888 S Atlantic Avenue, Cocoa Beach, FL 32931

$1,700,000

Property Type: Residential Income Bedrooms: 15 Baths: 2 Square Footage: 5,972 Lot Size (sq. ft.): 20,909 Status: Closed

Current Price: $1,700,000 List Date: 3/05/2026 Last Modified: 7/09/2026

Overview

Description

Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.

Listing Details MLS# 1071063

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 8
Bedrooms Total: 15
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 5972
New Construction YN: No
Year Built: 1963
Garage YN: No
Carport YN: No
Open Parking Spaces: 14
Parking Total: 14
Lot Size Acres: 0.48
Lot Size Square Feet: 20909
Association YN: No
Stories Total: 2
Pool Private YN: No
List Price/SqFt: 309.78
Sold Price/SqFt: 284.66

Property Features

Appliances: Dishwasher; Electric Range; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater Association Amenities: Maintenance Grounds; Trash; Water Construction Materials: Block; Stucco Cooling: Central Air; Electric Current Use: Residential Exterior Features: Impact Windows Flooring: Tile; Vinyl Heating: Central Laundry Features: Common Area; Lower Level Levels: Two Listing Terms: Cash; Conventional Lot Features: Corner Lot Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: Unassigned Sewer: Private Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Gas; Hot Water Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Separate Electric Meters; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice; Showing Service

Contract Information

Original List Price: 1850000
Listing Contract Date: 2026-03-04
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 888
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: Cleggmoor Subd

Remarks and Miscellaneous

Public Remarks: Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.

Status Change Information

Major Change Timestamp: 2026-07-09T11:23:59Z
Major Change Type: Status Change
Status Change Timestamp: 2026-07-09
Purchase Contract Date: 2026-06-16
Close Date: 2026-07-09
Close Price: 1700000

More Information

Closing Company Details

Closing Company Name: Dockside Title: Ashlyn Riebel; 321.271.1254, closing@docksidetitle.com
Closing Company Address: 380 S. Courtenay Pkwy, Merritt Island, fl 32952

DPR Eligible

DPR Eligible: No

Income and Expenses

Gross Income: 162000

Unit 1 Details

Unit ID: Yes
Actual Rent: 1700
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Unit 2 Details

Unit ID: 2
Actual Rent: 1600
Unit SqFt: 549
Furnished: Unfurnished
Unit Remarks: Leased through 1/14/2027

Unit 3 Details

Unit ID: 3
Actual Rent: 1700
Unit SqFt: 737
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Unit 4 Details

Unit ID: 4
Actual Rent: 1775
Unit SqFt: 878
Furnished: Unfurnished
Unit Remarks: Leased through 11/30/2026

Unit 5 Details

Unit ID: 5
Actual Rent: 1700
Unit SqFt: 700
Furnished: Unfurnished
Unit Remarks: Leased 3/15/2026

Unit 6 Details

Unit ID: 6
Actual Rent: 1700
Unit SqFt: 703
Furnished: Unfurnished
Unit Remarks: Leased through 10/5/2026

Unit 7 Details

Unit ID: 7
Actual Rent: 1700
Unit SqFt: 703
Furnished: Unfurnished
Unit Remarks: Leased 9/30/2027 & rent changes to 1725 on 10/1/26

Unit 8 Details

Unit ID: 8
Actual Rent: 1725
Unit SqFt: 878
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Documents

Financials ›

Listing Office: Blue Marlin Real Estate

Last Updated: July - 09 - 2026

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