701 S Orlando AVE new

Cocoa Beach,FL 32931

$ 949000

5 Beds

3 Baths

1883 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,883 sqft

Price per Sqft $503

Subdivision Wehmeyers Add To Cocoa Beach

MLS Listing ID 1053855

Bedrooms 5

Full Baths 3

Year Built 1956

Annual Tax Amount $9,240

Tax Year 2024

Lot Size 6,970 Sqft

Property Sub-Type Triplex

Property Description

AIRBNB GOLDMINE in Cocoa Beach - steps from the Ocean. 3 Updated Units + Expansion!'' Just 600 feet from the sandy shores of Cocoa Beach, this beautifully UPDATED TRIPLEX offers the perfect blend of income potential and coastal lifestyle. This property features three remodeled units - two spacious 2-BR Apartments (Units A & B) and one charming 1-BR (Unit C) each with its own washer/dryer (A-2024, B-2023, C-2023) and new waterproof wood laminate flooring (2024). The property includes ample parking, plus large, durable storage sheds behind each unit. Recent updates ensure peace of mind for investors: Roof new in 2022 by a local company with a 15-year warranty, A/C systems updated (B & C: 2022), A: older unit with service contract) Regular service contracts in place for continued maintenance. Also a large, air-conditioned, fully stocked shed & sits on an oversized lot w/extra land on the east side, offering plenty of room to expand. With the possibility of adding a second story.

Location

State FL

County Brevard

Area 272 - Cocoa Beach

Interior

Heating Central,Electric,Hot Water

Cooling Central Air,Electric,Multi Units

Flooring Vinyl

Laundry In Unit

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking,Guest,Parking Lot,Unassigned

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Roosevelt

High Schools Cocoa Beach

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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