Restaurant with Outdoor
For Sale
Contact for pricing
Pending
142 N Atlantic Avenue, Cocoa Beach, FL 32931
A 2021 renovation included new electrical and plumbing systems.
Property Size2,076 SF
Days on Market104
Property Features for 142 N Atlantic Avenue
General Information
Standard status
Pending
Size
2,076 SF
Property subtype
Retail
Amenities
indoor dining
outdoor dining
Building Details
Year Built
1997
Year Renovated
2021
Listing Agency:
Mike Selig & Associates Inc
(321) 639-1111
Listed By:
Samantha Selig · License #3231860
(321) 289-1244
Source:
Mccoyfreeman
Added: Jul 21
Changed: Oct 29
Last Checked: Oct 29 at 2:47PM
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 Mike Selig & Associates Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,076-square-foot restaurant property at 142 N Atlantic Avenue in Cocoa Beach, Florida, offers indoor and outdoor dining areas. Built in 1997, the building received a complete renovation in 2021, including new electrical and plumbing systems.
Twenty adjacent public pay-to-park spaces serve the property. The location is described as steps from the beach.
Twenty adjacent public pay-to-park spaces serve the property. The location is described as steps from the beach.
Key Highlights
- 2,076‑square‑foot restaurant property
- Indoor and outdoor dining areas
- Complete building renovation in 2021, including new electrical and plumbing systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,652
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,040
$553.0K
Cap Rate 7%
$395,029
$395.0K
Cap Rate 9%
$307,244
$307.2K
Market Conditions
NOI Build-Up for 2,076 SF
Gross rent
$39.9K $19.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$36.9K $17.76/SF
− OpEx
−$9.2K −$4.44/SF
NOI
$27.7K $13.32/SF
Area
Brevard County, FL
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,040
Cap Rate 7%
$395,029
Cap Rate 9%
$307,244
Alternative Uses
Best Use
Specialty Retail
$395.0K
$345.7K – $460.9K
NOI $27,652 @ 7.0% cap · market cap 307.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.7K
$479.3K – $639.0K
NOI $38,340 @ 7.0% cap · market cap 426.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 34%
Home Improvements & Furnishings 13%
Dunkin' Donuts
Dining
10,553 visits/mo
0.4 miles
Dollar General
Shops & Services
9,009 visits/mo
0.4 miles
Chevron
Shops & Services
6,730 visits/mo
0.2 miles
Ace Handiman Hardware
Home Improvements & Furnishings
6,723 visits/mo
0.4 miles
Sunoco
Shops & Services
6,342 visits/mo
0.4 miles
Demographics for 32931, FL
13,643
Population
10,763
Households
1.3
Avg Household Size
60
Median Age
52%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,624
Density / Sq Mi
$84,769
Median Household Income
$51,769
Median Earnings
$1,533
Median Rent
$478,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A 2021 renovation included new electrical and plumbing systems.
Where is this conventional restaurant located?
The property is located at 142 N Atlantic Avenue Cocoa Beach, FL.
What are key features of this property?
This property features: 2,076‑square‑foot restaurant property; Indoor and outdoor dining areas; Complete building renovation in 2021, including new electrical and plumbing systems
