Versatile Warehouse Near Atlantic
1900 S ATLANTIC Ave Cocoa Beach, FL 32931
1900 S ATLANTIC Ave, Cocoa Beach, FL, 32931
$1,950,000
For Sale
$1,950,000
18,000 SF mixed-use industrial building across from the Atlantic Ocean.
Property Size18,000 SF
Lot Size0.81 Acres
Price / SF$108.33
Days on Market83
Property Features for 1900 S ATLANTIC Ave
General Information
- Standard status
- Active
- Size
- 18,000 SF
- Lot size
- 0.81 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing Agency
cApollo Realty, Inc.
(305) 393-2792
Listed by
Pamela King · License #611940
(305) 393-2792
Source
Elliman
Added: Apr 26 Checked: Jul 16 at 5:29 am
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 cApollo Realty, Inc.
Investment Insights
Based on property information with market context.
This strategically positioned 18,000 square foot mixed-use industrial building offers an excellent opportunity for businesses needing secure, functional storage space for equipment, machinery, or materials. Located directly across from the Atlantic Ocean in Cocoa Beach, Florida, the property is suitable for contractors, service companies, distributors, and owner-users seeking flexibility and efficiency. Situated on a 0.81-acre parcel, the property benefits from high visibility and features large signs on both ends, allowing businesses to advertise to local and tourist traffic. The BU-2 zoning provides options for various business types. The warehouse was constructed using high-end split face block and includes a welding/mechanic shop and a large mezzanine with an 8-inch pre-stressed slab. The warehouse has a concrete ceiling with bar joists and drive-through bay doors measuring 20 feet by 20 feet.
Key Highlights
- Rare 18,000± s/f mixed‑use industrial building directly across from the Atlantic Ocean in Cocoa Beach.
- High visibility location on 0.81 acres with large signs for advertising to local and tourist traffic.
- BU‑2 zoning provides endless business options.
Local Financial Insights For Warehouse
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 | $151.2k | $8.40 |
| − Vacancy | −$5.3k | −$0.29 |
| EGI | $145.9k | $8.11 |
| − OpEx | −$21.9k | −$1.22 |
| NOI | $124.0k | $6.89 |
18,000 SF · lease $8.40/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$2.63M
$2.30M – $3.06M
NOI $183,784 @ 7.0% cap · market cap 9.42%
Second Best
Warehouse
$1.77M
$1.55M – $2.07M
NOI $124,022 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,424 @ 7.0% cap · market cap 17.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jennings Applied Behavior
Family Counselor
Custom Docks Marine ...
Big Box & Wholesale Store
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FAQs
What type of property is this?
Warehouse - 18,000 SF mixed-use industrial building across from the Atlantic Ocean.
Where is this warehouse located?
The property is located at 1900 S ATLANTIC Ave Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Rare 18,000± s/f mixed‑use industrial building directly across from the Atlantic Ocean in Cocoa Beach.; High visibility location on 0.81 acres with large signs for advertising to local and tourist traffic.; BU‑2 zoning provides endless business options.
