Active

$1,899,900

Features:
  • 16 Bedrooms
  • 8 Bathrooms
  • 5976 sq ft
Overview
  • ID: MFRO6325042
  • Bedrooms: 16
  • Bathrooms: 8
  • Size: 5976 sq ft
Property Details
Remarks
Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside
Financial Considerations
Price:
$1,899,900
HOA Fee:
N/A
Tax Amount:
$14260
Price per SqFt:
$317.92
Tax Legal Description:
Plat Book #: 11; Plat Book Page: 67
Exterior Features
Lot Size:
14810
Lot Features:
Corner Lot, City Limits, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Open
Roof:
Other
Pool:
Yes
Pool Features:
In Ground, Pool Sweep, Salt Water
Interior Features
Bedrooms:
16
Bathrooms:
8
Heating:
Electric
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1962
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Courtyard
Additional Features 2:
N/A
Map
  • Address
    686 S ATLANTIC AVE #1-8
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