Versatile Warehouse Near Atlantic
For Sale
$1,950,000
1900 S ATLANTIC Ave, Cocoa Beach, FL 32931
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 Market96
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
Changed: Jul 10
Last Checked: Jul 30 at 6:45AM
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.
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Under-served
Demand for This Use
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
Market
Properties on Market for Warehouses in Brevard County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Southern Self Storage — 14 S 20th St, Cocoa Beach, FL 32931
Frequently Asked Questions
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.
