Office Building with
New
For Sale
$1,300,000
1727 N Atlantic Avenue, Cocoa Beach, FL 32931
Commercial Sale, Cocoa Beach, FL
Property Size4,081 SF
Lot Size0.48 Acres
Price / SF$318.55
Days on Market1
Property Features for 1727 N Atlantic Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Parking Lot
Directions
Heading Southbound on A1A from 520, pass S Banana River Blvd intersection, then the property is on the West side of A1A.
Subdivision
272 - Cocoa Beach
Standard status
Active
APN
25-37-03-00-00005.0-0000.00
Size
4,081 SF
Lot size
0.48 Acres
Additional Details
Property Use
Medical/Professional Office, Hair Salon
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF S 1/2 OF GOVT LOT 4 W OF A1A AS DESC IN ORB 3198 PG 261 PARS 6 & 7
Tax Annual Amount
12248
Legal Description
PART OF S 1/2 OF GOVT LOT 4 W OF A1A AS DESC IN ORB 3198 PG 261 PARS 6 & 7
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private courtyard
Building Details
Year built
1993
Flooring type
Tile, Wood
Building materials
Stucco
Roof type
Tile
Listing Agency:
Waterman Real Estate Inc.
(321) 244-7653
Listed By:
Meili Viera Porter · License #3215665
(321) 848-7344
Added: Oct 29
Last Checked: Oct 29 at 6:06PM
MLS# 1091146
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The freestanding office property contains 4,081 square feet on a 0.48-acre parcel. Its interior includes multiple private offices, four with sinks, plus reception and waiting areas. A separate suite is used as a hair salon and opens to a private courtyard. Tile and wood flooring, central heating and air conditioning, and a parking lot are among the building features. The structure was built in 1993, with stucco exterior walls and a tile roof; public water and sewer serve the property.
Located on A1A in Cocoa Beach, the property is 0.5 miles from the forthcoming Westin Resort & Spa. The setting and existing office configuration are complemented by on-site parking and landscaped grounds.
Located on A1A in Cocoa Beach, the property is 0.5 miles from the forthcoming Westin Resort & Spa. The setting and existing office configuration are complemented by on-site parking and landscaped grounds.
Key Highlights
- 4,081‑square‑foot freestanding office building on 0.48 acres
- Multiple private offices, including four with sinks
- Separate salon suite with private courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,534
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,680
$1.1M
Cap Rate 7%
$793,343
$793.3K
Cap Rate 9%
$617,044
$617.0K
Market Conditions
NOI Build-Up for 4,081 SF
Gross rent
$88.1K $21.60/SF
− Vacancy
−$14.1K −$3.46/SF
EGI
$74.0K $18.14/SF
− OpEx
−$18.5K −$4.54/SF
NOI
$55.5K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,680
Cap Rate 7%
$793,343
Cap Rate 9%
$617,044
Alternative Uses
Best Use
Office B
$793.3K
$694.2K – $925.6K
NOI $55,534 @ 7.0% cap · market cap 4.27%
Second Best
Healthcare Medical
$733.7K
$642.0K – $856.0K
NOI $51,362 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.08M
$942.1K – $1.26M
NOI $75,368 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A separate suite is currently configured for salon use.
Where is this office building located?
The property is located at 1727 N Atlantic Avenue Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,081‑square‑foot freestanding office building on 0.48 acres; Multiple private offices, including four with sinks; Separate salon suite with private courtyard
