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Addie Owens

realtoraddie@gmail.com +1(352) 223-0053

$ 2,050,000

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Price Dropped by $50K

402 S ORLANDO AVE Cocoa Beach, FL 32931

8 Beds

7 Baths

3,156 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,156 sqft

Price per Sqft $649

Subdivision Cocoa Beach Blks 37 & 28A

MLS Listing ID O6318947

Bedrooms 8

Construction Status Completed

HOA Y/N No

Year Built 1961

Annual Tax Amount $16,627

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 76x150

Property Sub-Type Multi Family

Source Stellar MLS

New Construction false

Property Description

8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it's the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Drift” a 13 unit boutique hotel a block away, listed at a 8% cap rate. 637 S Orlando Ave Cocoa Beach, FL.

Location

State FL

County Brevard

Community Cocoa Beach Blks 37 & 28A

Area 32931 - Cocoa Beach

Zoning RM1

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters

Heating Electric

Cooling Ductless

Flooring Laminate

Fireplace false

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Laundry Inside, Other

Exterior

Exterior Feature Courtyard, French Doors, Hurricane Shutters

Pool Above Ground

Utilities Available Other

Water Access Yes

Water Access Desc Beach

Roof Type Shingle

Garage false

Private Pool Yes

Building

Lot Description City Limits, Landscaped, Paved

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://media.devoredesign.com/videos/01976483-c692-7225-8f00-bcd2552a8772?v=212

Listed by MARGAUX REALTY INC

Addie Owens

CEO, Principle Broker, Instructor | BKBK3138121

+1(352) 223-0053

Addie Owens

402 S ORLANDO AVE Cocoa Beach, FL 32931

Key Details

Location

Interior

Exterior

Building

Others

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402 S ORLANDO AVE