2902 S Atlantic Avenue, Cocoa Beach, FL 32931
$4,200,000
Property Type:
Commercial Sale
Baths:
13
Square Footage:
6,754
Status:
Closed
Current Price:
$4,200,000
List Date:
12/30/2023
Last Modified:
11/02/2024
Description
Commercial Sale comp
More Information MLS# 1000804
Location, Tax, and Legal
Tax Account: 2520409
Parcel Number: 25-37-26-50-0000g.0-0009.00
General County Location: Central
Tax Annual Amount: 12583
Tax Year: 2023
Tax Legal Description: CRESCENT BEACH LOTS 9 TO 12 & CLOSED ST ON W BLK G
Additional Parcels Description: SUBMERGED LANDS LYING WESTERLY OF LOTS 9 TO 12 & CLOSED ST ON W BLK G OF PB 1 PG 38 AS DESC IN ORB
Zoning Description: Commercial
Directions: A1A north from Pineda Causeway. Property on East side of A1A
General Property Information
Number Of Units Total: 1
Building Area Total: 6754
Building Area Source: Appraiser
Association YN: No
Building Name: Lost in Paridase
Water Body Access YN: No
Land Lease YN: Yes
Senior Community YN: No
List Price/SqFt: 666.27
Sold Price/SqFt: 621.85
Bathrooms Total: 13
Year Built: 1956
Remarks and Miscellaneous
Public Remarks: Commercial Sale comp
Construction Materials
Block: 1
Frame: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Current Use
Hotel/Motel: 1
Electric
200+ Amp Service: 1
Fencing
Full: 1
Flooring
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Few Trees: 1
Parking Features
Parking Lot: 1
Possession
Close Of Escrow: 1
Owner Pays
All Utilities: 1
Road Frontage Type
State Road: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 1-13
Annual Rent: 250000
Unit SqFt: 4664
# Units (This Type): 13
Baths Total: 13
Furnished: Furnished
Unit Remarks: Short term rental
Water Source
Public: 1
Waterfront Features
Navigable Water: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Building Features
Pool: 1
Location
Beach Area: 1
Sale Includes
Business with Real Estate: 1
Contingency Reason
Inspection: 1
Non Member Info
Non-Member Brokerage: Keyes Commercial RE
Non-Member Name: Richard Spado
Contract Information
Current Price: $4,200,000
Original List Price: 4500000
Sold Price: $4,200,000
Status: Closed
Listing Contract Date: 2023-12-23
Property Sub Type: Hotel/Motel
Location Tax and Legal
Street Number: 2902
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: Crescent Beach
Status Change Information
Major Change Timestamp: 2023-12-30T23:06:28Z
Major Change Type: Status Change
Status Change Timestamp: 2023-12-30
Purchase Contract Date: 2023-12-30
Close Date: 2023-12-30
Close Price: 4200000
Property Features
Building Features: Pool
Construction Materials: Block; Frame; Stucco
Cooling: Ceiling Fan(s); Central Air
Current Use: Hotel/Motel
Electric: 200+ Amp Service
Fencing: Full
Flooring: Vinyl
Heating: Central
Listing Terms: Cash; Conventional
Location: Beach Area
Lot Features: Few Trees
Owner Pays: All Utilities
Parking Features: Parking Lot
Possession: Close Of Escrow
Road Frontage Type: State Road
Roof: Metal
Sale Includes: Business with Real Estate
Sewer: Public Sewer
Showing Requirements: Appointment Only
Water Source: Public
Waterfront Features: Navigable Water; River Front
Contingency Reason: Inspection
Listing Office:
Keller Williams Realty Brevard
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.