686 S Atlantic Avenue #1-8, Cocoa Beach, FL 32931

Local realty services provided by:Better Homes and Gardens Real Estate Star
686 S Atlantic Avenue #1-8,Cocoa Beach, FL 32931
$1,599,900
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  • 16 Beds
  • 8 Baths
  • 5,976 sq. ft.
  • Multi-family
  • Pending
Listed by:rebecca l sparks
Office:c. apollo realty inc
MLS#:1046277
Source:FL_SPACE

Price summary

  • Price:$1,599,900
  • Price per sq. ft.:$201.5

About this home

Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside

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Home facts

  • Year built:1962
  • Listing ID #:1046277
  • Added:131 day(s) ago

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:5,976 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1962
  • Building area:5,976 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Cocoa Beach
  • Middle school:Cocoa Beach
  • Elementary school:Roosevelt

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,599,900
  • Price per sq. ft.:$201.5
  • Tax amount:$14,260 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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