$1,350,000
Cocoa Beach, FL 32931
MLS# 919641
Status: Closed
1 / 48
Property Description
Located in the City of Cocoa Beach with 55' of direct frontage on South Atlantic Avenue (HWY A1A). This section of South Atlantic Avenue is currently reporting 16,212 cars passing daily. Less than 1 from the beach. Current tenant has a NNN Lease expiring in 2024, but has a 3 yr. extension. New National Company Tenant in 2nd Unit with a 10 year lease! OWNER FINANCING!
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2518016
Parcel Number: 25-37-14-Dd-00032.0-0019.00
General County Location: Central
Tax Annual Amount: 5533.53
Tax Year: 2021
Tax Legal Description: COCOA BEACH LOT 19 BLK 32
Directions: Located south of SR 520 on S. Atlantic Ave.
General Property Information
Number Of Units Total: 2
Stories Total: 1
Building Area Total: 3300
Lot Size Acres: 0.17
Association YN: No
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Water Body Access YN: No
Waterfront YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 423.94
Sold Price/SqFt: 409.09
Year Built: 1965
Remarks and Miscellaneous
Public Remarks: Located in the City of Cocoa Beach with 55' of direct frontage on South Atlantic Avenue (HWY A1A). This section of South Atlantic Avenue is currently reporting 16,212 cars passing daily. Less than 1 from the beach.
Current tenant has a NNN Lease expiring in 2024, but has a 3 yr. extension. New National Company Tenant in 2nd Unit with a 10 year lease! OWNER FINANCING!
Cooling
Central Air: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Private Financing Available: 1
Possession
Close Of Escrow: 1
Income and Expenses
Net Operating Income: 88000
Roof
Mixed: 1
Security Features
Smoke Detector(s): 1
Special Listing Conditions
Presently Leased: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 3300
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Legal/Misc-Home Warranty: No
Non Member Info
Non-Member Brokerage: LUFT Realty
Non-Member Name: Maria Amelia Kottke
Contract Information
Current Price: $1,350,000
Original List Price: 1500000
Sold Price: $1,350,000
Status: Closed
Listing Contract Date: 2021-11-01
Property Sub Type: Business
Location Tax and Legal
Street Number: 70
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
Street Direction Suffix: S
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2024-07-01T18:46:39Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-09T20:54:15Z
Status Change Timestamp: 2024-07-01
Purchase Contract Date: 2024-06-20
Close Date: 2024-06-28
Close Price: 1350000
Property Features
Cooling: Central Air
Current Use: Commercial
Flooring: Carpet; Vinyl
Heating: Central
Listing Terms: Cash; Conventional; Lease Option; Private Financing Available
Possession: Close Of Escrow
Roof: Mixed
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Presently Leased
Water Source: Public
Floorplan 70 
Listing Office: Coldwell Banker Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.