331-335 S Brevard Avenue Cocoa Beach, FL $ 1,799,000
331-335 S Brevard Avenue
$ 1,799,000
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331-335 S Brevard Avenue

Cocoa Beach, FL, 32931
$ 1,799,000
Baths6.0 Sq 5,265

Monthly Estimate*

$ 11,957

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Studio

Commercial Property for sale in Cocoa Beach, FL

for $1,799,000 with 6 full baths. This 5,265 square foot building was built in 1958 on a lot size of 0.52.

Capture Coastal Prosperity: Own Three Profitable Duplexes in Desirable Cocoa Beach!Dive into coastal luxury with this exceptional chance to own three income-generating duplexes, perfectly positioned just a short walk from the beautiful beaches of Cocoa Beach. This isn't just an investment; it's your gateway to a life of unparalleled prosperity in one of Brevard County's most sought-after areas. Envision: pristine sands and clear waters only two blocks away, ensuring a continuous influx of tenants keen on the ultimate beach lifestyle. Additionally, these properties are grandfathered in to exceed maximum density limits, making them a rare and valuable find in this coveted location. With 5 of the units currently occupied by trustworthy, long-term tenants, your dreams of immediate cash flow are not just possible but assured. Long cherished as vacation rentals, which can be easily converted back meet the strong demand for both long-term and vacation stays. Secure Your Coastal Empire Today!

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Commercial Active

Price

$ 1,799,000

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 11,846

Style

Multi Family

Lot Size

0.52

Year Built

1958

Town/City

Cocoa Beach

County/Region

Brevard

MLS | Web ID

1006509

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Sewer Connected Water Available Separate Electric Meters Separate Water Meters
Possession Close Of Escrow
Roof Membrane Shingle
Construction Materials Block
Year Built 1958
Tenant Pays All Utilities
Property SubType Multi Family
Tax Year 2023
Current Use Multi-Family
Gross Income 139200.0
County Brevard
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Cocoa Beach
Status Active
Directions 4th Street to S Brevard
City Cocoa Beach
View Y/N N
Senior Community Y/N N
Zoning Description Multi Family
NumberOfUnitsTotal 6
MLS Area 272 - Cocoa Beach
Lot Size Units Acres
Lot Size Square Feet 22651.2
Waterfront Y/N N
Street Name Brevard
Land Lease Y/N N
Tax Annual Amount 11846.9
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 272 - Cocoa Beach
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1006509
Lease Type NNN
Standard Status Active
Legal Description COCOA BEACH LOTS 16 17 18 BLK 36
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Interior
Flooring Terrazzo
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features Assigned Parking Lot
Lot Features Few Trees
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 0.52
Spa N
Lot Size Acres 0.52
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 331335
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* Excluded Features
List By
Legacy Real Estate Group

Broker

stephanie@lregbrevard.com

Email

Affordability Calculator

$12,944
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,957
Monthly Property Taxes
$987
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2024$1,799,000 -5.27% Price Down
3/1/2024$1,899,000 Listed Price

Map


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331-335 S Brevard Avenue, Cocoa Beach, FL, 32931 is a Commercial Property for sale at $1,799,000 with 5,265 sqft and a lot size of 0.52. 331-335 S Brevard Avenue is a studio with 6.0 baths and was built in 1958. The property's zip code is 32931 which is in Cocoa Beach, FL