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    3440 Atlantic Ave Cocoa Beach, FL 32931

    Sponsored
    For Sale
    $1,375,000

    Rare 1/2-acre commercial/residential lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 46,174 square foot vacant land parcel presents a unique investment opportunity in desirable South Cocoa Beach, Florida. Boasting 75 feet of direct riverfront access, this property offers unparalleled versatility. Zoned for both residential and commercial use, the site allows for the development of up to seven residential units under RU-15 zoning, or a commercial venture, or a combination of both. The east side of the property faces A1A, providing excellent visibility and accessibility. Situated conveniently near Patrick Space Force Station, this location combines tranquility with proximity to shopping, dining, and major airports. Enjoy breathtaking sunrise views over the wide, quiet beaches and stunning sunset vistas across the river. The riverfront location provides access to water sports, wildlife viewing, and the Intracoastal Waterway, leading to the ocean. This prime location allows for the creation of a luxurious gated estate, a multi-unit residential complex, or a mixed-use development capitalizing on both residential and commercial potential. The property's location between the ocean and river offers unparalleled views and access to diverse recreational activities. Seller financing may be considered with a significant down payment. The address is 3440 S Atlantic Avenue, Cocoa Beach, FL 32931.

    Property Features for 3440 Atlantic Ave

    General Information

    Property type
    Land

    HighLights

    • 46,174 SF vacant land parcel in South Cocoa Beach, FL.
    • 75' of direct riverfront access.
    • RU‑15 zoning allows up to seven residential units or commercial development.
    • A1A frontage provides high visibility.
    • Near Patrick Space Force Base, shopping, dining, and airports.
    • Seller financing may be considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Images 4 Ever ... Photographer

    Suggested Use

    Realty agency Law Firm Restaurant Hair Salon Building Supply Gym & Fitness Wholesale Shop Auto Repair Shop HVAC Service Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6076919
    Latitude
    28.2739283

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Rare 1/2-acre commercial/residential lot
    Where is this land located?
    The property is located at 3440 Atlantic Ave Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: 46,174 SF vacant land parcel in South Cocoa Beach, FL.; 75' of direct riverfront access.; RU-15 zoning allows up to seven residential units or commercial development.
    Request Owner's contact information
    3440 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
    3440 Atlantic Ave Cocoa Beach, FL 32931
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