on Market:
- 139
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 105 Cleveland Ave
General Information
- Standard status
- Active
- Size
- 6,840 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing office Marcus & Millichap - Orlando (407) 620-2416
Listing date Feb 11, 2026
Source Crexi
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HighLights
- Value‑add investment opportunity with 4,400 sq ft of vacant space for owner‑user or lease‑up.
- Located one building east of A1A in Cocoa Beach, Florida.
- Strong population growth projected (15% over 5 years) in the Space Coast area.
- Below market price at approximately $175 per square foot.
- Existing tenant occupies 2,440 sq ft providing immediate income.
- High median household income of $70,162 within a one‑mile radius.
Overview
Local Financial Insights For 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 | $123.1k | $18.00 |
| − Vacancy | −$10.5k | −$1.53 |
| EGI | $112.7k | $16.47 |
| − OpEx | −$33.8k | −$4.94 |
| NOI | $78.9k | $11.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cocoa Beach
- County
- Brevard
- State
- Florida
- Longitude
- -80.6049171
- Latitude
- 28.3752834