USAFLCocoa BeachParsons Add to Cocoa Beach637 S Orlando Ave
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637 S Orlando Ave, Cocoa Beach, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$3,545,000

0130

MLS® 1051839

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 8177 sqft
Garage No
HOA Fees 
Taxes $22,171
Days Active 144
Approx. Age 1956
Avg. Price Per Sqft $433
MLS® Number 1051839

Property Address: 637 S Orlando Ave, Cocoa Beach, FL, 32931-4401

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

Description

Listed $855, 000 below appraised value. 9.93% cap rate. 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. Listed below appraised value. The Drift is a fully renovated boutique short term rental complex 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.
MLS® Number1051839
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1956
Stories3
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2025List Date
$3,545,000List Price
  • Commute

Commute

Starting Address
Destination Address
637 S Orlando Ave, Cocoa Beach, FL

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