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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,704 sqft
Price per Sqft $404
Subdivision Cocoa Beach
MLS Listing ID O5978307
Sold Date 03/30/22
Construction Status Financing
HOA Y/N No
Year Built 1969
Annual Tax Amount $7,545
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 52x150
Property Description
LOCATION! LOCATION! LOCATION! Don't miss this AMAZING investment property 2 blocks off the ocean in coveted Cocoa Beach! Meticulously maintained with 2 buildings, each with 3 units, on this unique parcel. Each building has 1 studio, 1 one bedroom and 1 two bedroom unit. Perfect for Air BnB or long term rentals or BOTH! All units are light, bright and spacious! New roofs in 2016! Newer AC units! Tankless H20 heaters, updated kitchens, flooring and stackable washer/dryer in each unit, with new gutters on the way! Plenty of room for building ''up'', building townhomes or adding common pool/bbq/cabana area to the existing design. Corner property makes parking a breeze! Walking distance to downtown and beaches makes this location PRIME for current and future tenants!
Directions: Corner of 3rd St and South Orlando Ave.
Location
State FL
County Brevard
Community Cocoa Beach
Zoning RM1
Interior
Interior Features Living Room/Dining Room Combo, Open Floorplan, Split Bedroom
Heating Electric
Cooling Central Air, Mini-Split Unit(s)
Flooring Laminate, Terrazzo, Tile
Fireplace false
Appliance Tankless Water Heater
Laundry Inside
Exterior
Exterior Feature Rain Gutters, Storage
Parking Features Common, Driveway, Off Street, On Street, Open
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Special Funding
Listing Terms Cash, Conventional, Other, Special Funding
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE