81 Atlantic Ave, Cocoa Beach, FL 32931
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.
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El Kabani S MD Physician
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
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Property description
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No recorded transactions found for this property.
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