118 N Atlantic AVE, Cocoa Beach, FL 32931
118 N Atlantic AVE, Cocoa Beach, FL 32931
118 N Atlantic AVE, Cocoa Beach, FL 32931
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$799,999
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8,276 Sqft Lot
Price Dropped by $24K

118 N Atlantic AVE Cocoa Beach, FL 32931

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Carey Murray

Carey Murray

+1(561) 287-2791

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Cocoa Beach 2Nd Addn To

MLS Listing ID 1072158

HOA Y/N No

Annual Tax Amount $2,438

Tax Year 2022

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Unimproved Land

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

Property Description

This property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.

Location

State FL

County Brevard

Area 272 - Cocoa Beach

Direction Cocoa Beach Causeway (Hwy 520). South on A1A. Left turn on Minutemen Causeway (Downtown Cocoa Beach). Left turn on Atlantic Avenue. Property on left side, across from the beach.

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Electricity Available

View Other

Present Use Commercial,Mixed Use,Multi-Family,Office,Retail,Single Family

Street Surface Asphalt,Paved

Road Frontage City Street

Garage No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Schools

Elementary Schools Roosevelt

High Schools Cocoa Beach

Others

Senior Community No

Tax ID 25-37-11-Dc-00101.0-0003.00

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Space Coast Association of Realtors (Brevard MLS)
Listed by Better Homes & Gardens RE Star

NEARBY SCHOOL & BUSINESS

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Carey Murray

Carey Murray

Broker Associate | License ID: BK488352

+1(561) 287-2791

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118 N Atlantic AVE