Active

118 N Atlantic Avenue

Cocoa Beach, FL 32931

$799,999 $3,372/Mo

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Overview

Bed

Bath

0.19

Acre(Lot)

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/w ork 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.

Property Details

Property Type : Land

Price : $799,999

AD Id : 76193627

MLS Id : 1072158

Lot Size : 0.19 Acre

Year Built : --

County : Brevard

Subdivision: Cocoa Beach 2nd Addn To

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Road Types

Asphalt, Paved

City Street

Lot Information

Lot Description: Cleared Lot Size Area: 0.19 Acres Lot Square Feet: 8,276

Property Information

Property Type: Land Sub Type: Unimproved Land Subdivision: Cocoa Beach 2nd Addn To MLS Area Minor: 272 - Cocoa Beach Source Neighborhood: Cocoa Beach 2nd Addn To

Listing Price Information

Listing Id: 1072158 ist Price: $799,999 Original List Price: $824,990 Listing Terms Cash
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 25-37-11-Dc-00101.0-0003.00 Annual Tax: $2,438 Tax Year: 2022 Taxes: COCOA BEACH, 2ND ADDN TO E 140 FT OF LOT 3 BLK 101

School Information

Elementary School: Roosevelt

Elementary School District:

Junior High School: Cocoa Beach

Senior High School: Cocoa Beach
Utility Information

Electricity Available
Location Information

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.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
300 N Brevard Avenue, Cocoa Beach, FL, 32931	$450,000	--	--	--	7,500 Sqft(Lot)
118 N Atlantic, Cocoa Beach, FL, 32931	$849,999	--	--	8,276	0.19 Acre(Lot)
000 N Atlantic Avenue, Cocoa Beach, FL, 32931	$1,150,000	--	--	73,840	1.85 Acres(Lot)
315 S Brevard Avenue, Cocoa Beach, FL, 32931	$520,000	--	--	7,405	0.17 Acre(Lot)
320 S Brevard Avenue, Cocoa Beach, FL, 32931	$372,000	--	--	--	0.19 Acre(Lot)
161 S Shepard Drive, Cocoa Beach, FL, 32931	$719,995	--	--	--	0.36 Acre(Lot)
Unknown, Cocoa Beach, FL, 32931	$950,000	--	--	--	0.29 Acre(Lot)
10 Fairway Drive, Cocoa Beach, FL, 32931	$489,000	--	--	--	0.36 Acre(Lot)