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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    157 Orlando Ave, Cocoa Beach, FL 32931

    Built 1992
    Individually Owned 5-yr Hold
    Property ID
    US18-2120739
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 157 N Orlando Avenue in Cocoa Beach, Florida (zip code 32931), presents a lucrative investment opportunity. The 8,276.4 square foot lot houses a two-story, 1992-built building, effectively renovated in 2018, offering a total of 4 units. The building features two ground-floor retail spaces ideal for a variety of businesses, capitalizing on the high foot traffic of Downtown Cocoa Beach. Upstairs, two fully furnished, luxury vacation rentals, each boasting two bedrooms and two bathrooms, provide substantial rental income. These units feature open floor plans, spacious balconies, and include kitchens, dining areas, living rooms, and laundry facilities. One unit offers a partial ocean view. The property's proximity to the beach (one block away) and an adjacent city parking lot enhances its appeal and accessibility. This unique blend of commercial and residential space offers significant potential for growth and return on investment in a highly desirable Florida location. The asking price is $2,150,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1992
    UPID US18-2120739
    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
    • YogaBliss Gym & Fitness Center
    • Oasis Shaved Ice Bakery Take-out & Catering
    • Equilibrium Movement Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Rita Moran · 5 yrs held
    Rita Moran
    since 2021
    4 recorded transactions
    2021
    2021
    $1.4M
    2018
    2017
    $390,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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