157 N Orlando, Cocoa Beach, FL 32931

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Property Description

How would you like to own a little slice of Thriving Downtown Cocoa Beach? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, has total area 4378 S.F.~2 retail spaces on the 1st FLR and 2 vacation rental apartments on the 2nd FLR. The retail units have long term leases in place and the vacation rentals are currently running at 90% occupancy rate. Make money why you enjoy the Florida Cocoa Beach Lifestyle. 5.5% cap rate. Located in Downtown Cocoa Beach and 1 block from the beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dinning, living and laundry room. One unit has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps

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Listing courtesy of CENTURY 21 Ocean.