171 24th Street, Cocoa Beach, FL 32931

$2,400,000
Property Type: Commercial Sale Square Footage: 21,150 Status: Closed
Current Price: $2,400,000 List Date: 12/12/2022 Last Modified: 5/21/2026

Overview

Description

Amazing opportunity to OWN TWO QUADRUPLEXES where vacation rentals are allowed! Location is incredible; you're a block away from the ocean and river! Built in 2016, tile throughout, matching granite counters in kitchen and bathrooms. Laundry room with utility sink in each unit and washer & dryer included. All block construction with hardy board siding and impact-rated windows. Current income is based on 7 units as owner/landlord lives there. Property is turnkey and ready for the right investor to either keep as long term rentals or turn into vacation rentals. There is an air-conditioned storage unit and two assigned parking spaces for each apartment.

Listing Details MLS# 952405

General Property Information

Number Of Units Total
4
Stories Total
2
Building Area Total
21150
Year Built
2016
Property Use
C-MULTIPLE LIVING UNITS - 5 TO 9 UNITS (0850)
Use Code
08 / MULTI-FAMILY LESS THAN 10
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
127.66
Sold Price/SqFt
113.48

Property Features

Ceiling Type: Drywall Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Current Use: Multi-Family Flooring: Tile Heating: Central; Electric Listing Terms: Cash; Conventional; Lease Option Possession: Close Of Escrow Roof: Metal Sale Includes: Building & Land; Business with Lease Security Features: Smoke Detector(s) Showing Requirements: Key In Office; Showing Service Utilities: Other

Contract Information

Original List Price
2700000
Listing Contract Date
2022-12-12
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
171
Street Name
24th
Street Suffix
Street
County
Brevard
State
FL
Postal Code
32931
MLS Area Major
272 - Cocoa Beach
Subdivision Name
Cocoa Beach

Remarks and Miscellaneous

Public Remarks
Amazing opportunity to OWN TWO QUADRUPLEXES where vacation rentals are allowed! Location is incredible; you're a block away from the ocean and river! Built in 2016, tile throughout, matching granite counters in kitchen and bathrooms. Laundry room with utility sink in each unit and washer & dryer included. All block construction with hardy board siding and impact-rated windows. Current income is based on 7 units as owner/landlord lives there. Property is turnkey and ready for the right investor to either keep as long term rentals or turn into vacation rentals. There is an air-conditioned storage unit and two assigned parking spaces for each apartment.

Status Change Information

Major Change Timestamp
2023-06-02T16:27:11Z
Major Change Type
Status Change
Status Change Timestamp
2023-06-02
Purchase Contract Date
2023-03-08
Close Date
2023-06-02
Close Price
2400000

More Information

Historical Information

Public Historical Remarks 3
Legal/Misc-Home Warranty: No

Location, Tax, and Legal

Tax Account
2520259
Parcel Number
25-37-26-29-*-5
General County Location
Central
Tax Year
2021
Tax Legal Description
COCOA BEACH LOT 5 & LOTS 11,12 BLK A OF PB 1 PG 38
Directions
TWO SEPARATE BUILDINGS on two different streets. Look up tax account number for specifics A1A to 24th St, W on 24th, complex is on right A1A to Crescent Bch, W on Crescent bch, complex is on left

Construction Materials

Block
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Current Use

Multi-Family
Yes

Flooring

Tile
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Possession

Close Of Escrow
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Utilities

Other
Yes

Showing Requirements

Key In Office
Yes
Showing Service
Yes

Ceiling Type

Drywall
Yes

Sale Includes

Building & Land
Yes
Business with Lease
Yes
Listing Office: Clear Realty, LLC.
Last Updated: May - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.
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