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: 5/21/2026

Overview

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.

Listing Details MLS# 803058

General Property Information

Number Of Units Total: 8
Stories Total: 2
Building Area Total: 3928
Year Built: 1961
Lot Size Acres: 0.29
Property Use: C-MULTIPLE LIVING UNITS - 5 TO 9 UNITS (NOT ATTACHED) (0859)
Use Code: 08 / MULTI-FAMILY LESS THAN 10
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
List Price/SqFt: 420.06
Sold Price/SqFt: 407.33

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

Contract Information

Original List Price: 1750000
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

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.

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

More Information

Building Features

% Air Conditioned or Heated: 100

Listing Office: Housing Market LLC

Last Updated: May - 21 - 2026

Information is deemed to be reliable, but is not guaranteed.