Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    266 Atlantic Ave Cocoa Beach, FL 32931-2963
    Back to Search
    Property profile & analytics

    266 Atlantic Ave, Cocoa Beach, FL 32931-2963

    View on Map
    • Retail space
    • 1,827 SF
    • 0.21 lot acres
    Off-Market
    Last Sale May 25, 2023
    $775,000
    Property ID
    US18-2990079
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cocoa Beach Weddings by Dave and Sherri / Wedding Service / Event Planning
    • Surfside Wedding Chapel / Wedding Service / Event Planning
    • Cocoa Beach Wedding Florist / Wedding Service

    Property Details for 266 Atlantic Ave

    Year built
    1948
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.21 lot acres
    Zone code
    CN
    Property type
    Retail space
    APN
    25-37-11-LL-00102.0-0009.00
    APU
    253711LL001020000900

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 25, 2023 $775,000 Supra Color Enterprises INC Surfside Chapel LLC Warranty Deed —
    Dec 4, 2017 $100,000 Surfside Chapel LLC Destination Weddings Of Florid Warranty Deed —
    Oct 18, 2017 $250,000 Destination Weddings Of Florid Beasley Ballard F Trust Warranty Deed $400k · Fidelity Bk/fl

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6092
    Latitude
    28.3235
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,178
    $163,800
    $79,850
    $243,650
    -
    $163,800
    $79,850
    $243,650

    Comparable in this City

    • Value Estimation
      $650,000
      2,465 SF

      174 Orlando Ave

      RETAIL STORES (PERSONAL SERVICES)
      174 Orlando Ave, Cocoa Beach, FL 32931-2915
      View Details
    • Value Estimation by Request
      2,928 SF

      102 Mckinley Ave

      RETAIL STORES (PERSONAL SERVICES)
      102 Mckinley Ave, Cocoa Beach, FL 32931-4034
      View Details
    • Value Estimation by Request
      1,109 SF

      141 Orlando Ave

      RETAIL STORES (PERSONAL SERVICES)
      141 Orlando Ave, Cocoa Beach, FL 32931-2914
      View Details
    • Value Estimation by Request
      2,520 SF

      109 Orlando Ave

      RETAIL STORES (PERSONAL SERVICES)
      109 Orlando Ave, Cocoa Beach, FL 32931-2914
      View Details
    • Value Estimation by Request
      2,428 SF

      63 Orlando Ave, Unit 5

      RETAIL STORES (PERSONAL SERVICES)
      63 Orlando Ave, Cocoa Beach, FL 32931-2910
      View Details
    • Value Estimation
      $1,620,000
      6,359 SF

      5490 Atlantic Ave

      RETAIL STORES (PERSONAL SERVICES)
      5490 Atlantic Ave, Cocoa Beach, FL 32931-3767
      View Details

    Similar Nearby for Sale

    • $489,000
      1,460 SF

      Cocoa Beach Commercial Opportunity

      Premier commercial property in high-traffic Cocoa Beach location, steps from beach.
      71 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • New
      $41,500
      589 SF

      Turnkey Salon Space

      For sale beauty salon setup with space for six stylists, reception, and included equipment plus utilities and parking.
      1980 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Cocoa Beach Retail Opportunity

      Charming 1,109 SF retail building in Cocoa Beach, FL.
      141 N Orlando Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      2,076 SF

      Cocoa Beach Restaurant For Sale

      Remodeled restaurant with indoor and outdoor dining in Cocoa Beach.
      142 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      6,840 SF

      Retail Property Near A1A

      Multi-tenant retail property near A1A in Cocoa Beach, Florida.
      105 Cleveland Ave, Cocoa Beach, FL 32931
      View Details
    • $1,200,000
      6,840 SF

      Cocoa Beach Retail Opportunity

      Multi-tenant retail property in Cocoa Beach with value-add potential.
      105 Cleveland Ave, Cocoa Beach, FL 32931
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,050 SF

      Retail Space on Highway A1A

      Retail space in a high-traffic tourist area near Publix.
      2003 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      1,983 SF

      Retail Space in Cocoa Beach

      Retail center with ample parking and high visibility.
      225-299 W Cocoa Beach Cswy, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing
      650 SF

      Renovated Retail Space Near Port

      Renovated retail space with high visibility near Port Canaveral.
      6200 N Atlantic Ave, Cape Canaveral, FL 32931
      View Details
    • Contact for pricing
      1,028 SF

      Retail Space Near Cocoa Beach

      Retail spaces available near Cocoa Beach and SR 520.
      2005-2043 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • Contact for pricing

      Retail Space in Cocoa Beach

      Single tenant retail space available for rent in Cocoa Beach.
      1727 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    • $12 SF/Yr
      297 SF

      Retail Space in Cocoa Beach

      Retail space available for lease in Brevard County.
      1980 N Atlantic Ave, Cocoa Beach, FL 32931
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    266 Atlantic Ave
    Cocoa Beach, FL 32931-2963
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    266 Atlantic Ave, Cocoa Beach, FL, 32931
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!