12-Unit Riverfront Duplex
For Sale
$3,950,000
3550 S Atlantic Ave Unit 1-12, Cocoa Beach, FL 32931
Income-producing mix combines six long-term tenants with six vacation rentals and access to the Banana River.
Property Size8,656 SF
Lot Size0.70 Acres
Price / SF$456.33
Days on Market47
Property Features for 3550 S Atlantic Ave Unit 1-12
General Information
Standard status
Active
Size
8,656 SF
Lot size
0.70 Acres
Property subtype
Multi-Family
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Additional Details
Road Access
Yes
Amenities
dock
boat slips
Building Details
Year Built
1956
Buildings
6
Listing Agency:
RE/MAX Alternative Realty
(321) 258-8602
Listed By:
Jack Taylor · License #3073233
Source:
Spacecoasthomefinders
Added: Jul 14
Changed: Aug 28
Last Checked: Aug 28 at 8:03PM
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 RE/MAX Alternative Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises six duplexes with 12 total units, each configured with two bedrooms and one bathroom. The community sits on a .7-acre Banana River waterfront site and was built in 1956. Improvements include updated kitchens and bathrooms, PVC drains, appliances, electrical systems, and A/C equipment. The roofs are approximately 7 to 9 years old, while the property also features a newer Trex dock and an asphalt-paved entrance and internal street.
The property is located at 3550 S Atlantic Ave in Cocoa Beach, with the beach approximately a 3-minute walk away. Current occupancy includes six long-term tenants and six vacation rentals. Two boat slips are allowed, adding a water-access component to the existing multifamily configuration.
The property is located at 3550 S Atlantic Ave in Cocoa Beach, with the beach approximately a 3-minute walk away. Current occupancy includes six long-term tenants and six vacation rentals. Two boat slips are allowed, adding a water-access component to the existing multifamily configuration.
Key Highlights
- Six duplexes with 12 units, all configured as 2/1
- Banana River waterfront property on a .7‑acre lot
- Six long‑term tenants and six vacation rentals
Property Analytics
Current Use
Lease Details
12
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
48
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing mix combines six long-term tenants with six vacation rentals and access to the Banana River.
Where is this duplex located?
The property is located at 3550 S Atlantic Ave Unit 1-12 Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Six duplexes with 12 units, all configured as 2/1; Banana River waterfront property on a .7‑acre lot; Six long‑term tenants and six vacation rentals
