157 N Orlando Avenue, Cocoa Beach, FL 32931

$1,350,000
Property Type: Commercial Sale Square Footage: 4,378 Lot Size (sq. ft.): 8,276 Status: Closed
Current Price: $1,350,000 List Date: 5/08/2020 Last Modified: 5/21/2026

Overview

Description

How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and

Supplements: and

Listing Details MLS# 874905

General Property Information

Number Of Units Total
4
Stories Total
2
Building Area Total
4378
Year Built
1992
Lot Size Acres
0.19
Property Use
C-MIXED USE - COMMERCIAL PROPERTY (1210)
Use Code
12 / COMMERCIAL, MIXED USE
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
331.2
Sold Price/SqFt
308.36

Property Features

Building Features: Kitchen Facilities; Laundry; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Separate Office Area Ceiling Type: Drywall Cooling: Central Air Current Use: Commercial Electric: 100 Amp Service; 220 Volts Flooring: Carpet; Tile Heating: Central; Electric Listing Terms: Cash; Conventional; Lease Option Location: Beach Area; Central Business District Possession: Close Of Escrow Roof: Composition; Wood Truss/Raft Sale Includes: Building & Land; Business Only Security Features: Fire Sprinkler System Sewer: Public Sewer Showing Requirements: Appointment Only; Listing Agent Must Accompany Special Listing Conditions: Presently Leased Utilities: Cable Available; Water Available Water Source: Public

Contract Information

Original List Price
1500000
Listing Contract Date
2020-05-08
Property Sub Type
Business

Location Tax and Legal

Street Number
157
Street Direction Prefix
N
Street Name
Orlando
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32931
MLS Area Major
272 - Cocoa Beach
Subdivision Name
Cocoa Beach 2nd Addn To

Remarks and Miscellaneous

Public Remarks
How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and

Status Change Information

Major Change Timestamp
2023-11-11T09:37:11Z
Major Change Type
Price Reduced
Price Change Timestamp
2020-10-23T20:47:54Z
Status Change Timestamp
2021-05-04
Purchase Contract Date
2021-02-26
Close Date
2021-05-04
Close Price
1350000

More Information

Building Features

% Air Conditioned or Heated
100
Kitchen Facilities
Yes
Laundry
Yes
Office
Yes
Private Restroom
Yes
Public Restroom
Yes
Rear Access
Yes
Reception Area
Yes
Separate Office Area
Yes

Location, Tax, and Legal

Tax Account
2516548
Parcel Number
25-37-10-Dc-00101.0-0013.00
General County Location
Central
Tax Annual Amount
5527.53
Tax Year
2018
Tax Legal Description
COCOA BEACH, 2ND ADDN TO LOT 13 BLK 101
Directions
From A1A and 520 go South, building on the left right after the road splits

Cooling

Central Air
Yes
Electric
Yes

Current Use

Commercial
Yes

Electric

100 Amp Service
Yes
220 Volts
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes
Wood Truss/Raft
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Presently Leased
Yes

Utilities

Cable Available
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Listing Agent Must Accompany
Yes

Ceiling Type

Drywall
Yes

Location

Beach Area
Yes
Central Business District
Yes
City
Yes

Sale Includes

Building & Land
Yes
Business Only
Yes
Listing Office: RE/MAX Aerospace Realty
Last Updated: May - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.
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