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    OFF-MARKET
    Commercial real estate

    81 Atlantic Ave, Cocoa Beach, FL 32931

    2,860 SF Built 1947
    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 Commercial real estate
    Year built 1947
    Total area 2,860 SF
    APN 25-37-11-Dd0000a.0-0002.00
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • El Kabani S MD Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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