$1,800,000
Cocoa Beach, FL 32931
MLS# 787512
Status: Closed
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Property Description
This 9 unit strip center is located in heart of the newly renovated downtown Cocoa Beach streetscape. This unique center is 8,536 SF and is currently leased. Tenants include retail/surf, bar, Oyster bar, upscale restaurant, dine in or take out café. Prime location that attracts high volumes of tourist to downtown Cocoa Beach.
Details
Maps
Location, Tax, and Legal
Tax Account: 2517759
Parcel Number: 25-37-14-Dd-00001.0-0001.01
General County Location: Central
Tax Annual Amount: 8869.43
Tax Year: 2016
Tax Legal Description: COCOA BEACH W 110 FT OF LOTS 1,2 RESUBD BLK 1
Directions: Located at 7 S. Atlantic Avenue, next to Coconuts on the Beach.
General Property Information
Number Of Units Total: 9
Building Area Total: 8536
Lot Size Acres: 0.25
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 263.59
Sold Price/SqFt: 210.87
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: This 9 unit strip center is located in heart of the newly renovated downtown Cocoa Beach streetscape. This unique center is 8,536 SF and is currently leased. Tenants include retail/surf, bar, Oyster bar, upscale restaurant, dine in or take out café. Prime location that attracts high volumes of tourist to downtown Cocoa Beach.
Construction Materials
Concrete: 1
Stone: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
Source of Expenses - Owner: 1809.55
Roof
Aluminum: 1
Mixed: 1
Security Features
Smoke Detector(s): 1
Special Listing Conditions
Owner Licensed RE: 1
Utilities
Other: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 8536
Ceiling Type
Insulated: 1
Location
Beach Area: 1
Central Business District: 1
City: 1
Sale Includes
Building Only: 1
Historical Information
Public Historical Remarks 3: Proforma-Vacancy Rate: 0, Proforma-Gross Sched Income: 14722
Contract Information
Current Price: $1,800,000
Original List Price: 2750000
Sold Price: $1,800,000
Status: Closed
Listing Contract Date: 2017-06-29
Property Sub Type: Business
Location Tax and Legal
Street Number: 7
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-11-28T17:03:56Z
Status Change Timestamp: 2018-02-23
Purchase Contract Date: 2018-01-12
Close Date: 2018-02-23
Close Price: 1800000
Property Features
Ceiling Type: Insulated
Construction Materials: Concrete; Stone
Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s)
Current Use: Commercial
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Lease Option
Location: Beach Area; Central Business District
Possession: Close Of Escrow
Roof: Aluminum; Mixed
Sale Includes: Building Only
Security Features: Smoke Detector(s)
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Owner Licensed RE
Utilities: Other
Listing Office: RE/MAX Solutions
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.