118 N Atlantic Avenue,Cocoa Beach, FL 32931
Cocoa Beach, FL 32931
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.
Details
| MLS # | 1072158 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 206 |
| Listing Provided By | Better Homes & Gardens RE Star | Barbara J Zorn |
Features
| Acreage | 0.19 |
|---|---|
| Property View | Other |
Exterior
| Lot Features | Cleared |
|---|
Utilities
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
Location
| Community Sp Features Co Community Sp Features | Sidewalks |
|---|---|
| Senior Community Yes / No | No |
| Road Surface Type | Asphalt, Paved |
| General Sp Property Sp Information Co Road Sp Frontage Sp Feet | 60 |
| View | Other |
| General Sp Property Sp Information Co Water Sp Body Sp Access Sp Yn3 | No |
Taxes
| Tax Annual Amount | 2438.26 |
|---|---|
| Tax Year | 2022 |
| Tax Legal Description | COCOA BEACH, 2ND ADDN TO E 140 FT OF LOT 3 BLK 101 |
Area Information
| State | FL |
|---|---|
| County | Brevard |
| City | Cocoa Beach |
| Zip Code | 32931 |
| Area | Cocoa Beach |
| Subarea | Cocoa Beach |
| Community Name | Cocoa Beach 2nd Addn To |
| School District | Cocoa Beach |
| Elementary School | Roosevelt |
| High School | Cocoa Beach |
| Listing VS Median (in Cocoa Beach 2nd Addn To) | |
Price: $749,999 low | high Med: $772,500 On site: 206 low | high Med: 192.5 | |
Market Activity 32931
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Learn More About This Property
| State | FL |
|---|---|
| County | Brevard |
| City | Cocoa Beach |
| Zip Code | 32931 |
| Area | Cocoa Beach |
| Subarea | Cocoa Beach |
| Community Name | Cocoa Beach 2nd Addn To |
| School District | Cocoa Beach |
| Elementary School | Roosevelt |
| High School | Cocoa Beach |
| Listing VS Median (in Cocoa Beach 2nd Addn To) | |
Price: $749,999 low | high Med: $772,500 On site: 206 low | high Med: 192.5 | |
