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Property profile & analytics
OFF-MARKET
Turn key restaurants
500 Cocoa Bch Cswy Cocoa Beach, FL 32931-3536
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US18-0699362
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,220 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CN
APN
24-37-34-CI-00046.0-0012.05
UPID
US18-0699362
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
-
Always On Time Cab Courier Service
-
Sunset Cafe' Waterfront Bar & Grill Restaurant
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
Rhoda Solano · 27 yrs held
Rhoda Solano
since 1999
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
$20,303
Tax year 2023
Assessed value
$1,163,220
Assessed 2023
Previous assessed
$1,173,660
-0.9% YoY
Effective rate
1.75%
On assessed value
Assessed land
$553,320
Assessed improvement
$609,900
Land market value
$553,320
Improvement market value
$609,900
Total market value
$1,163,220
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
Off-Market
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Total area
8,220 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CN
APN
24-37-34-CI-00046.0-0012.05
UPID
US18-0699362
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Rhoda Solano
Individual
Mailing address
500 W COCOA BCH CSWY, COCOA BEACH, FL 32931-3536
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Rhoda S Brennan
—
Deed
related
$86,062 · Sunrise Bk
Oct 17, 2019
—
Rhoda S Brennan
—
Deed
related
$350,000 · Port Village LLC
Apr 11, 2018
—
Rhoda Solano-brennan
—
Deed
related
$721,214 · Sunrise Bk/ca
Nov 27, 2017
—
Shrimp Happens INC
—
Deed
related
—
Jun 10, 1999
$1,200,000
Rhoda Solano
J J K Co Lc
Grant Deed
$900,000 · Seller
—
—
Rhoda Solano-brennan
—
Deed Of Trust
related
$500,000 · Sunrise Bank
—
—
Rhoda S Brennan
—
Deed Of Trust
related
$350,000 · Port Village LLC
—
—
Shrimp Happens INC
—
Loan Modification
related
—
—
—
Rhoda Solano
—
Deed Of Trust
related
$800,000 · Waccamaw Bank
—
—
Rhoda Solano-brennan
—
Loan Modification
related
$721,214 · Sunrise Bk/ca
—
—
Rhoda S Brennan
—
Loan Modification
related
$86,062 · Sunrise Bk
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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