157 N Orlando Avenue, Cocoa Beach, FL 32931
$1,350,000
Property Type:
Commercial Sale
Square Footage:
4,378
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$1,350,000
List Date:
5/08/2020
Last Modified:
11/02/2024
Description
How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and
Supplements: and
More Information MLS# 874905
Location, Tax, and Legal
Tax Account: 2516548
Parcel Number: 25-37-10-Dc-00101.0-0013.00
General County Location: Central
Tax Annual Amount: 5527.53
Tax Year: 2018
Tax Legal Description: COCOA BEACH, 2ND ADDN TO LOT 13 BLK 101
Directions: From A1A and 520 go South, building on the left right after the road splits
General Property Information
Number Of Units Total: 4
Stories Total: 2
Building Area Total: 4378
Lot Size Acres: 0.19
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 331.2
Sold Price/SqFt: 308.36
Year Built: 1992
Remarks and Miscellaneous
Public Remarks: How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
220 Volts: 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
Roof
Composition: 1
Wood Truss/Raft: 1
Security Features
Fire Sprinkler System: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Presently Leased: 1
Utilities
Cable Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Listing Agent Must Accompany: 1
Building Features
% Air Conditioned or Heated: 100
Kitchen Facilities: 1
Laundry: 1
Office: 1
Private Restroom: 1
Public Restroom: 1
Rear Access: 1
Reception Area: 1
Separate Office Area: 1
Ceiling Type
Drywall: 1
Location
Beach Area: 1
Central Business District: 1
City: 1
Sale Includes
Building & Land: 1
Business Only: 1
Contract Information
Current Price: $1,350,000
Original List Price: 1500000
Sold Price: $1,350,000
Status: Closed
Listing Contract Date: 2020-05-08
Property Sub Type: Business
Location Tax and Legal
Street Number: 157
Street Direction Prefix: N
Street Name: Orlando
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach 2nd Addn To
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:11Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-10-23T20:47:54Z
Status Change Timestamp: 2021-05-04
Purchase Contract Date: 2021-02-26
Close Date: 2021-05-04
Close Price: 1350000
Property Features
Building Features: Kitchen Facilities; Laundry; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Separate Office Area
Ceiling Type: Drywall
Cooling: Central Air
Current Use: Commercial
Electric: 100 Amp Service; 220 Volts
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Location: Beach Area; Central Business District
Possession: Close Of Escrow
Roof: Composition; Wood Truss/Raft
Sale Includes: Building & Land; Business Only
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Showing Requirements: Appointment Only; Listing Agent Must Accompany
Special Listing Conditions: Presently Leased
Utilities: Cable Available; Water Available
Water Source: Public
Listing Office:
RE/MAX Aerospace Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.