161 N Atlantic Avenue, Cocoa Beach, FL 32931

$850,000

Property Type: Commercial Sale Square Footage: 2,947 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $850,000 List Date: 1/07/2022 Last Modified: 11/02/2024

Overview

Description

Rare investment opportunity! 2 adjacent parcels available (see listing #908552 for 2nd parcel info). 101 N Atlantic and 161 N Atlantic together offer feet of prime downtown A1A frontage. Excellent downtown location. Many possibilities to maintain current tenants or develop property! This property is currently furnished and operating as an AirBnB with two units. Upstairs sleeps 8-10, Downstairs sleeps 6.

Listing Details MLS# 908551

General Property Information

Number Of Units Total: 2
Stories Total: 2
Building Area Total: 2947
Year Built: 1961
Lot Size Acres: 0.15
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Use Code: 17 / OFFICE, ONE STORY
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 330.84
Sold Price/SqFt: 288.43

Property Features

Building Features: Outside Storage; Rear Access Ceiling Type: Exposed Construction Materials: Block; Stucco Cooling: Central Air; Central Building Current Use: Commercial Electric: 100 Amp Service Flooring: Carpet Heating: Central Listing Terms: Cash; Conventional Location: Beach Area; Central Business District Possession: Close Of Escrow Roof: Steel Joist; Tar/Gravel Sale Includes: Building & Land Security Features: Security System Leased; Smoke Detector(s) Showing Requirements: 24 Hour Notice; Call Listing Agent Special Listing Conditions: Owner Licensed RE

Contract Information

Original List Price: 2250000
Listing Contract Date: 2021-06-24
Property Sub Type: Business

Location Tax and Legal

Street Number: 161
Street Direction Prefix: N
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach

Remarks and Miscellaneous

Public Remarks: Rare investment opportunity! 2 adjacent parcels available (see listing #908552 for 2nd parcel info). 101 N Atlantic and 161 N Atlantic together offer feet of prime downtown A1A frontage. Excellent downtown location. Many possibilities to maintain current tenants or develop property! This property is currently furnished and operating as an AirBnB with two units. Upstairs sleeps 8-10, Downstairs sleeps 6.

Status Change Information

Major Change Timestamp: 2023-11-11T09:37:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-01-07T20:44:19Z
Status Change Timestamp: 2022-06-02
Purchase Contract Date: 2022-04-13
Close Date: 2022-06-01
Close Price: 850000

More Information

Building Features

% Air Conditioned or Heated: 100
Clear Ceiling Height: 11

Historical Information

Public Historical Remarks 3: Legal/Misc-Home Warranty: No

Listing Office: StarFish Realty

Last Updated: November - 02 - 2024

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