Cocoa Beach, FL 32931,402 S Orlando AVE
Cocoa Beach, FL 32931,402 S Orlando AVE
Cocoa Beach, FL 32931,402 S Orlando AVE
57
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$1,970,000
Est. payment /mo
7 Baths
3,156 SqFt
Price Dropped by $25K

402 S Orlando AVE Cocoa Beach, FL 32931

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,156 sqft

Price per Sqft $624

Subdivision Cocoa Beach Plat Of Blks 37 And 28A

MLS Listing ID 1051043

HOA Y/N No

Total Fin. Sqft 3156

Year Built 1961

Annual Tax Amount $10,457

Tax Year 2023

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Hotel/Motel

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

Property Description

Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. 8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it's the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry.

Location

State FL

County Brevard

Area 272 - Cocoa Beach

Direction From the 528, continue S on to Astronaut Blvd, which turns into N Atlantic Ave, continue south until N Atlantic Ave turns in S Orlando Ave, turn right onto 4th St. Propery will be on your left.

Interior

Heating Central

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 Connected, Electricity Connected

Roof Type Shingle

Present Use Hotel/Motel,Multi-Family

Road Frontage City Street

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 25-37-15-Df-00037.0-0001.00

ParcelsYN No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1051043


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

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Carey Murray

Carey Murray

Broker Associate | License ID: BK488352

+1(561) 287-2791

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402 S Orlando AVE