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    1980 Atlantic Ave Cocoa Beach, FL 32931

    Sponsored
    For Sale
    $85,000

    Prime Cocoa Beach Office Condo, $85k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial opportunity presents a 2-unit office condo situated within the 10-story Cape Royal Office Condo Building at 1980 N Atlantic Avenue, Cocoa Beach, FL 32931. Built in 1964, this property boasts a substantial 219,542.4 square foot lot. The unit itself offers a desirable west-facing view from its 6th-floor location. Recent building improvements include the installation of impact windows and fresh exterior paint, enhancing both aesthetics and security. The building features three elevators for convenient access, and floors 2 through 10 each include two bathrooms. Ample parking is available, with a large lot located both in front and behind the building. Security is a priority, with an automated front door entry system and a secure lockout system implemented for after-hours protection. A significant advantage is the inclusion of electricity in the monthly unit fees. This turnkey office condo presents a compelling investment opportunity in a thriving Florida coastal location. The property is zoned commercial and offers immediate occupancy. This is a rare opportunity to acquire a well-maintained and secure office space in a desirable location.

    Property Features for 1980 Atlantic Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1964
    Stories
    10
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    A1a Beachside Title ... Title Company Wuesthoff Health System Medical Center Endodontic Associates of Brevard Endodontist Ramon E. Hernandez, ... Endodontist Veonics Software Company

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6088842
    Latitude
    28.3415072

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    FAQs

    What type of property is this?
    Land - Prime Cocoa Beach Office Condo, $85k
    Where is this land located?
    The property is located at 1980 Atlantic Ave Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $85,000.
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    1980 Atlantic Ave Cocoa Beach, FL 32931
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    Cocoa Beach, FL 32931
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1980 Atlantic Ave Cocoa Beach, FL 32931
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