5505 Atlantic Ave Cocoa Beach, FL 32931
This exceptional commercial property, located at 5505 N Atlantic Avenue, Cocoa Beach, FL 32931, presents a unique investment opportunity. The property, built in 1962, encompasses a single office unit with 1 square foot of space and sits on a substantial 6,098.4 square foot lot (APN: 24-37-26-Ch00000.0-0004.12). Priced at $339,000, this translates to a price per square foot of $339,000. Its prime location offers unparalleled convenience, with quick access to major roadways such as Port Canaveral, SR 520, and SR 528. The property's proximity to the beach provides employees and visitors with easy access to recreational activities, including lunchtime strolls along the shore and evening dining at the renowned Cocoa Beach Pier. This is an ideal opportunity for an investor seeking a foothold in the thriving Cocoa Beach commercial market, offering both income potential and significant development possibilities given the substantial lot size. The property's single-unit structure allows for straightforward management and potential for future expansion or redevelopment. This is a rare chance to acquire a piece of Cocoa Beach's vibrant commercial landscape.
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David Hendrix Physician
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Badpuppy Enterprises, Inc. Telecommunications Service Data Center
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Ideal Lending LLC Loan Service Bank
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McCoy Freeman Real Estate Group Real Estate Agency
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Defense Suppliers of Electronic Components Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.