Financial
Distress signals
Property profile

118 N Atlantic Ave Cocoa Beach, FL 32931

FOR SALE
Commercial land
Property ID
US18-2349185
3,548 SF 0.19 ac lot Built 1939
Last sale Jul 2024 · $873,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use parcel is located in Cocoa Beach’s downtown area, situated on a main arterial road. The property is a 0.19-acre lot and is configured for zoning-compliant mixed development, including street-front commercial use such as retail or a restaurant, with the ability to add residential development at the rear. The site design supports a live/work arrangement, with commercial activities at the street front and separate rear access suitable for a residential home.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$151k
Assessed land$151k
Effective rate1.64%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$420k
NOI build-up
Gross scheduled income$169k
Vacancy & credit loss−$15k
Operating expenses−$58k
NOI · 12.80% cap applied$96k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$237/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$77 – $426

Cap rate analysis

How does the asset earn?
12.80%
$96k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CN
To meet the wide spectrum of retail and service needs of the total community, this district allows certain office, business, retail and p...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy12.6
Dental Office11.6
Electrical Service11.0

Location

118 N Atlantic Ave Cocoa Beach, FL 32931
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 11 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Cocoa Beach, FL 32931 $550,000 May 2025 No data
1615 Atlantic, Cocoa Beach, FL 32931-3228 $996,800 Sep 2023 11,060 SF
Cocoa Beach, FL 32931 $250,000 Jun 2022 No data
Cocoa Beach, FL 32931 $225,000 Mar 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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