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1473 S Atlantic Ave
Cocoa Beach, FL 32931
8 oceanfront vacation rentals in Cocoa Beach · Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 4,306 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built/Renovated | 1961/2011 |
| Building Class | C | Parking Ratio | 2.79/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,306 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2011 |
| Parking Ratio | 2.79/1,000 SF |
Site Amenities
- Laundry Facilities
- Waterfront
- Storage Space
About 1473 S Atlantic Ave , Cocoa Beach, FL 32931
*Coco Sands Cottages is an ocean front complex in South Cocoa Beach that consists of three buildings, currently operating as a combined long-term multifamily income property, and a short-term vacation rental. However, current zoning would allow a change in use to 100% vacation rental, which would dramatically increase the income. Offering includes a completely remodeled and impeccably maintained 3/3 oceanfront vacation rental, plus 6 long-term rentals. Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, and a 1/1 with a kitchenette. Some recent updates include granite countertops, new appliances, gas stove, and oversized high impact glass windows overlooking the Ocean. Over 1000 square foot patio and deck. Offering also includes Five 1/1 apartments, plus one 2/1 apartment, with it's own washer/dryer & jetted Jacuzzi tub. The latter also has a large deck area. Beach house has separate laundry room and storage. Tenants have coin operated laundry room and bike/surfboard storage area. All units have high quality window treatments & hurricane shutters. Most long-term rentals are far below the market rate, but one unit was just rented within 4 days at our new, recommended price. Beachhouse has been used as a vacation destination for family, and an occasional vacation rental. See pro forma with financial details in attachments.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
| 3+3 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 25-37-23-DD-00015.0-0010.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,721,360 |
PROPERTY TAXES
zoning
| Zoning Code | RM2 |
| RM2 |
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