1 S Orlando Avenue, Cocoa Beach, FL 32931
$1,285,000
Property Type:
Commercial Sale
Square Footage:
5,341
Lot Size (sq. ft.):
9,148
Status:
Closed
Current Price:
$1,285,000
List Date:
5/11/2021
Last Modified:
11/02/2024
Description
Prime downtown Cocoa Beach location at intersection of A1A South & Minutemen. Next door to the new PARKING GARAGE & across from the newly renovated City Hall. One block from public beach access. Tremendous amount of foot traffic with Coconut's oceanfront restaurant & downtown Cocoa Beach's dining, shopping & entertaining. Building also serves residential housing down Minutemen, 1 hour to Orlando Intl Airport, minutes to Port Canaveral & Patrick AFB. Additional PARKING SPACES in front of building, as well as on street parallel parking. Maximum exposure with Cocoa Beach's Friday Fest, Annual Art Festival, Surfing Santa's, etc. Great tenants with strong leases in place.
More Information MLS# 904689
Location, Tax, and Legal
Tax Account: 2518008
Parcel Number: 25-37-14-Dd-00032.0-0010.00
General County Location: Central
Tax Annual Amount: 10180
Tax Year: 2020
Tax Legal Description: COCOA BEACH LOTS 10 THRU 12 BLK 32
Directions: Minutemen & S A1A. Use street parallel parking or spaces in front of building.
General Property Information
Number Of Units Total: 3
Stories Total: 1
Building Area Total: 5341
Lot Size Acres: 0.21
Association YN: No
Property Use: C-OFFICE BUILDING - MULTI TENANT - 1 STORY (1710)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 262.12
Sold Price/SqFt: 240.59
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Prime downtown Cocoa Beach location at intersection of A1A South & Minutemen. Next door to the new PARKING GARAGE & across from the newly renovated City Hall. One block from public beach access. Tremendous amount of foot traffic with Coconut's oceanfront restaurant & downtown Cocoa Beach's dining, shopping & entertaining. Building also serves residential housing down Minutemen, 1 hour to Orlando Intl Airport, minutes to Port Canaveral & Patrick AFB. Additional PARKING SPACES in front of building, as well as on street parallel parking. Maximum exposure with Cocoa Beach's Friday Fest, Annual Art Festival, Surfing Santa's, etc. Great tenants with strong leases in place.
Construction Materials
Concrete: 1
Stucco: 1
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Income and Expenses
Insurance Expense: 5600
New Taxes Expense: 9772.78
Roof
Tar/Gravel: 1
Security Features
Smoke Detector(s): 1
Special Listing Conditions
City Jurisdiction: 1
Presently Leased: 1
Utilities
Cable Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 5341
Kitchen Facilities: 1
Lounge: 1
Meeting Room: 1
Office: 1
Private Restroom: 1
Reception Area: 1
Restaurant: 1
Separate Office Area: 1
Storage: 1
Ceiling Type
Acoustic: 1
Insulated: 1
Location
Beach Area: 1
Central Business District: 1
City: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,285,000
Original List Price: 1400000
Sold Price: $1,285,000
Status: Closed
Listing Contract Date: 2021-05-05
Property Sub Type: Business
Location Tax and Legal
Street Number: 1
Street Direction Prefix: S
Street Name: Orlando
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2021-08-02T20:26:08Z
Major Change Type: Status Change
Status Change Timestamp: 2021-08-02
Purchase Contract Date: 2021-05-25
Close Date: 2021-07-30
Close Price: 1285000
Property Features
Building Features: Kitchen Facilities; Lounge; Meeting Room; Office; Private Restroom; Reception Area; Restaurant; Separate Office Area; Storage
Ceiling Type: Acoustic; Insulated
Construction Materials: Concrete; Stucco
Cooling: Central Building; Electric
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Location: Beach Area; Central Business District
Possession: Close Of Escrow; Subject To Tenant Rights
Roof: Tar/Gravel
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Call Listing Agent
Special Listing Conditions: City Jurisdiction; Presently Leased
Utilities: Cable Available; Water Available
Water Source: Public
Listing Office:
Blue Marlin Real Estate
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.