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    136 Marion Ln Cocoa Beach, FL 32931

    Sponsored
    For Sale
    $899,900

    Prime Beachfront Location, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 136 Marion Lane in Cocoa Beach, Florida, presents a rare investment opportunity. The 10,018.8 square foot lot, situated in the highly desirable Gateway Subdistrict of the Cocoa Beach Redevelopment District, offers significant potential for various uses. Built in 1957, this single-unit property boasts a prime location just east of Ron Jon Surf Shop off A1A, and a short walk from the Atlantic Ocean. Its proximity to the beach, tourist attractions, restaurants, the pier, and the cruise port ensures high visibility and accessibility. The Gateway Subdistrict's zoning allows for a range of residential, civic, educational, and business ventures, making this property incredibly versatile. Surrounded by multi-family dwellings and commercial properties within the Cocoa Ocean Beach Subdivision, this location offers established infrastructure and a thriving community. The asking price is $899,900. This is a unique chance to acquire a strategically positioned asset in a rapidly growing coastal area with high demand and significant upside potential. Don't miss this opportunity to capitalize on the vibrant Cocoa Beach market. The property's 0.23-acre lot size provides ample space for development or expansion. This is a truly remarkable opportunity to own a piece of Cocoa Beach's thriving commercial landscape.

    Property Features for 136 Marion Ln

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1957
    Units
    1

    HighLights

    • $899,900 asking price.
    • Mixed‑use property.
    • Single unit.
    • 1957 construction.
    • 10,018.8 sq ft lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing 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
    -80.6066782
    Latitude
    28.3560542

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Beachfront Location, Multi-Use Potential
    Where is this mixed-use property located?
    The property is located at 136 Marion Ln Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: $899,900 asking price.; Mixed-use property.; Single unit.
    Request Owner's contact information
    136 Marion Ln 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
    136 Marion Ln Cocoa Beach, FL 32931
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