Price Reduction - Water Front
Address
1473 S Atlantic Avenue Cocoa Beach, FL
Price
$ 1,650,000
Property Attributes
  • MLS#802044
  • TypeMulti-Family
  • CountyBREVARD
  • CityCocoa Beach
  • AreaCocoa Beach
  • Zip32931
  • StyleTwo Story
  • Year Built1961
  • Taxes20701
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Fischer Realty
Property Description

Coco Sands Cottages is an ocean front complex in South Cocoa Beach that consists of three buildings, currently operating as a combined long-term multifamily income property, and a short-term vacation rental. However, current zoning would allow a change in use to 100% vacation rental, which would dramatically increase the income. Offering includes a completely remodeled and impeccably maintained 3/3 oceanfront vacation rental, plus 6 long-term rentals. Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, and a 1/1 with a kitchenette. Some recent updates include granite countertops, new appliances, gas stove, and oversized high impact glass windows overlooking the Ocean. Over 1000 square foot patio and deck.See pro forma with financial details in attachments.

Elementary School Middle School High School
Roosevelt Elementary School Cocoa Beach Middle School Cocoa Beach High School
Price History
1/9/2018 Listed $1,750,000
4/16/2018 6% - $1,650,000

General Features

Area 272 - Cocoa Beach
Construction Combination, Concrete Block
Fixer Upper No
HOA None
Listing Status Active
Number of Units 8
Possible Financing Cash, Contract for Deed, Conventional, Creative, Pvt Financing Avlbl
Property Status Standard
Style Two Story
Utilities Cable Available, City Water, Electric, Natural Gas, Sep Elect Meter(s), Sep Gas Meter(s), Sep Water Meter(s)
Year Built 1961
Zoning RM2

Interior Features

Bonus No
Cooling Central, Wall - Window
Equipment/appliances Dishwasher, Dryer, Laundry-Hookup, Microwave, Microwave-Built-in, Range - Electric, Range w/Oven, Refrigerator-Second, Washer
Flooring Carpet, Laminate, Tile
Heat Central, Electric
Split Bedroom Yes
SqFt - Living 4320.00

Exterior Features

Acreage 0.29
Buildings 3 Buildings
Car Port 2.00
Community Pool No
Exterior Finish Stucco
Lot Description City, Major Roadway
Lot Dimensions 50x250
Lot Sqft 12632.00
Open Parking Spaces 10.00
Parking > 1 Space Per Unit, 2 Car Carport
Parking Spaces 12.00
Pool No
Private Pool No
Roof Concrete, Membrane, Shingle - Wood
Waterfront Yes
Waterfront Type Ocean

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32931

Price
AVG $1.93M
$1.65M
Taxes
AVG $10,952
$20,701
Visits
AVG 48
38
Year Built
AVG 1974
1961
Walkscore
AVG 27
13

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