171 24th Street, Cocoa Beach, FL 32931

$2,400,000

Property Type: Commercial Sale Square Footage: 21,150 Status: Closed

Current Price: $2,400,000 List Date: 12/12/2022 Last Modified: 5/21/2026

Overview

Description

Amazing opportunity to OWN TWO QUADRUPLEXES where vacation rentals are allowed! Location is incredible; you're a block away from the ocean and river! Built in 2016, tile throughout, matching granite counters in kitchen and bathrooms. Laundry room with utility sink in each unit and washer & dryer included. All block construction with hardy board siding and impact-rated windows. Current income is based on 7 units as owner/landlord lives there. Property is turnkey and ready for the right investor to either keep as long term rentals or turn into vacation rentals. There is an air-conditioned storage unit and two assigned parking spaces for each apartment.

Listing Details MLS# 952405

General Property Information

Number Of Units Total: 4
Stories Total: 2
Building Area Total: 21150
Year Built: 2016
Property Use: C-MULTIPLE LIVING UNITS - 5 TO 9 UNITS (0850)
Use Code: 08 / MULTI-FAMILY LESS THAN 10
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 127.66
Sold Price/SqFt: 113.48

Property Features

Ceiling Type: Drywall Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Current Use: Multi-Family Flooring: Tile Heating: Central; Electric Listing Terms: Cash; Conventional; Lease Option Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land; Business with Lease Security Features: Smoke Detector(s) Showing Requirements: Key In Office; Showing Service Utilities: Other

Contract Information

Original List Price: 2700000
Listing Contract Date: 2022-12-12
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 171
Street Name: 24th
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach

Remarks and Miscellaneous

Public Remarks: Amazing opportunity to OWN TWO QUADRUPLEXES where vacation rentals are allowed! Location is incredible; you're a block away from the ocean and river! Built in 2016, tile throughout, matching granite counters in kitchen and bathrooms. Laundry room with utility sink in each unit and washer & dryer included. All block construction with hardy board siding and impact-rated windows. Current income is based on 7 units as owner/landlord lives there. Property is turnkey and ready for the right investor to either keep as long term rentals or turn into vacation rentals. There is an air-conditioned storage unit and two assigned parking spaces for each apartment.

Status Change Information

Major Change Timestamp: 2023-06-02T16:27:11Z
Major Change Type: Status Change
Status Change Timestamp: 2023-06-02
Purchase Contract Date: 2023-03-08
Close Date: 2023-06-02
Close Price: 2400000

More Information

Historical Information

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

Listing Office: Clear Realty, LLC.

Last Updated: May - 21 - 2026

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