2902 S Atlantic Avenue, Cocoa Beach, FL 32931
$975,000
Property Type:
Commercial Sale
Square Footage:
6,004
Lot Size (sq. ft.):
20,038
Status:
Closed
Current Price:
$975,000
List Date:
3/03/2016
Last Modified:
6/27/2026
Overview
Description
A HIDDEN TREASURE! This income producing property sets on .46 acres with over 100 ft Direct Banana River frontage. Two docks, boat lift and seawall. 14 Units total; 2 direct river, 1 partial view from balcony, the remaining 11 have no water view. Office, laundry and storage are all separate rooms/ areas. All so close to the Ocean! Currently operated as the Dolphin Inn, this is a turn key business. Potential for even more income!! All units nicely done, 13 or the 14 have remodeled bathrooms. Guest can enjoy BBQ grills, fishing & Kayaking. 2 Covered decks to enjoy the beautiful sunsets, dolphins and manatees. Many possibilities for this property Long term/ short term rentals or re development potential. Close to restaurants and PAFB. More details available upon request.
Listing Details MLS# 748198
General Property Information
- Number Of Units Total
- 14
- Stories Total
- 2
- Building Area Total
- 6004
- Year Built
- 1956
- Lot Size Acres
- 0.46
- Property Use
- C-GARDEN APARTMENTS - 1 STORY - 10 TO 49 UNITS (0351)
- Association YN
- No
- Waterfront YN
- Yes
- Water Body Name
- Banana River
- List Price/SqFt
- 199.87
- Sold Price/SqFt
- 162.39
- Water Body Access YN
- No
- Use Code
- 03 / MULTI-FAMILY 10 OR MORE
Property Features
Building Features:
Laundry; Separate Office Area
Cooling:
Wall/Window Unit(s)
Current Use:
Commercial
Flooring:
Tile
Heating:
Other
Listing Terms:
Cash; Conventional
Location:
Beach Area; County
Possession:
Close Of Escrow
Roof:
Composition
Sale Includes:
Building & Land
Security Features:
Closed Circuit Camera(s); Smoke Detector(s)
Showing Requirements:
Appointment Only; Call Listing Agent
Special Listing Conditions:
County Jurisdiction
Water Source:
Public
Waterfront Features:
River Front
Contingency Reason:
Other
Contract Information
- OriginalListPrice
- 1300000
- Listing Contract Date
- 2015-11-30
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 2902
- 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
- None
Remarks and Miscellaneous
- Public Remarks
- A HIDDEN TREASURE! This income producing property sets on .46 acres with over 100 ft Direct Banana River frontage. Two docks, boat lift and seawall. 14 Units total; 2 direct river, 1 partial view from balcony, the remaining 11 have no water view. Office, laundry and storage are all separate rooms/ areas. All so close to the Ocean! Currently operated as the Dolphin Inn, this is a turn key business. Potential for even more income!! All units nicely done, 13 or the 14 have remodeled bathrooms. Guest can enjoy BBQ grills, fishing & Kayaking. 2 Covered decks to enjoy the beautiful sunsets, dolphins and manatees. Many possibilities for this property Long term/ short term rentals or re development potential. Close to restaurants and PAFB. More details available upon request.
Status Change Information
- Major Change Timestamp
- 2023-11-11T09:27:37Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2016-04-24T23:19:19Z
- StatusChangeDate
- 2016-07-05
- Contingency
- Active Under Contract
- Purchase Contract Date
- 2016-05-25
- Close Date
- 2016-07-01
- Close Price
- 975000
More Information
Building Features
- Clear Ceiling Height
- 6424
- Laundry
- Yes
- Separate Office Area
- Yes
- Storage
- Yes
Income and Expenses
- Gross Scheduled Income
- 191266
Location, Tax, and Legal
- Tax Account
- 2520409
- Parcel Number
- 25-37-26-50-0000g.0-0009.00
- General County Location
- South
- Tax Annual Amount
- 8818.56
- Tax Year
- 2015
- Tax Legal Description
- CRESCENT BEACH LOTS 9 TO 12 & CLOSED ST ON W BLK G
- Directions
- A1A South to just past 29TH Street. Across from Taco City.
Cooling
- Wall/Window Unit(s)
- Yes
Current Use
- Commercial
- Yes
Flooring
- Tile
- Yes
Heating
- Other
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
Security Features
- Closed Circuit Camera(s)
- Yes
- Smoke Detector(s)
- Yes
Special Listing Conditions
- County Jurisdiction
- Yes
Water Source
- Public
- Yes
Waterfront Features
- River Front
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Location
- Beach Area
- Yes
- City
- Yes
- County
- Yes
Sale Includes
- Building & Land
- Yes
Contingency Reason
- Other
- Yes
Listing Office:
Dur-Rich Realty Inc
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.