888 S Atlantic Avenue, Cocoa Beach, FL 32931

$1,700,000

Property Type: Commercial Sale Baths: 2 Square Footage: 5,972 Lot Size (sq. ft.): 20,909 Status: Closed

Current Price: $1,700,000 List Date: 3/11/2026 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# 1071565

General Property Information

Number Of Units Total: 8
Stories Total: 2
Bathrooms Total: 2
Building Area Total: 5972
Year Built: 1963
Lot Size Acres: 0.48
Association YN: No
List Price/SqFt: 309.78
Sold Price/SqFt: 284.66

Property Features

Construction Materials: Block; Stucco Cooling: Central Air; Electric Current Use: Residential Existing Lease Type: Other Flooring: Tile; Vinyl Heating: Central 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 Sale Includes: Building & Land Sewer: Private Sewer Showing Requirements: 24 Hour Notice; Showing Service 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

Contract Information

Original List Price: 1850000
Listing Contract Date: 2026-03-11
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: 2026-07-09T11:23:27Z
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

Income and Expenses

Gross Income: 162000

Unit 1 Details

Unit ID: Yes
Annual Rent: 20400
Unit SqFt: 700
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Unit 2 Details

Unit ID: 2
Annual Rent: 19200
Unit SqFt: 549
# Units (This Type): 2
Furnished: Unfurnished
Unit Remarks: Leased through 1/14/2027

Unit 3 Details

Unit ID: 3
Annual Rent: 20400
Unit SqFt: 737
# Units (This Type): 3
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Unit 4 Details

Unit ID: 4
Annual Rent: 21300
Unit SqFt: 878
# Units (This Type): 4
Furnished: Unfurnished
Unit Remarks: Leased through 11/30/2026

Unit 5 Details

Unit ID: 5
Annual Rent: 20400
Unit SqFt: 700
# Units (This Type): 5
Furnished: Unfurnished
Unit Remarks: Leased 3/15/2026

Unit 6 Details

Unit ID: 6
Annual Rent: 20400
Unit SqFt: 703
# Units (This Type): 6
Furnished: Unfurnished
Unit Remarks: Leased through 10/5/2026

Unit 7 Details

Unit ID: 7
Annual Rent: 20400
Unit SqFt: 703
# Units (This Type): 7
Furnished: Unfurnished
Unit Remarks: Leased 9/30/2027 & rent changes to 1725 on 10/1/26

Unit 8 Details

Unit ID: 8
Annual Rent: 20700
Unit SqFt: 878
# Units (This Type): 8
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027

Documents

Income statement ›

survey ›

Listing Office: Blue Marlin Real Estate

Last Updated: July - 09 - 2026

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