Property profile

310 N Atlantic Ave Cocoa Beach, FL 32931

FOR SALE
Shopping centers
Property ID
US18-3520903
0.19 ac lot Built 2008
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,276 square foot lot presents a rare opportunity in the heart of Cocoa Beach, Florida. Located at 310 N Atlantic Avenue, this cleared and ready-to-build lot sits within the Towncenter Redevelopment District, offering unparalleled flexibility. Zoning permits a diverse range of development options, including single-family homes, duplexes, commercial ventures, mixed-use properties, and vacation rentals. Imagine constructing a stunning ocean-view residence or developing multiple vacation rental units, capitalizing on the high demand for short-term rentals in this prime location. The property's enviable position places you directly across the street from the beach, providing unparalleled access to the sand and surf. Furthermore, you'll be within walking distance of the vibrant downtown area, with its array of shops, restaurants, bars, and regular city events. This is a truly unique chance to create a remarkable property in one of Florida's most desirable coastal communities. The asking price for this exceptional lot is $645,000. The property's address is 310 N Atlantic Avenue, Cocoa Beach, FL 32931. Don't miss this chance to secure a piece of Cocoa Beach's thriving future.

Property profile

Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 2008
Lot 0.19 ac (8,276 SF)
Zoning code CN
APN 25-37-10-LL-00103.0-0002.00
UPID US18-3520903

Cap rate & NOI

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

Location

310 N Atlantic Ave Cocoa Beach, FL 32931
Cocoa Beach metro Census 71700 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2018
6 recorded transactions
2024
Price N/A
2020
Price N/A
2019
Price N/A
2018
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CN · Cocoa Beach, FL
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…

General category COMMERCIAL

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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