1473 S Atlantic Avenue, Cocoa Beach, FL 32931
$1,600,000
Property Type:
Commercial Sale
Square Footage:
3,928
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$1,600,000
List Date:
1/21/2018
Last Modified:
11/01/2024
Description
Completely remodeled & impeccably maintained 3/3 oceanfront rental, plus 6 apartments in South Cocoa Beach.
Entire property can be converted to a vacation rental under the current zoning. Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, & a 1/1 with a kitchenette Over 1000 square foot patio & deck overlooking the ocean.
Offering also includes Five 1/1 apartments, plus one 2/1 apartment, with its own deck, laundry & Jacuzzi tub.
Tenants have coin operated laundry, & bike/surfboard storage area. All units have high quality window treatments & hurricane shutters.
Beachhouse has been used as a vacation destination for family, & an occasional rental.
See pro forma with financial details in attachments.
More Information MLS# 803058
Location, Tax, and Legal
Tax Account: 2519740
Parcel Number: 25-37-23-Dd-00015.0-0010.00
General County Location: Central
Tax Annual Amount: 20701.4
Tax Year: 2017
Tax Legal Description: COCOA BEACH LOT 10 BLK 15
Directions: Atlantic Avenue (oceanfront) between 14th & 15th Streets South in Cocoa Beach. Coco Sands Cottages sign is on street side apartment building. There are 3 buildings on the property.
General Property Information
Number Of Units Total: 8
Stories Total: 2
Building Area Total: 3928
Lot Size Acres: 0.29
Association YN: No
Property Use: C-MULTIPLE LIVING UNITS - 5 TO 9 UNITS (NOT ATTACHED) (0859)
Water Body Access YN: No
Waterfront YN: Yes
Use Code: 08 / MULTI-FAMILY LESS THAN 10
List Price/SqFt: 420.06
Sold Price/SqFt: 407.33
Year Built: 1961
Remarks and Miscellaneous
Public Remarks: Completely remodeled & impeccably maintained 3/3 oceanfront rental, plus 6 apartments in South Cocoa Beach.
Entire property can be converted to a vacation rental under the current zoning. Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, & a 1/1 with a kitchenette Over 1000 square foot patio & deck overlooking the ocean.
Offering also includes Five 1/1 apartments, plus one 2/1 apartment, with its own deck, laundry & Jacuzzi tub.
Tenants have coin operated laundry, & bike/surfboard storage area. All units have high quality window treatments & hurricane shutters.
Beachhouse has been used as a vacation destination for family, & an occasional rental.
See pro forma with financial details in attachments.
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Electric
100 Amp Service: 1
150 Amp Service: 1
200+ Amp Service: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Roof
Mixed: 1
Wood Joist: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
City Jurisdiction: 1
Presently Leased: 1
Use Conforms to Zone: 1
Utilities
Cable Available: 1
Natural Gas Available: 1
Other: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Location
Beach Area: 1
City: 1
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $1,600,000
Original List Price: 1750000
Sold Price: $1,600,000
Status: Closed
Listing Contract Date: 2018-01-21
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1473
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-04-16T17:01:37Z
Status Change Timestamp: 2018-07-21
Purchase Contract Date: 2018-06-03
Close Date: 2018-07-19
Close Price: 1600000
Property Features
Construction Materials: Block; Concrete; Frame
Cooling: Central Air; Wall/Window Unit(s)
Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring: Carpet; Laminate; Tile
Heating: Central
Listing Terms: Cash; Conventional; Lease Option
Location: Beach Area
Possession: Close Of Escrow
Roof: Mixed; Wood Joist
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: City Jurisdiction; Presently Leased; Use Conforms to Zone
Utilities: Cable Available; Natural Gas Available; Other
Water Source: Public
Waterfront Features: Ocean Front
Listing Office:
Housing Market LLC
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.