637 S Orlando Avenue, COCOA BEACH, FL 32931

Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
637 S Orlando Avenue,COCOA BEACH, FL 32931
$4,400,000
  • 16 Beds
  • 16 Baths
  • 8,177 sq. ft.
  • Multi-family
  • Active
Listed by:adolfo pereira iv
Office:margaux realty inc
MLS#:O6327687
Source:MFRMLS

Price summary

  • Price:$4,400,000
  • Price per sq. ft.:$521.27

About this home

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, totaling 16 bedrooms and 15.5 bathrooms, 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.

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Home facts

  • Year built:1956
  • Listing Id #:O6327687
  • Added:29 day(s) ago
  • Updated:August 14, 2025 at 12:11 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:8,177 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1956
  • Building area:8,177 sq. ft.
  • Lot area:0.49 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,400,000
  • Price per sq. ft.:$521.27
  • Tax amount:$24,078 (2024)
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