119 Surf Dr
0.21 Acres of Residential Land Offered at $550,000 in Cocoa Beach, FL 32931
INVESTMENT HIGHLIGHTS
- Build a new duplex with ocean views from the second floor.
- Currently, there is a duplex with a total of 7 beds, 4, baths, and 2989 sqft that can be remodeled
- Just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants
EXECUTIVE SUMMARY
This multi-family property in Downtown Cocoa Beach is all about location. It is just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants. This property is zoned RM2A and can build up to 44 feet. Build a multi-story duplex with ocean views from the second floor. Newer residences in Brevard, this close to the beach, have been selling in the mid 300's per SQFT. Prime location for vacation rentals. Port Canaveral is 4.6 miles away. Currently, there is a 7 bed, 4, bath, and 2989 sqft home that can be remodeled. Zoning allows for short-term rentals. This is an ideal property to do a 1031 exchange with.
PROPERTY FACTS
| Price | $550,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Deferred Maintenance |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.21 AC |
1 LOT AVAILABLE
Lot 1
| Price | $550,000 |
| Price Per AC | $2,619,047.62 |
| Lot Size | 0.21 AC |
This multi-family property in Downtown Cocoa Beach is all about location. It is just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants. It could only be used as a duplex and a primary home.
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PROPERTY TAXES
| Parcel Number | 24-37-34-CK-00003.0-0005.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $453,600 |
ZONING
| Zoning Code | RM2A (This property is zoned RM2A and can build up to 44 feet. Build a duplex or remodel the existing duplex.) |
