637 Orlando Avenue, COCOA BEACH, FL 32931
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- MLS#: O6327687 ( Residential Income )
- Street Address: 637 Orlando Avenue
- Viewed: 4
- Price: $4,400,000
- Price sqft: $521
- Waterfront: No
- Year Built: 1956
- Bldg sqft: 8441
- Bedrooms: 16
- Total Baths: 16
- Days On Market: 6
- Additional Information
- Geolocation: 28.307 / -80.6095
- County: BREVARD
- City: COCOA BEACH
- Zipcode: 32931
- Subdivision: Parsons Add
- DMCA Notice
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DescriptionThe 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.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Baths Total
- 16
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Other
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Outbuildings
- Balcony
- Fence
- Outdoor Grill
- Outdoor Shower
- Sliding Doors
- Storage
Flooring
- Luxury Vinyl
Garage Spaces
- 0.00
Heating
- Central
- Other
Insurance Expense
- 0.00
Interior Features
- Ceiling Fans(s)
- Open Floorplan
- Stone Counters
- Window Treatments
Legal Description
- PARSONS ADD TO COCOA BEACH LOTS 4
- 5
- 6 BLK 26 A
Living Area
- 8177.00
Area Major
- 32931 - Cocoa Beach
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 25 3714-51-26.A-4
Parking Features
- Assigned
Possession
- Close Of Escrow
Property Condition
- Completed
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2024
Township
- 25
Utilities
- Natural Gas Available
Water Source
- Public
Year Built
- 1956
Zoning Code
- RM1