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Property profile & analytics
FOR LEASE
Turn key restaurants
142 N Atlantic Ave Cocoa Beach, FL 32931
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0516354
For Lease
1 / 14
$9,000/Mo
142 N Atlantic Ave, Cocoa Beach, FL 32931
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Construction
WOOD
Total area
2,716 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CN
APN
25-37-11-DC-00101.0-0006.00
UPID
US18-0516354
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ATM Atm
-
Pineapple Point Restaurant
-
Chili Pepper Club Inc Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pineapple Point Of Cocoa Bch INC · 12 yrs held
Pineapple Point Of Cocoa Bch INC
since 2014
7 recorded transactions
Zoning & alternative use
CN · Cocoa Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To meet the wide spectrum of retail and service needs of the total community, this district allows certain office, business, retail and professional services, while specifically prohibiting any transient lodging facility and time share related uses.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
15.04 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cocoa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,297
Tax year 2023
Assessed value
$244,650
Assessed 2023
Previous assessed
$219,910
+11.3% YoY
Effective rate
2.17%
On assessed value
Assessed land
$151,200
Assessed improvement
$93,450
Land market value
$151,200
Improvement market value
$93,450
Total market value
$244,650
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1997
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Total area
2,716 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CN
APN
25-37-11-DC-00101.0-0006.00
UPID
US18-0516354
Jurisdiction
BREVARD
Zoning & alternative use
CN · Cocoa Beach, FLZoning CN · permitted uses
CN · Cocoa Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To meet the wide spectrum of retail and service needs of the total community, this district allows certain office, business, retail and professional services, while specifically prohibiting any transient lodging facility and time share related uses.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
15.04 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Pineapple Point Of Cocoa Bch INC
Entity
Mailing address
PO BOX 1274, COCOA, FL 32923-1274
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2014
$77,900
Pineapple Point Of Cocoa Bch INC
Yellow Hse Bch Bar & Grill INC
Quit Claim Deed
related
—
Mar 14, 2011
—
Yellow Hse Bch Bar & Grill INC
Chili Pepper Club INC
Quit Claim Deed
related
—
Dec 8, 2006
—
Chili Pepper Club INC
Munson Lauren B Trust
Grant Deed
related
—
Oct 6, 2006
$250,000
Chilli Pepper Club INC
Munsos Lauren B Trust
Quit Claim Deed
related
—
Mar 30, 2001
$232,300
Munson Trust
Blc Real Estate Corp
Grant Deed
—
Feb 19, 2001
—
Business Loan Center INC
Tamarindo INC
Trustees Deed
related
—
—
—
Munson Lauren B Trust
—
Deed Of Trust
related
$258,000 · Coastal Bank
—
—
Chili Pepper Bar INC
—
Deed Of Trust
related
$248,020 · Banana River Fin INC
—
—
Tamarindo INC
—
Deed Of Trust
related
$3,139 · Energy Entertainment Corp
—
—
Munson Trust
—
Deed Of Trust
related
$24,000 · Magma Trading Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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