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First & Best Properties Condos 41 N Orlando Ave 3,341 SF Vacant Office Building Cocoa Beach, FL 32931 $1,343,160 CAD ($402.02 CAD/SF) 5.93% Cap Rate
Investment Highlights
- High visibility areas with very heavy local and tourist foot traffic, located directly in downtown district
- Versatile space for multiple uses
- Residential spaces attached for long term and/or Airbnb rental income, walking distance to the beach, restaurants, shopping, and entertainment
Executive Summary
An exceptional opportunity to own a prime commercial property in the heart of Cocoa Beach. Ideally located along a high-traffic corridor, this property offers excellent visibility, strong demographics, and flexible potential for a variety of business uses.
Surrounded by thriving local businesses, popular destinations, and just minutes from the beach, this property is positioned for long-term growth and outstanding investment returns.
Fully remodeled, mixed use property. The first floor commercial space is currently set up as a hair salon, with a separate bathroom and washer/dryer with storage space. In the rear, the first floor studio has a private entrance, full kitchen and bathroom. Second floor unit is a 3 bedroom 2 bathroom with 2 generous balconies. Airbnb and short term rentals allowed.
Surrounded by thriving local businesses, popular destinations, and just minutes from the beach, this property is positioned for long-term growth and outstanding investment returns.
Fully remodeled, mixed use property. The first floor commercial space is currently set up as a hair salon, with a separate bathroom and washer/dryer with storage space. In the rear, the first floor studio has a private entrance, full kitchen and bathroom. Second floor unit is a 3 bedroom 2 bathroom with 2 generous balconies. Airbnb and short term rentals allowed.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,341 SF
Building Class
B
Year Built/Renovated
1958/2026
Price
$1,343,160 CAD
Price Per SF
$402.02 CAD
Cap Rate
5.93%
NOI
$79,679 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,337 SF
Building FAR
0.23
Lot Size
0.33 AC
Zoning
BU-1 - Multi-Use Commercial, Residential lease
Amenities
- Signage
- Balcony
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,612,095 CAD | |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,612,095 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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First & Best Properties Condos | 41 N Orlando Ave
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