$1,599,900
Cocoa Beach, FL 32931
MLS# 1046277
Status: Closed
16 beds | 8 baths | 7940 sqft
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Property Description
Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $1,599,900
Original List Price: 2200000
Sold Price: $1,599,900
Status: Closed
Listing Contract Date: 2025-05-15
Property Sub Type: Multi Family
Location, Tax, and Legal
Unit Number: 1-8
Tax Account: 2517935
Parcel Number: 25-37-14-Dd-00026.0-0011.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 14260
Tax Year: 2024
Tax Legal Description: COCOA BEACH LOTS 11,12 BLK 26
Zoning Description: Multi Family
Directions: Heading Northbound on A1A (Atlantic Ave) from PSFB to 7th ST. 2 Quads on left.
Heading Southbound on A1A (Orlando Ave) turn left on 7th St. 2 Quads on left. Corner Lot, Across the Street from the Beautiful Beaches and only meters from the beach boardwalk access.
General Property Information
Number Of Buildings: 2
Number Of Units Total: 8
Stories Total: 2
Bathrooms Half: 0
Living Area: 5976
Living Area Source: Assessor
Building Area Total: 7940
Lot Size Acres: 0.34
Lot Size Dimensions: 150X100
Lot Size Square Feet: 14810
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Open Parking Spaces: 13
Parking Total: 13
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Negotiable
Stories: 2
Entry Level: 2
Direction Faces: Southeast
Pool Private YN: Yes
List Price/SqFt: 267.72
Sold Price/SqFt: 267.72
Bedrooms Total: 16
Bathrooms Total: 8
Bathrooms Full: 8
Year Built: 1962
Remarks and Miscellaneous
Public Remarks: Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included.
Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality!
Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Electric Oven: 1
Electric Range: 1
Instant Hot Water: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Association Amenities
Barbecue: 1
Laundry: 1
Pool: 1
Closing Company Details
Closing Company Name: Superior Title Insurance Agency, Laurie Bohannan Escrow Officer
Closing Company Address: 1980 N. Atlantic Ave. Ste. 807, Cocoa Beach, FL 32931
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Multi-Family: 1
Other: 1
Electric
100 Amp Service: 1
220 Volts in Workshop: 1
Exterior Features
Balcony: 1
Courtyard: 1
Outdoor Shower: 1
Fencing
Back Yard: 1
Block: 1
Privacy: 1
Wood: 1
Flooring
Carpet: 1
Laminate: 1
Terrazzo: 1
Vinyl: 1
Heating
Central: 1
Laundry Features
Common Area: 1
Legal Details
Plat Book #: 11
Plat Book Page: 67
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Other Structures
Shed(s): 1
Workshop: 1
Parking Features
Parking Lot: 1
Unassigned: 1
Pool Features
In Ground: 1
Pool Sweep: 1
Salt Water: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Owner Pays
None: 1
Road Frontage Type
City Street: 1
State Road: 1
Road Surface Type
Asphalt: 1
Roof
Other: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Other: 1
Unit 1 Details
Unit ID: #1
Actual Rent: 1950
Unit SqFt: 752
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Currently Not Rented
Unit 2 Details
Unit ID: #2
Actual Rent: 1950
Unit SqFt: 742
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Currently Not Rented
Unit 3 Details
Unit ID: #3
Actual Rent: 1950
Unit SqFt: 752
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Currently Not Rented
Unit 4 Details
Unit ID: #4
Actual Rent: 1950
Unit SqFt: 742
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Currently Not Rented
Unit 5 Details
Unit ID: #5
Actual Rent: 0
Unit SqFt: 752
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Not Ready To Be Rented
Unit 6 Details
Unit ID: #6
Actual Rent: 0
Unit SqFt: 742
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Not Ready To Be Rented
Unit 7 Details
Unit ID: #7
Actual Rent: 0
Unit SqFt: 752
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Not Ready To Be Rented
Unit 8 Details
Unit ID: #8
Actual Rent: 0
Unit SqFt: 742
Beds Total: 2
Full Baths Total: 1
Furnished: Negotiable
Unit Remarks: Not Ready To Be Rented
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Connected: 1
View
Pool: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Listing Agent Must Accompany: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Location Tax and Legal
Street Number: 686
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2025-10-01T23:30:49Z
Major Change Type: Status Change
Price Change Timestamp: 2025-07-30T16:16:21Z
Status Change Timestamp: 2025-10-01
Purchase Contract Date: 2025-09-03
Close Date: 2025-10-01
Close Price: 1599900
Property Features
Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Range; Instant Hot Water; Refrigerator; Tankless Water Heater; Washer
Association Amenities: Barbecue; Laundry; Pool
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Commercial; Multi-Family; Other
Electric: 100 Amp Service; 220 Volts in Workshop
Exterior Features: Balcony; Courtyard; Outdoor Shower
Fencing: Back Yard; Block; Privacy; Wood
Financial Data Source: Owner
Flooring: Carpet; Laminate; Terrazzo; Vinyl
Heating: Central
Laundry Features: Common Area
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Other Structures: Shed(s); Workshop
Owner Pays: None
Parking Features: Parking Lot; Unassigned
Pool Features: In Ground; Pool Sweep; Salt Water
Possession: Close Of Escrow
Road Frontage Type: City Street; State Road
Road Surface Type: Asphalt
Roof: Other
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Other
Utilities: Cable Available; Cable Connected; Electricity Connected; Separate Water Meters; Sewer Connected; Water Connected
View: Pool
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Listing Agent Must Accompany; Showing Service
Listing Office: C. Apollo Realty Inc
Last Updated: October - 01 - 2025
Information is deemed to be reliable, but is not guaranteed.