FL > Cocoa Beach > Parsons Add To Cocoa Beach
Cocoa Beach, FL 32931,637 S Orlando AVE
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Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
Cocoa Beach, FL 32931,637 S Orlando AVE
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Jenn Clements

Jenn Clements

+1(321) 302-1430
$ 4,400,000
Est. payment /mo
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637 S Orlando AVE Cocoa Beach, FL 32931

13 Baths

8,177 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,177 sqft

Price per Sqft $538

Subdivision Parsons Add To Cocoa Beach

MLS Listing ID 1051839

HOA Y/N No

Total Fin. Sqft 8177

Year Built 1956

Annual Tax Amount $22,170

Tax Year 2023

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Hotel/Motel

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

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, 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.

Location

State FL

County Brevard

Area 272 - Cocoa Beach

Direction Head South from Ron Jon Surf Shop for 3.6 miles, property will be on your left.

Interior

Heating Central, Other

Cooling Ceiling Fan(s), Central Air, Multi Units, Other

Flooring Vinyl

Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Assigned, Parking Lot

Utilities Available Cable Available, Electricity Connected, Natural Gas Available

Roof Type Shingle

Present Use Hotel/Motel,Multi-Family

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 25-37-14-51-00026.A-0004.00

ParcelsYN No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1051839

Space Coast Association of Realtors (Brevard MLS)
Listed by Margaux Realty, Inc
agent

Jenn Clements

+1(321) 302-1430

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