637 S ORLANDO AVE, Cocoa Beach, FL 32931 - MLS#O6327687

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Kseniya Edwards

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

$4,400,000

Est. payment - /mo

16 Beds

16 Baths

8,177 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,177 sqft

Price per Sqft $538

Subdivision Parsons Add

MLS Listing ID O6327687

Bedrooms 16

Construction Status Completed

HOA Y/N No

Year Built 1956

Annual Tax Amount $24,078

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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.

Location

State FL

County Brevard

Community Parsons Add

Area 32931 - Cocoa Beach

Zoning RM1

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments

Heating Central, Other

Cooling Central Air, Other

Flooring Luxury Vinyl

Fireplaces Type Wood Burning

Fireplace true

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Outbuildings, Balcony, Fence, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage

Parking Features Assigned

Utilities Available Natural Gas Available

View Y/N Yes

Water Access Yes

Water Access Desc Beach

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

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

Sewer Public Sewer

Water Public

Structure Type Block,Cement Siding,Stucco,Frame

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Listed by MARGAUX REALTY INC

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Kseniya Edwards

+1(386) 237-7688

Agent | BKSL3312959

Agent BKSL3312959

637 S ORLANDO AVE Cocoa Beach, FL 32931

Kseniya Edwards

Key Details

Location

Interior

Exterior

Building

Others

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