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    51 Orlando Ave Cocoa Beach, FL 32931-2910
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    Property profile & analytics

    51 Orlando Ave, Cocoa Beach, FL 32931-2910

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    • Industrial properties
    • 8,823 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Jun 12, 2023
    $1,500,000
    Property ID
    US18-8376686
    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
    $1,510,000
    Show details
    Cap Rate Potential
    7.9%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 51 Orlando Ave

    Year built
    2017
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    25-37-11-DB-00100.0-0027.00
    APU
    253711DB001000002700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 12, 2023 — Baldino Studios INC Cocoa Abode LLC Quit Claim Deed · related —
    Jun 12, 2023 $1,500,000 Anna Marie Jayne Baldino Studios INC Warranty Deed —

    Description

    This exceptional single-tenant retail property, located at 51 N Orlando Avenue in the heart of Cocoa Beach, Florida (32931), offers 1,820 square feet of versatile commercial space. The property sits on a 0.1-acre lot (APN: 25-37-11-Db-00100.0-0027.00) and boasts a well-designed layout including a reception area, a spacious studio/showroom area perfect for showcasing products or services, a convenient kitchenette, two private offices ideal for administrative tasks, ample storage space, and a half-bathroom. Its prime downtown location ensures high foot traffic and excellent visibility, benefiting from the bustling activity of nearby restaurants and shops. The property's proximity to a parking garage further enhances its accessibility and convenience for customers and employees. This turnkey space presents a fantastic opportunity for a variety of retail businesses seeking a thriving location in a vibrant coastal community. The property is ready for immediate occupancy. Don't miss this chance to establish your business in a high-demand area. Contact us today to schedule a showing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,305,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,705,000
      6.5%
      $1,575,000
      7%
      $1,460,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,086,000
      Market price range: $683k - $3.76M
      AI Estimate
      $1,458,000
      Market price range: $599k - $2.36M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,090,000
      Current use
      OFFICE BUILDING
      $2,090,000
      Change: +0% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,840,000
      Change: -12% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6097
    Latitude
    28.3194
    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
    $9,412
    $0.00
    $0.00
    $608,870
    -
    $66,630
    $566,460
    $633,090
    More about this property
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