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81 Atlantic Ave Cocoa Beach, FL 32931

OFF-MARKET Mixed-use properties Google Maps
2,860 SF Built 1947
Estimated value
No estimation on file for this property yet.
Property ID US18-6159971

Property summary

AI-generated overview

This exceptional mixed-use property, located at 81 N Atlantic Avenue in Cocoa Beach, Florida (zip code 32931), presents a unique investment opportunity. The property boasts a total of 2,860 square feet and is situated directly on the Atlantic Ocean in the heart of Downtown Cocoa Beach. The property includes two distinct units: a 2-bedroom, 2-bathroom residential home offering stunning ocean views, and a separate commercial building located on Atlantic Avenue. Built in 1947, this property is zoned for Commercial/Residential/Office use, providing flexibility for a variety of business and residential applications. The asking price is $2,200,000, translating to a price per square foot of $769.23. The property's APN is 25-37-11-Dd0000a.0-0002.00. While the lot size is not specified, the property's prime oceanfront location in a thriving downtown area offers significant potential for future development and high rental income. The residential portion of the property is separately listed under MLS # 1001567. This is a rare opportunity to acquire a mixed-use property with significant upside potential in a highly desirable coastal location.

Property profile

Verified
Property type Mixed-use properties
Year built 1947
Total area 2,860 SF
UPID US18-6159971

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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