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3440 S Atlantic Ave 1.06 Acres of Commercial Land Offered at $4,466,944 CAD in Cocoa Beach, FL 32931
INVESTMENT HIGHLIGHTS
- 150' of Waterfront
- 3 active Short Term Rentals & with the ability to renovate those buildings to include more rentals or continue using as storage &/or hobby spaces
- Zoned for Both Residential (Up to 15 Units) & Commercial.
EXECUTIVE SUMMARY
RARE 1+ acre DIRECT RIVERFRONT opportunity in desirable South Cocoa Beach! Nestled between Ocean & River with 150' of waterfront, this mixed-use parcel is zoned for both Residential (up to 15 units) & Commercial. This area is known for premier properties in a tranquil area, yet close to restaurants, airports, etc. South side of property includes 3 active Short Term Rentals & the ability to renovate those buildings to include more rentals or continue using as storage &/or hobby spaces. North side is currently a vacant lot. Subdivide & build your dream home while continuing to lease rentals to pay carrying costs, subdivide into 3 riverfront single family home lots, & more. Endless options ~ create your dream home gated estate, multi-unit residential properties, or mixed-use residential & commercial properties with OCEAN TO RIVER views! South Cocoa Beach is known for quiet, wide beaches & peaceful river life with access to the Intracoastal & Ocean beyond! Please inquire for more details.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,466,944 CAD | Lot Size | 1.06 AC |
| Price Per AC | $4,214,098.23 CAD |
| Price | $4,466,944 CAD |
| Price Per AC | $4,214,098.23 CAD |
| Lot Size | 1.06 AC |
ORLANDO BEACH LOTS 4,5 & 6 BLK 4 Parcel ID: 25-37-35-25-4-4
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3440 S Atlantic Ave
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