$3,950,000
Cocoa Beach, FL 32931
MLS# 1083552
16 beds | 7 baths | 8656 sqft
1 / 99
Property Description
ONCE IN A LIFETIME OPPORTUNITY! OWN 6 Duplexes (12 units all 2/1) situated on large .7 acre lot on BANANA RIVER and 3 min walk to beach! Huge income right now with 6 long term tenants and 6 very successful vacation rentals. There is great opportunity to increase your yearly income tremendously by converting more units to vacation rentals. So many upgrades have been done: roofs, PVC drains, new TREX-dock, all roofs appx 7 to 9 years old, appliances, electrical, a/c all within 6 years, new asphalt main entrance/street and more! Very little deferred expenses! DO NOT WALK PROPERTY WITHOUT LIST AGENT! ONE OF A KIND! This RIVERFRONT COMMUNITY IS A PARADISE! 2 BOAT SLIP ALLOWED. NO DRIVE BY CALL AGENT. PLEASE DO NOT DRIVE BY WITHOUT LIST AGENT APPROVAL..
Details
Maps
Location, Tax, and Legal
Unit Number: 1-12
Tax Account: 2520991
Parcel Number: 25-37-35-25-00003.0-0004.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 15841.5
Tax Year: 2020
Tax Legal Description: ORLANDO BEACH LOTS 4,5 BLK 3
Directions: A1A SOUTH COCOA BEACH! DO NOT ENTER PROPERTY WITHOUT LIST AGENT!
General Property Information
Number Of Units Total: 12
Stories Total: 1
Bathrooms Half: 0
Living Area: 8656
Living Area Source: Public Records
Building Area Total: 8656
Lot Size Acres: 0.7
Lot Size Square Feet: 30492
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Open Parking Spaces: 15
Parking Total: 15
Water Body Access YN: No
Furnished: Partially
Pool Private YN: No
List Price/SqFt: 456.33
Bedrooms Total: 16
Bathrooms Total: 7
Bathrooms Full: 7
Year Built: 1956
Remarks and Miscellaneous
Public Remarks: ONCE IN A LIFETIME OPPORTUNITY! OWN 6 Duplexes (12 units all 2/1) situated on large .7 acre lot on BANANA RIVER and 3 min walk to beach! Huge income right now with 6 long term tenants and 6 very successful vacation rentals. There is great opportunity to increase your yearly income tremendously by converting more units to vacation rentals. So many upgrades have been done: roofs, PVC drains, new TREX-dock, all roofs appx 7 to 9 years old, appliances, electrical, a/c all within 6 years, new asphalt main entrance/street and more! Very little deferred expenses! DO NOT WALK PROPERTY WITHOUT LIST AGENT! ONE OF A KIND! This RIVERFRONT COMMUNITY IS A PARADISE! 2 BOAT SLIP ALLOWED. NO DRIVE BY CALL AGENT. PLEASE DO NOT DRIVE BY WITHOUT LIST AGENT APPROVAL..
Appliances
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Association Amenities
Boat Dock: 1
Boat Slip: 1
Closing Company Details
Closing Company Name: Sandi Toth 321-728-3836
Closing Company Address: state title
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Flooring
Tile: 1
Heating
Central: 1
Laundry Features
Common Area: 1
Levels
One: 1
Listing Terms
Cash: 1
Owner May Carry: 1
Parking Features
Assigned: 1
Guest: 1
On Street: 1
Income and Expenses
Gross Income: 340000
Net Operating Income: 205000
Income Includes
Laundry: 1
Owner Pays
Cable TV: 1
Grounds Care: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Taxes: 1
Water: 1
Road Surface Type
Asphalt: 1
Roof
Metal: 1
Shingle: 1
Security Features
Closed Circuit Camera(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: one
Actual Rent: 1385
Unit SqFt: 650
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: annual lease
Unit 2 Details
Unit ID: two
Actual Rent: 1500
Unit SqFt: 650
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: annual lease
Unit 3 Details
Unit ID: three
Actual Rent: 1400
Unit SqFt: 650
Beds Total: 2
Furnished: Unfurnished
Unit Remarks: annual lease
Unit 4 Details
Unit ID: four
Actual Rent: 1595
Unit SqFt: 650
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: annual lease
Unit 5 Details
Unit ID: five
Actual Rent: 3000
Unit SqFt: 650
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: vacation rental
Unit 6 Details
Unit ID: six
Actual Rent: 4600
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: vacation rental riverfront unit
Unit 7 Details
Unit ID: seven
Actual Rent: 4000
Unit SqFt: 800
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: vacation rental riverfront unit
Unit 8 Details
Unit ID: eight
Actual Rent: 3000
Unit SqFt: 650
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: vacation rental
Utilities
Water Available: 1
View
River: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Showing Requirements
Appointment Only: 1
No Sign: 1
Historical Information
Public Historical Remarks 3: Possible Financing-Holding 1st: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 4+ Buildings
Contract Information
Current Price: $3,950,000
Original List Price: 3950000
List Price: $3,950,000
Status: Active
Listing Contract Date: 2026-07-28
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 3550
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: 2026-07-28T13:22:36Z
Major Change Type: New Listing
Status Change Timestamp: 2026-07-28
Property Features
Appliances: Dryer; Electric Range; Microwave; Refrigerator; Tankless Water Heater; Washer
Association Amenities: Boat Dock; Boat Slip
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Current Use: Multi-Family
Flooring: Tile
Heating: Central
Income Includes: Laundry
Laundry Features: Common Area
Levels: One
Listing Terms: Cash; Owner May Carry
Owner Pays: Cable TV; Grounds Care; Insurance; Pest Control; Sewer; Taxes; Water
Parking Features: Assigned; Guest; On Street
Road Surface Type: Asphalt
Roof: Metal; Shingle
Security Features: Closed Circuit Camera(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Water Available
View: River
Water Source: Public
Waterfront Features: River Front
Showing Requirements: Appointment Only; No Sign
Listing Office: RE/MAX Alternative Realty
Last Updated: July - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.