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150 S Orlando Avenue, Cocoa Beach, FL, 32931
Auto Body Shop with Live Quarters

150 S Orlando Avenue Cocoa Beach, FL 32931

For Sale
$2,200,000

Concrete block building with newer roof, four roll-up doors, living quarters, and rear alley drive-up access.

Property Size5,000 SF
Price / SF$440
Days on Market143

Property Features for 150 S Orlando Avenue

General Information

Standard status
Active
Size
5,000 SF
Property subtype
Mixed Use

Building Details

Year Built
1980
Listing Agency:
Listed By: Keller Williams Space Coast
Source: Xome
Added: Mar 2 Changed: Jul 22 Last Checked: Jul 23 at 3:27AM

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 Keller Williams Space Coast


Investment Insights

Based on property information with market context.

This approximately 5,000 SF concrete block building includes a newer roof, four roll-up doors, and on-site living quarters, supporting a flexible live/work commercial setup. The property is currently operating as an auto body shop in Cocoa Beach, and the tools and machinery convey, providing an immediate owner-operator transition.

A public alley offers convenient rear drive-up access, which can support automotive, service, or light industrial use. The property is located two blocks from the ocean and steps to downtown Cocoa Beach.

Zoned TC – Town Center, the property supports a range of uses including retail, restaurant, office, residential, hospitality, and mixed-use development. Allowable height is up to 45 feet.

Key Highlights

  • Approx. 5,000 SF concrete block commercial building with newer membrane roof (year built 1980)
  • Four roll‑up doors plus a public alley for rear drive‑up access
  • On‑site living quarters for live/work flexibility

Financial Insights For Office B

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 $108.0k $21.60
− Vacancy −$17.3k −$3.46
EGI $90.7k $18.14
− OpEx −$22.7k −$4.54
NOI $68.0k $13.61
5,000 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$972.0K
$850.5K – $1.13M (±1% cap)
NOI $68,040 @ 7.0% cap · market cap 3.09%
Second Best
Mixed Use
$828.8K
$725.2K – $966.9K (±1% cap)
NOI $58,013 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,340 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Neway Collision Shop Auto Repair Shop

Suggested Use

Electrical Service Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Accounting Firm Florist Computer & Electronic Repair

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

FAQs

What type of property is this?
Live-work space - Concrete block building with newer roof, four roll-up doors, living quarters, and rear alley drive-up access.
Where is this live-work space located?
The property is located at 150 S Orlando Avenue Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approx. 5,000 SF concrete block commercial building with newer membrane roof (year built 1980); Four roll‑up doors plus a public alley for rear drive‑up access; On‑site living quarters for live/work flexibility
More about this property
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