$4,300,000 - 637 South Orlando Avenue, COCOA BEACH
- -
- Bedrooms
- -
- Baths
- 8,177
- SQ. Feet
- 0.49
- Acres
The Drift is a fully renovated boutique hotel located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Juni” a 7 unit boutique motel a block away, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.
Essential Information
-
- MLS® #:
- O6328381
-
- Price:
- $4,300,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 8,177
-
- Acres:
- 0.49
-
- Year Built:
- 1956
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 637 South Orlando Avenue
-
- Area:
- Cocoa Beach
-
- Subdivision:
- PARSONS ADD
-
- City:
- COCOA BEACH
-
- County:
- Brevard
-
- State:
- FL
-
- Zip Code:
- 32931
Interior
-
- Heating:
- Central, Other
-
- Cooling:
- Central Air, Other
Exterior
-
- Roof:
- Shingle
-
- Foundation:
- Slab
Additional Information
-
- Days on Market:
- 39
-
- Zoning:
- RM1
Listing Details
- Listing Office:
- Margaux Realty Inc