3524 S Atlantic Avenue, Cocoa Beach, FL 32931 (MLS# 1035856)

3524 S Atlantic Avenue, Cocoa Beach, FL 32931

$2,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1035856

Property Type: Commercial Sale Baths: 8 Square Footage: 4,228 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $2,400,000 List Date: 1/30/2025 Last Modified: 6/09/2026

Overview

Description

RARE FIND High return Airbnb RIVERFRONT Property. Multifamily, 2 concrete-block buildings, 1 carport and parking lots for 9 cars total. The main house has 5 bedrooms, 4 bathrooms, gas heated pool and spa, 2020 roof. The riverfront quadplex has 4 units with 2 bedrooms and 1 bath each. Separate electrical and water meters for each unit. Updated kitchens, bathrooms, floorings, PVC plumbing, etc. Fishing right off your dock, have sunrise and sunset view all for yourself. Next door neighbor is Villa Verde Condominium with million-dollar condos. Beach access across the street, 6 min-drive to Cocoa Beach downtown with restaurants, shopping, activities, 20 min to cruise ports, about 1hr to Orlando attractions. Own this piece of paradise and start collecting money from your investment now! Call for private showing.

Listing Details MLS# 1035856

General Property Information

Number Of Units Total: 5
Bathrooms Total: 8
Building Area Total: 4228
Building Area Source: Public Records
Accessibility Features YN: No
Year Built: 1959
Lot Size Acres: 0.34
Land Lease YN: No
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Banana River
Senior Community YN: No
List Price/SqFt: 591.06
Sold Price/SqFt: 567.64

Property Features

Building Features: Fenced; Laundry; Pool Ceiling Type: Drywall Construction Materials: Block; Concrete; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Current Use: Hotel/Motel Fencing: Block; Full; Wood Flooring: Tile; Vinyl Listing Terms: Cash; Conventional; Other Location: Beach Area Lot Features: Few Trees Operating Expense Includes: Cable TV; Insurance; Maintenance; Maintenance Grounds; Manager; Parking; Pest Control; Pool/Spa; Professional Management; Trash; Water/Sewer Owner Pays: All Utilities; Cable TV; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Janitorial Service; Management; Other Tax; Pest Control; Pool Maintenance; Repairs; Roof Maintenance; Security; Sewer; Taxes; Trash Collection; Water Parking Features: Additional Parking; Assigned; Attached Carport; Guest; Shared Driveway Possession: Close Of Escrow Water Body Access Type: Navigable; Owned Road Frontage Type: City Street Roof: Membrane; Shingle Sale Includes: Building & Land; Furniture, Fixtures and Equipment Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Special Listing Conditions: Standard Tenant Pays: Janitorial Service Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected Water Source: Public Waterfront Features: River Front

Contract Information

Original List Price: 2599000
Listing Contract Date: 2024-11-04
Property Sub Type: Multi Family
Comp Sale YN: No

Location Tax and Legal

Street Number: 3524
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: Orlando Beach

Remarks and Miscellaneous

Public Remarks: RARE FIND High return Airbnb RIVERFRONT Property. Multifamily, 2 concrete-block buildings, 1 carport and parking lots for 9 cars total. The main house has 5 bedrooms, 4 bathrooms, gas heated pool and spa, 2020 roof. The riverfront quadplex has 4 units with 2 bedrooms and 1 bath each. Separate electrical and water meters for each unit. Updated kitchens, bathrooms, floorings, PVC plumbing, etc. Fishing right off your dock, have sunrise and sunset view all for yourself. Next door neighbor is Villa Verde Condominium with million-dollar condos. Beach access across the street, 6 min-drive to Cocoa Beach downtown with restaurants, shopping, activities, 20 min to cruise ports, about 1hr to Orlando attractions. Own this piece of paradise and start collecting money from your investment now! Call for private showing.

Status Change Information

Major Change Timestamp: 2025-11-24T09:19:54Z
Major Change Type: Status Change
Price Change Timestamp: 2025-05-09T20:29:56Z
Status Change Timestamp: 2025-11-24
Purchase Contract Date: 2025-10-15
Close Date: 2025-11-19
Close Price: 2400000

More Information

Income and Expenses

Gross Income: 326648
Operating Expense: 48997.2
Source of Expenses - Owner: 68,787.16

Unit 1 Details

Unit ID: main house
Annual Rent: 125000
Unit SqFt: 1404
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: main house

Unit 2 Details

Unit ID: 15
Annual Rent: 50000
Unit SqFt: 706
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: quadplex

Unit 3 Details

Unit ID: 16
Annual Rent: 50000
Unit SqFt: 706
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: quadplex

Unit 4 Details

Unit ID: 17
Annual Rent: 50000
Unit SqFt: 706
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: quadplex

Unit 5 Details

Unit ID: 17
Annual Rent: 50000
Unit SqFt: 706
# Units (This Type): Yes
Furnished: Furnished
Unit Remarks: quadplex

Location, Tax, and Legal

Tax Account: 2520992
Parcel Number: 25-37-35-25-00003.0-0006.00
General County Location: Central
Tax Annual Amount: 17105
Tax Year: 2024
Tax Legal Description: ORLANDO BEACH LOT 6 BLK 3
Additional Parcels YN: No
Directions: From Satellite Beach, HWY A1A North B, right pass Patrick Space Force, house on Left, before Villa Verde Condominium.

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Current Use

Hotel/Motel: Yes

Fencing

Block: Yes
Full: Yes
Wood: Yes

Flooring

Tile: Yes
Vinyl: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Lot Features

Few Trees: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes
Attached Carport: Yes
Guest: Yes
Shared Driveway: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Navigable: Yes
Owned: Yes

Owner Pays

All Utilities: Yes
Cable TV: Yes
Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Grounds Care: Yes
Hot Water: Yes
HVAC Maintenance: Yes
Insurance: Yes
Janitorial Service: Yes
Management: Yes
Other Tax: Yes
Pest Control: Yes
Pool Maintenance: Yes
Repairs: Yes
Roof Maintenance: Yes
Security: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage Type

City Street: Yes

Roof

Membrane: Yes
Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Tenant Pays

Janitorial Service: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Separate Electric Meters: Yes
Separate Water Meters: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Waterfront Features

River Front: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Building Features

Fenced: Yes
Laundry: Yes
Pool: Yes

Ceiling Type

Drywall: Yes

Location

Beach Area: Yes

Operating Expense Includes

Cable TV: Yes
Insurance: Yes
Maintenance: Yes
Maintenance Grounds: Yes
Manager: Yes
Parking: Yes
Pest Control: Yes
Pool/Spa: Yes
Professional Management: Yes
Trash: Yes
Utilities: Yes
Water/Sewer: Yes

Showing Considerations

Occupied: Yes

Sale Includes

Building & Land: Yes
Furniture, Fixtures and Equipment: Yes

Listing Office: Blue Marlin Real Estate

Last Updated: June - 09 - 2026

Information is deemed to be reliable, but is not guaranteed.