3550 S Atlantic Avenue, Cocoa Beach, FL 32931

$3,950,000
16
BD
7
BA
8,656
SqFt

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List Price
$3,950,000
MLS#
1083552
Status
ACTIVE
Type
Multifamily
County
Brevard
City
Cocoa Beach
Area
Cocoa Beach
Subdivision
Orlando Beach
Bedrooms
16
Bathrooms
7
Living Area
8,656
Total Square Feet
30,492
Acres
0.70
Year Built
1956
Days on Market
0

Property Description

ONCE IN A LIFETIME OPPORTUNITY! OWN 6 Duplexes (12 units all 2/1) situated on large .7 acre lot on BANANA RIVER and 3 min walk to beach! Huge income right now with 6 long term tenants and 6 very successful vacation rentals. There is great opportunity to increase your yearly income tremendously by converting more units to vacation rentals. So many upgrades have been done: roofs, PVC drains, new TREX-dock, all roofs appx 7 to 9 years old, appliances, electrical, a/c all within 6 years, new asphalt main entrance/street and more! Very little deferred expenses! DO NOT WALK PROPERTY WITHOUT LIST AGENT! ONE OF A KIND! This RIVERFRONT COMMUNITY IS A PARADISE! 2 BOAT SLIP ALLOWED. NO DRIVE BY CALL AGENT. PLEASE DO NOT DRIVE BY WITHOUT LIST AGENT APPROVAL..

Additional Information

Tax Year
2020
Tax Amount
$15,841
Equipment And Appliances
Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
Utilities
Water Available
Exterior Finish
Block, Concrete, Stucco
Construction
Block, Concrete, Stucco
Roof
Metal, Shingle
Floor
Tile
Parking
Assigned, Guest, On Street
Parking Spaces
15
Dwelling View
River
Water Frontage
River Front
Elementary School
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Alternative Realty.