701 S Orlando Avenue, Cocoa Beach, FL 32931 (MLS# 1053855)

701 S Orlando Avenue, Cocoa Beach, FL 32931

$850,000

Property Type: Residential Income Bedrooms: 5 Baths: 3 Square Footage: 1,883 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $850,000 List Date: 8/11/2025 Last Modified: 6/09/2026

Overview

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.

Listing Details MLS# 1053855

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 3
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 1883
Living Area Source: Public Records
New Construction YN: No
Year Built: 1956
Garage YN: No
Carport YN: No
Open Parking Spaces: 8
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Association YN: No
Water Body Access YN: Yes
Waterfront YN: No
Furnished: Furnished
Stories Total: Yes
Stories: Yes
Entry Level: Yes
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 477.43
Sold Price/SqFt: 451.41
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric; Multi Units Current Use: Investment; Residential Flooring: Vinyl Heating: Central; Electric; Hot Water Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Parking Features: Additional Parking; Guest; Parking Lot; Unassigned Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Considerations: Occupied Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Original List Price: 949000
Listing Contract Date: 2025-08-06
Property Sub Type: Triplex
Comp Sale YN: No

Location Tax and Legal

Street Number: 701
Street Direction Prefix: S
Street Name: Orlando
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Wehmeyers Add To Cocoa Beach

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Major Change Timestamp: 2026-03-05T20:41:43Z
Major Change Type: Status Change
Price Change Timestamp: 2025-09-25T17:28:34Z
Status Change Timestamp: 2026-03-05
Purchase Contract Date: 2026-02-01
Close Date: 2026-03-04
Close Price: 850000

More Information

Closing Company Details

Closing Company Name: Ville Law rebecca@villelaw.com
Closing Company Address: 525 N US1 Melbourne, fl 321-242-4777

DPR Eligible

DPR Eligible: Yes

Unit 1 Details

Unit ID: A
Actual Rent: 3960
Unit SqFt: 627
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Unit A (2BR): $180/night × 22 nights = $3,960/mo

Unit 2 Details

Unit ID: B
Actual Rent: 3960
Unit SqFt: 627
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Unit B (2BR): $180/night × 22 nights = $3,960/mo

Unit 3 Details

Unit ID: C
Actual Rent: 3080
Unit SqFt: 627
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Unit C (1BR): $140/night × 22 nights = $3,080/mo

Location, Tax, and Legal

Tax Account: 2518040
Parcel Number: 25-37-14-50-00025.A-0001.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 9240.52
Tax Year: 2024
Directions: Atlantic Avenue to left on S. 6th St. to left onto Orlando Avenue

Appliances

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes

Current Use

Investment: Yes
Residential: Yes

Flooring

Vinyl: Yes

Heating

Central: Yes
Electric: Yes
Hot Water: Yes

Laundry Features

In Unit: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Additional Parking: Yes
Guest: Yes
Parking Lot: Yes
Unassigned: Yes

Possession

Close Of Escrow: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Showing Considerations

Occupied: Yes

Documents

Income - Current to Potential ›

Additional Information ›

Listing Office: Coldwell Banker Realty

Last Updated: June - 09 - 2026

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