Property profile

2464 Atlantic Ave Cocoa Beach, FL 32931

OFF-MARKET
Turn key restaurants
Property ID
US18-0665965
2,356 SF 0.13 ac lot Built 1958
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a highly successful retail property located at 2464 S Atlantic Avenue in the desirable South Cocoa Beach area of Brevard County, Florida. The property, built in 1958, sits on a 5,662.8 square foot lot and features a single retail unit currently occupied by a long-term, well-established tenant under a triple net lease. This ensures a consistent income stream for the investor. The tenant operates a renowned restaurant known for its casual elegance, fresh Florida cuisine, extensive wine list, and exceptional service, making it a local favorite and a respected establishment within the restaurant community. The property's prime beachside location contributes significantly to its success. This is a real estate sale only; the business itself is not included in the sale. The asking price for this exceptional investment property is $932,500. Serious inquiries only, please. Further details are available upon request for qualified buyers.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,356 SF
Lot 0.13 ac (5,663 SF)
Zoning code BU-1-A
APN 25-37-26-50-0000B.0-0027.00
UPID US18-0665965

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2464 Atlantic Ave Cocoa Beach, FL 32931-2276
Cocoa Beach metro Census 68101 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2025
Last sale
$735,000
3 recorded transactions
2025
$750,000
2022
$735,000
1999
$75,000

Zoning & alternative use

BU-1-A · Cocoa Beach, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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