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$4,400,000

Added 8 days ago

637 S Orlando Ave, Cocoa Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$4,400,000

Added 8 days ago

0138177 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel/Motel
Levels Commercial Sale
Size 8177 sqft
Garage No
HOA Fees 
Taxes $22,171
Days Active 8
Approx. Age 1956
Avg. Price Per Sqft $538
MLS® Number 1051839

Property Address: 637 S Orlando Ave, Cocoa Beach, Florida

Average square foot calculated using Size range provided by listing agent.

Description

The Drift is a fully renovated boutique hotel located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: ''The Juni'' a 7 unit boutique motel a block away, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.
MLS® Number1051839
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1956
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Other
A/CCeiling Fan(s), Central Air, Multi Units, Other
Heating Fuel

Extras

Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land
637 S Orlando Ave, Cocoa Beach, FL

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