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
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.
More Information MLS# 908551
Location, Tax, and Legal
Tax Account: 2517617
Parcel Number: 25-37-11-Dd-B-10
General County Location: Central
Tax Legal Description: COCOA BEACH W 80 FT OF LOT 9 & W 80 FT OF N 30 FT OF LOT 10 RESUBD BLK B
Directions: A1A North of Minutemen Cswy to 161 on right side.
General Property Information
Number Of Units Total: 2
Stories Total: 2
Building Area Total: 2947
Lot Size Acres: 0.15
Association YN: No
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 330.84
Sold Price/SqFt: 288.43
Year Built: 1961
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.
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Central Building: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
Flooring
Carpet: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Steel Joist: 1
Tar/Gravel: 1
Security Features
Security System Leased: 1
Smoke Detector(s): 1
Special Listing Conditions
Owner Licensed RE: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 11
Outside Storage: 1
Rear Access: 1
Ceiling Type
Exposed: 1
Location
Beach Area: 1
Central Business District: 1
City: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Legal/Misc-Home Warranty: No
Contract Information
Current Price: $850,000
OriginalListPrice: 2250000
Sold Price: $850,000
Status: Closed
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
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:27Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-01-07T20:44:19Z
StatusChangeDate: 2022-06-02
Purchase Contract Date: 2022-04-13
Close Date: 2022-06-01
Close Price: 850000
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
Listing Office:
StarFish Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.