Newly Renovated Weekly Rental
B-125 N Brevard Ave Cocoa Beach, FL 32931
B-125 N Brevard Ave, Cocoa Beach, FL, 32931
$729,000
For Sale
$729,000
Newly renovated townhome arranged with two upstairs bedrooms, a deck and sitting area, and weekly rental occupancy.
Property Size3,004 SF
Price / SF$242.68
Days on Market148
Property Features for B-125 N Brevard Ave
General Information
- Standard status
- Active
- Size
- 3,004 SF
Listing agency
Walker Bagwell Properties Ltd
(321) 868-3151
Listed by
James W Bagwell · License #3017926
(321) 868-3151
Source
Exprealty
Added: Feb 24 Updated: Jul 22 at 8:01AM Checked: Jul 22 at 8:01AM
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 Walker Bagwell Properties Ltd
Investment Insights
Based on property information with market context.
This newly renovated townhome is operated as a weekly rental and features two bedrooms upstairs with a full bath on the upper level and a half bath downstairs. The home includes outdoor space at the rear with a deck and a sitting area, along with a picnic area.
Located downtown Cocoa Beach, the property is described as within walking distance to the beach, restaurants, bars, and special events. The unit is rented by the week.
Located downtown Cocoa Beach, the property is described as within walking distance to the beach, restaurants, bars, and special events. The unit is rented by the week.
Key Highlights
- Weekly rental townhome in Downtown Cocoa Beach
- Newly renovated interior with 2 upstairs bedrooms
- 1 full bath upstairs plus a 1/2 bath downstairs
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $19.80 |
| − Vacancy | −$3.6k | −$1.19 |
| EGI | $55.9k | $18.61 |
| − OpEx | −$25.2k | −$8.38 |
| NOI | $30.8k | $10.24 |
3,004 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$439.3K
$384.4K – $512.5K
NOI $30,751 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$792.5K
$693.5K – $924.6K
NOI $55,478 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Newly renovated townhome arranged with two upstairs bedrooms, a deck and sitting area, and weekly rental occupancy.
Where is this short term rental property located?
The property is located at B-125 N Brevard Ave Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Weekly rental townhome in Downtown Cocoa Beach; Newly renovated interior with 2 upstairs bedrooms; 1 full bath upstairs plus a 1/2 bath downstairs
