637 S ORLANDO AVE new Save Request In-Person Tour Request Virtual Tour
Cocoa Beach,FL 32931
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,177 sqft
Price per Sqft $538
Subdivision Parsons Add
MLS Listing ID O6327687
Bedrooms 16
Year Built 1956
Annual Tax Amount $24,078
Lot Size 0.490 Acres
Property Sub-Type Multi Family
Property Description
The Drift is a fully renovated boutique hotel located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Juni” a 7 unit boutique motel a block away, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.
Location
State FL
County Brevard
Community Parsons Add
Area 32931 - Cocoa Beach
Zoning RM1
Interior
Heating Central,Other
Cooling Central Air,Other
Flooring Luxury Vinyl
Fireplaces Type Wood Burning
Laundry Common Area,Laundry Room
Exterior
Exterior Feature Outbuildings,Balcony,Fence,Outdoor Grill,Outdoor Shower,Sliding Doors,Storage
Parking Features Assigned
Utilities Available Natural Gas Available
View Y/N Yes
Water Access Yes
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Cement Siding,Stucco,Frame
New Construction false
Others
Special Listing Condition None