157 Orlando AveCocoa Beach, FL 32931
- Mixed-use properties
Property Details for 157 Orlando Ave
- Year built
- 1992
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional mixed-use property, located at 157 N Orlando Avenue in Cocoa Beach, Florida (zip code 32931), presents a lucrative investment opportunity. The 8,276.4 square foot lot houses a two-story, 1992-built building, effectively renovated in 2018, offering a total of 4 units. The building features two ground-floor retail spaces ideal for a variety of businesses, capitalizing on the high foot traffic of Downtown Cocoa Beach. Upstairs, two fully furnished, luxury vacation rentals, each boasting two bedrooms and two bathrooms, provide substantial rental income. These units feature open floor plans, spacious balconies, and include kitchens, dining areas, living rooms, and laundry facilities. One unit offers a partial ocean view. The property's proximity to the beach (one block away) and an adjacent city parking lot enhances its appeal and accessibility. This unique blend of commercial and residential space offers significant potential for growth and return on investment in a highly desirable Florida location. The asking price is $2,150,000.
Location Insight
- City
- Cocoa Beach
- County
- Brevard
- State
- Florida
- Latitude
- 28.3215
- Longitude
- -80.6097
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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