$1,600,000
Cocoa Beach, FL 32931
MLS# 840424
Status: Closed
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Property Description
Don't miss this once in a lifetime opportunity in the heart of the Cocoa Beach. This parcel consists of four lots and runs from the parking lot to the shop (120'X150'), including the parking lots to the rear. (currently under lease by city).The busiest intersection in the Cocoa beach. 4872 sq.ft., the building can fit all kinds of businesses, restaurants, bars, wedding receptions or special events...the possibilities are endless. There is an outdoor sitting area for the expansion of the businesses. This sale includes all furniture, kitchen equipment, and all attached fixtures. Currently great income for just the parking lot alone. Sale includes the property account: 2517496, 2516521, 2516522, 2516523. The building was rebuilt from scratch in 1988.
Details
Maps
Location, Tax, and Legal
Tax Account: 2517496
Parcel Number: 25-37-11-Db-00100.0-0001.00
General County Location: Central
Tax Annual Amount: 7807.32
Tax Year: 2018
Tax Legal Description: COCOA BEACH, 1ST ADDN TO LOTS 1,2 & E 5 FT OF LOT 3 BLK BLK 100
Directions: on there intersection of A1A and Minutemen Causeway
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 4872
Lot Size Acres: 0.15
Association YN: No
Property Use: C-RESTAURANT / CAFETERIA (2100)
Water Body Access YN: No
Waterfront YN: No
Use Code: 21 / RESTAURANTS, CAFETERIAS
List Price/SqFt: 348.93
Sold Price/SqFt: 328.41
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: Don't miss this once in a lifetime opportunity in the heart of the Cocoa Beach. This parcel consists of four lots and runs from the parking lot to the shop (120'X150'), including the parking lots to the rear. (currently under lease by city).The busiest intersection in the Cocoa beach. 4872 sq.ft., the building can fit all kinds of businesses, restaurants, bars, wedding receptions or special events...the possibilities are endless. There is an outdoor sitting area for the expansion of the businesses. This sale includes all furniture, kitchen equipment, and all attached fixtures. Currently great income for just the parking lot alone. Sale includes the property account: 2517496, 2516521, 2516522, 2516523. The building was rebuilt from scratch in 1988.
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
220 Volts: 1
Underground: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Roof
Tar/Gravel: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
Kitchen Facilities: 1
Public Restroom: 1
Rear Access: 1
Restaurant: 1
Ceiling Type
Drywall: 1
Location
Beach Area: 1
City: 1
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $1,600,000
Original List Price: 2100000
Sold Price: $1,600,000
Status: Closed
Listing Contract Date: 2019-03-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 2
Street Direction Prefix: N
Street Name: Atlantic
Street Suffix: Avenue
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach 1st Addn To
Status Change Information
Major Change Timestamp: 2023-11-11T09:28:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-02-01T18:58:25Z
Status Change Timestamp: 2020-03-24
Purchase Contract Date: 2020-02-20
Close Date: 2020-03-23
Close Price: 1600000
Property Features
Building Features: Kitchen Facilities; Public Restroom; Rear Access; Restaurant
Ceiling Type: Drywall
Construction Materials: Block; Concrete
Cooling: Central Building
Current Use: Commercial
Electric: 100 Amp Service; 220 Volts; Underground
Flooring: Carpet; Tile; Wood
Heating: Central; Electric
Listing Terms: Cash; Conventional
Location: Beach Area
Lot Features: Other
Possession: Close Of Escrow; Negotiable
Roof: Tar/Gravel
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Water Source: Public
Listing Office: CENTURY 21 Baytree Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.