$2,950,000
Cocoa Beach, FL 32931
MLS# 1066779
4 beds | 3 baths
1 / 69
Property Description
Rare 1+ acre DIRECT riverfront opportunity in South Cocoa Beach. Perfectly positioned between the Atlantic Ocean and the Banana River, this exceptional parcel offers approximately 150 feet of waterfront and flexible residential zoning. Ideal for a luxury waterfront estate, a multi-home development, or a residential project of up to 15 units. The south portion of the property includes three active short-term rental structures with potential to renovate, expand rental income, or repurpose as storage or hobby spaces. The north portion remains a vacant, build-ready lot, offering endless development options. Surrounded by premier riverfront homes, this tranquil setting delivers privacy while remaining close to dining, shopping, and major airports. Enjoy quiet, wide beaches and serene river living with direct access to the Intracoastal Waterway and ocean beyond. A truly unique South Cocoa Beach offering with exceptional investment and lifestyle potential.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $2,950,000
Original List Price: 2950000
List Price: $2,950,000
Status: Active
Listing Contract Date: 2025-09-04
Property Sub Type: Multi Family
Location, Tax, and Legal
Tax Account: 2520999
Parcel Number: 25-37-35-25-00004.0-0004.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 14055.8
Tax Year: 2025
Tax Legal Description: ORLANDO BEACH LOTS 4,5 & 6 BLK 4
Directions: From Pineda Causeway, take A1A north to 3440 S Atlantic. Property will be on the left (west) side of the road.
General Property Information
Number Of Buildings: 3
Number Of Units Total: 3
Stories Total: 2
Bathrooms Half: 0
Living Area: 2733
Living Area Source: Public Records
Lot Size Acres: 1.06
Lot Size Square Feet: 46174
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 4
Carport YN: Yes
Carport Spaces: 2
Waterfront YN: Yes
Water Body Name: Banana River
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: Yes
Furnished: Furnished
Stories: 2
Entry Level: 1
Direction Faces: North
Pool Private YN: No
List Price/SqFt: 1079.4
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Rare 1+ acre DIRECT riverfront opportunity in South Cocoa Beach. Perfectly positioned between the Atlantic Ocean and the Banana River, this exceptional parcel offers approximately 150 feet of waterfront and flexible residential zoning. Ideal for a luxury waterfront estate, a multi-home development, or a residential project of up to 15 units. The south portion of the property includes three active short-term rental structures with potential to renovate, expand rental income, or repurpose as storage or hobby spaces. The north portion remains a vacant, build-ready lot, offering endless development options. Surrounded by premier riverfront homes, this tranquil setting delivers privacy while remaining close to dining, shopping, and major airports. Enjoy quiet, wide beaches and serene river living with direct access to the Intracoastal Waterway and ocean beyond. A truly unique South Cocoa Beach offering with exceptional investment and lifestyle potential.
Appliances
Dishwasher: 1
Disposal: 1
Double Oven: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: 321 Closing, LLC
Closing Company Address: 1365 N Courtenay Pkwy STE B, Merritt Island, FL 32953
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Split System: 1
Current Use
Residential: 1
Exterior Features
Courtyard: 1
Fire Pit: 1
Outdoor Shower: 1
Fencing
Full: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Few Trees: 1
Other: 1
Other Structures
Shed(s): 1
Parking Features
Attached Carport: 1
Garage: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 92000
Owner Pays
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Grounds Care: 1
Taxes: 1
Water: 1
Road Frontage Type
State Road: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: Good Vibes
Actual Rent: 31000
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: (Part of Duplex) with designated carport
Unit 2 Details
Unit ID: Flower Pwr
Actual Rent: 31000
Unit SqFt: 800
Beds Total: 1
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: (Part of Duplex) with designated carport
Unit 3 Details
Unit ID: Grvy Loft
Actual Rent: 30000
Unit SqFt: 608
Beds Total: 1
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Stuido Loft with 2 car garage downstairs
Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
View
River: 1
Water Source
Public: 1
Waterfront Features
Navigable Water: 1
River Access: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Showing Considerations
Occupied: 1
Location Tax and Legal
Street Number: 3440
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Orlando Beach
Status Change Information
Major Change Timestamp: 2026-01-17T14:15:34Z
Major Change Type: New Listing
Status Change Timestamp: 2026-01-17
Property Features
Appliances: Dishwasher; Disposal; Double Oven; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Split System
Current Use: Residential
Exterior Features: Courtyard; Fire Pit; Outdoor Shower
Fencing: Full
Flooring: Tile; Vinyl
Heating: Central
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Listing Terms: Cash; Conventional
Lot Features: Few Trees; Other
Other Structures: Shed(s)
Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Grounds Care; Taxes; Water
Parking Features: Attached Carport; Garage
Possession: Close Of Escrow
Road Frontage Type: State Road
Road Surface Type: Asphalt; Paved
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Natural Gas Available; Water Available
View: River
Water Source: Public
Waterfront Features: Navigable Water; River Access; River Front
Showing Considerations: Occupied
Showing Requirements: Appointment Only
Feature Sheet 
Listing Office: Century 21 Ocean
Last Updated: January - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.