300 S Orlando AVE new Save Request In-Person Tour Request Virtual Tour
Cocoa Beach,FL 32931
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $535
Subdivision Cocoa Beach
MLS Listing ID 1034459
Bedrooms 8
HOA Y/N No
Total Fin. Sqft 3456
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1969
Annual Tax Amount $9,660
Tax Year 2024
Lot Size 7,841 Sqft
Acres 0.18
Property Description
This fully furnished and income-generating six-plex is located in Cocoa Beach, currently operating as a profitable vacation rental business. With six separate units, each offering privacy and comfort, this property provides the ideal setup for short-term rental success, making it a perfect investment for a savvy buyer looking to expand their portfolio or enter the vacation rental market.
Each unit is fully equipped with modern amenities, designed for both comfort and convenience, and has been consistently rented out to vacationers, generating significant revenue year-round.
Includes Parcel 25-37-15-DD-36-2. There are technically two separate tri-plex lots with one address. This could benefit a buyer, as the possibility exists to receive two separate 1-4 unit loans, as opposed to commercial financing.
Property Appraised in November 2023 for $2,200,000.00. Priced well below appraisal.
Location
State FL
County Brevard
Area 272 - Cocoa Beach
Direction South Orlando and 3rd Street
Interior
Heating Central
Cooling Central Air,Electric,Separate Meters,Split System
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Present Use Other
Garage No
Private Pool No
Building
Faces North
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Roosevelt
High Schools Cocoa Beach
Others
Senior Community No
Tax ID 25-37-15-Dd-00036.0-0001.00
Special Listing Condition Standard