860 S Orlando Avenue
Cocoa Beach, FL 32931

$1,288,000

Description

SELLER WILL CONSIDER ALL OFFERS. RUN NUMBERS. 5.6% cap rate. 75% of sale must be 1031, remaining 25% open to SELLER FINANCING. Also open to creative and/or long term agreement.Currently units are rented long term, but property was originally designed for weekly/daily/vacation rentals w/separate laundry room to service same and poolside restrooms. Conversion could generate considerably greater revenue. 14' screened gazebo. 80% of roof is new. All windows & doors replaced with hurricane rated within last 2 yrs. 3 new w/h, 1 new a/c, 2 units new carpet, new fencing, some new appliances. 4 identical 1200 sf. units.

Details

MLS#804027
Sub-TypeResale
StatusActive
Days On Site445

Features

SQ Feet4,806
Units4
Building(s)1

Market Activity 32931

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Area Information

StateFL
CountyBrevard
CityCocoa Beach
Zip Code32931
Area272 - Cocoa Beach
Listing VS Median (in 32931)
Price:
$1,288,000
low | high
Med:
$292,000
100% of Average
SqFt:
4,806
low | high
Med:
1,200
100% of Average
$ / SqFt:
$268
low | high
Med:
$243
59.203416149068% of Average
On Site:
445
low | high
Med:
20
100% of Average
Listing Updated: 04/21/2019
MLS Number: 804027
Listing Provided By:
Violeta Viviana Welsh  of  LoKation Real Estate

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