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12-Unit Riverfront Multifamily Property

3550 S Atlantic Avenue, Cocoa Beach, FL 32931

For Sale
$3,650,000

Residential Income, Cocoa Beach, FL

Property Size8,656 SF
Lot Size0.70 Acres
Price / SF$421.67
Days on Market105

Property Features for 3550 S Atlantic Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 24
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 1, Bathroom 6, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 19, Bedroom 22, Bathroom 11, Bathroom 4, Bedroom 7, Bedroom 16, Bedroom 5, Bedroom 11, Bedroom 10, Bathroom 1, Bedroom 6, Bedroom 17, Bathroom 12, Bathroom 2, Bathroom 9, Bedroom 2, Bedroom 9, Bathroom 8, Bedroom 21, Bathroom 10, Bedroom 18, Bedroom 4, Bedroom 20, Bedroom 8, Bedroom 24, Bathroom 7, Bedroom 12, Bedroom 15, Bedroom 23, Bedroom 14, Bedroom 13
Parking 15
Parking features Assigned, On Street, Guest
Appliances Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
Subdivision Orlando Beach
View River
Elementary school Roosevelt
Middle school Cocoa Beach
High school Cocoa Beach
Directions A1A SOUTH COCOA BEACH! DO NOT ENTER PROPERTY WITHOUT LIST AGENT!
Standard status Active
APN 25-37-35-25-00003.0-0004.00
Size 8,656 SF
Lot size 0.70 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Year 2020
Tax Description ORLANDO BEACH LOTS 4,5 BLK 3
Tax Annual Amount 15842
Legal Description ORLANDO BEACH LOTS 4,5 BLK 3

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public
Water front features River Front, River Access, Navigable Water, Seawall
Water front 1

Amenities

dock

Building Details

Year built 1956
Floors in Building 1
Number of units 12
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Metal, Shingle
Buildings 6
Listing Agency: RE/MAX Alternative Realty · RE/MAX International
Listed By: Jack Taylor · License #3073233
Added: Jul 28 Changed: Nov 8 Last Checked: Nov 9 at 4:06AM
MLS# 1083552

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.

Rey
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Investment Insights

Based on property information with market context.

Six duplex buildings contain 12 apartments, all with a two-bedroom, one-bathroom layout. The property totals 8,656 square feet on 0.7 acres. Reported improvements include updated kitchens and bathrooms, PVC drain lines, a Trex dock, and electrical, air-conditioning, and appliance updates completed within the past six years. Roofs are approximately 7 to 9 years old; the main entrance road has new asphalt. Construction dates to 1956, with block and stucco materials and tile flooring.

The riverfront site has river access, navigable water, and a seawall. The beach is a three-minute walk away. The property has six long-term tenants and six vacation-rental units, and two boat slips are permitted.

Key Highlights

  • 12 apartments across six duplexes, each with a 2‑bedroom, 1‑bathroom layout
  • 8,656‑square‑foot property on 0.7 acres
  • Riverfront setting with river access, navigable water, and a seawall

Property Analytics

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Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

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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Market

Average Price Trend$/SF for Multifamily properties in Brevard County, FL

$328 Jul
$286 Aug
$281 Sep
$275 Oct

Properties on Market for Multifamily properties in Brevard County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The 12 apartments comprise six duplexes, each configured with two bedrooms and one bathroom.
Where is this multifamily property located?
The property is located at 3550 S Atlantic Avenue Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 12 apartments across six duplexes, each with a 2‑bedroom, 1‑bathroom layout; 8,656‑square‑foot property on 0.7 acres; Riverfront setting with river access, navigable water, and a seawall
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