686 S ATLANTIC AVE #1-8, Cocoa Beach, FL 32931 - MLS#O6325042

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Kseniya Edwards

rent@vhrfl.com +1(386) 237-7688

$1,899,900

Est. payment - /mo

16 Beds

8 Baths

5,976 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,976 sqft

Price per Sqft $317

Subdivision Cocoa Beach

MLS Listing ID O6325042

Bedrooms 16

Construction Status Completed

HOA Y/N No

Year Built 1962

Annual Tax Amount $14,260

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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

Location

State FL

County Brevard

Community Cocoa Beach

Area 32931 - Cocoa Beach

Zoning RESI

Interior

Interior Features Ceiling Fans(s), Thermostat

Heating Electric

Cooling Central Air

Fireplace false

Appliance Cooktop, Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Balcony, Courtyard

Parking Features Open

Pool In Ground, Pool Sweep, Salt Water

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected

Roof Type Other

Porch Porch

Garage false

Private Pool Yes

Building

Lot Description Corner Lot, City Limits, Paved

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6325042

Porch Type Porch

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Listed by C. APOLLO REALTY INC

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Kseniya Edwards

+1(386) 237-7688

Agent | BKSL3312959

Agent BKSL3312959

686 S ATLANTIC AVE #1-8 Cocoa Beach, FL 32931

Kseniya Edwards

Key Details

Location

Interior

Exterior

Building

Others

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