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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