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    689 Orlando Ave Cocoa Beach, FL 32931

    For Sale
    $549,900

    Prime oceanfront lot, build your dream.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 6,534 square foot lot presents a rare opportunity to build your dream home or commercial venture in the highly desirable Cocoa Beach, Florida. Located at 689 S Orlando Avenue, this property boasts a prime location just 172 meters from the Atlantic Ocean's edge, offering breathtaking ocean views and easy beach access. Situated in the heart of Cocoa Beach, between the Atlantic Ocean and the Banana River, this lot provides unparalleled convenience. Enjoy a short bike ride to local grocery stores, diverse restaurants, recreational parks, schools, and a local theatre. The property is zoned for both commercial and residential use, providing flexibility for a variety of development options. This is one of the few remaining lots available in this coveted area, and it's priced below comparable properties. Don't miss this chance to own a piece of paradise and create your ideal coastal lifestyle or commercial enterprise in the vibrant city of Cocoa Beach. The property is located in Brevard County, Florida, with a zip code of 32931. Coordinates are 28.30606 latitude and -80.609492 longitude. The asking price for this unique opportunity is $549,900.

    Property Features for 689 Orlando Ave

    General Information

    Property type
    Land

    HighLights

    • $549,900 asking price.
    • 6,534 square foot lot.
    • Located at 689 S Orlando Avenue, Cocoa Beach, FL 32931.
    • Commercial and residential zoning.
    • Prime Cocoa Beach location, near the ocean, amenities, and schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.609492
    Latitude
    28.30606

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    FAQs

    What type of property is this?
    Land - Prime oceanfront lot, build your dream.
    Where is this land located?
    The property is located at 689 Orlando Ave Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: $549,900 asking price.; 6,534 square foot lot.; Located at 689 S Orlando Avenue, Cocoa Beach, FL 32931.
    Request Owner's contact information
    689 Orlando 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
    689 Orlando Ave Cocoa Beach, FL 32931
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