$2,343,660
Cocoa Beach, FL 32931
MLS# 831842
Status: Closed

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Property Description
Take advantage of a rare opportunity to own a motel just steps to the beach in World Famous Cocoa Beach. Endless potential awaits with this investment opportunity. Nearby Port Canaveral is the second busiest Passenger Cruise Port in the Country and with the expansion of the port and building of a new terminal it will only get busier. The nearby Space Program is booming and drawing visitors from near and far to watch a rocket being launched into space. An opportunity like this doesn't happen often so don't miss out!!!
Details
Maps
Location, Tax, and Legal
Tax Account: 2440702
Parcel Number: 24-37-35-Ci-00017.0-0015.00
General County Location: Central
Tax Annual Amount: 18556.8
Tax Year: 2018
Tax Legal Description: COCOA OCEAN BEACH LOTS 15 THUR 23 BLK 17
Directions: Located just east of A1A and Cocoa Beach CSWY intersection.
General Property Information
Number Of Units Total: 32
Stories Total: 2
Building Area Total: 11348
Lot Size Acres: 0.62
Association YN: No
Property Use: C-LIMITED SERVICE HOTEL (3910)
Water Body Access YN: No
Waterfront YN: No
Use Code: 39 / HOTELS, MOTELS
List Price/SqFt: 220.3
Sold Price/SqFt: 206.53
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: Take advantage of a rare opportunity to own a motel just steps to the beach in World Famous Cocoa Beach. Endless potential awaits with this investment opportunity. Nearby Port Canaveral is the second busiest Passenger Cruise Port in the Country and with the expansion of the port and building of a new terminal it will only get busier. The nearby Space Program is booming and drawing visitors from near and far to watch a rocket being launched into space. An opportunity like this doesn't happen often so don't miss out!!!
Cooling
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Possession
Close Of Escrow: 1
Roof
Mixed: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Use Conforms to Zone: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Listing Agent Must Accompany: 1
Building Features
Clear Ceiling Height: 11888
Location
Beach Area: 1
City: 1
Sale Includes
Building & Land: 1
Business Only: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $2,343,660
Original List Price: 2500000
Sold Price: $2,343,660
Status: Closed
Listing Contract Date: 2018-12-12
Property Sub Type: Business
Location Tax and Legal
Street Number: 100
Street Direction Prefix: E
Street Name: Cocoa Beach
Street Suffix: Causeway
Street Direction Suffix: E
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Ocean Beach
Status Change Information
Major Change Timestamp: 2019-03-01T17:16:15Z
Major Change Type: Status Change
Status Change Timestamp: 2019-03-01
Purchase Contract Date: 2018-12-12
Close Date: 2019-02-28
Close Price: 2343660
Property Features
Cooling: Wall/Window Unit(s)
Current Use: Commercial
Flooring: Carpet
Location: Beach Area
Possession: Close Of Escrow
Roof: Mixed
Sale Includes: Building & Land; Business Only; Furniture, Fixtures and Equipment
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Listing Agent Must Accompany
Special Listing Conditions: Use Conforms to Zone
Water Source: Public
Listing Office: Coastal Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.
