701 S Orlando Avenue, Cocoa Beach, FL 32931

$850,000
5
BD
3
BA
1,883
SqFt

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Sold Price
$850,000
List Price
$899,000
Closing Date
Mar 04, 2026
MLS#
1053855
Status
CLOSED
Type
Multifamily
County
Brevard
City
Cocoa Beach
Area
Cocoa Beach
Subdivision
Wehmeyers Add To Cocoa Beach
Bedrooms
5
Bathrooms
3
Living Area
1,883
Total Square Feet
6,970
Acres
0.16
Year Built
1956
Days on Market
210

Property Description

AIRBNB GOLDMINE in Cocoa Beach - steps from the Ocean. 3 Updated Units + Expansion!'' Just 600 feet from the sandy shores of Cocoa Beach, this beautifully UPDATED TRIPLEX offers the perfect blend of income potential and coastal lifestyle. This property features three remodeled units - two spacious 2-BR Apartments (Units A & B) and one charming 1-BR (Unit C) each with its own washer/dryer (A-2024, B-2023, C-2023) and new waterproof wood laminate flooring (2024). The property includes ample parking, plus large, durable storage sheds behind each unit. Recent updates ensure peace of mind for investors: Roof new in 2022 by a local company with a 15-year warranty, A/C systems updated (B & C: 2022), A: older unit with service contract) Regular service contracts in place for continued maintenance. Also a large, air-conditioned, fully stocked shed & sits on an oversized lot w/extra land on the east side, offering plenty of room to expand. With the possibility of adding a second story.

Additional Information

Tax Year
2024
Tax Amount
$9,240
Equipment And Appliances
Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Water Connected
Exterior Finish
Block, Concrete, Stucco
Construction
Block, Concrete, Stucco
Roof
Shingle
Floor
Vinyl
Parking
Additional Parking, Guest, Parking Lot, Unassigned
Elementary School
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach

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Listing courtesy of Coldwell Banker Realty. Selling Office: One Sotheby's International.