888 S Atlantic Avenue, Cocoa Beach, FL 32931

$1,700,000
Property Type: Commercial Sale Baths: 2 Square Footage: 5,972 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $1,700,000 List Date: 3/11/2026 Last Modified: 7/09/2026

Overview

Description

Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.

Listing Details MLS# 1071565

General Property Information

Number Of Units Total
8
Stories Total
2
Bathrooms Total
2
Building Area Total
5972
Year Built
1963
Lot Size Acres
0.48
Association YN
No
List Price/SqFt
309.78
Sold Price/SqFt
284.66

Property Features

Construction Materials: Block; Stucco Cooling: Central Air; Electric Current Use: Residential Existing Lease Type: Other Flooring: Tile; Vinyl Heating: Central Listing Terms: Cash; Conventional Lot Features: Corner Lot Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: Unassigned Sale Includes: Building & Land Sewer: Private Sewer Showing Requirements: 24 Hour Notice; Showing Service Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Gas; Hot Water Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Separate Electric Meters; Sewer Connected; Water Connected Water Source: Public

Contract Information

OriginalListPrice
1850000
Listing Contract Date
2026-03-11
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
888
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
Cleggmoor Subd

Remarks and Miscellaneous

Public Remarks
Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.

Status Change Information

Major Change Timestamp
2026-07-09T11:23:27Z
Major Change Type
Status Change
StatusChangeDate
2026-07-09
Purchase Contract Date
2026-06-16
Close Date
2026-07-09
Close Price
1700000

More Information

Income and Expenses

Gross Income
162000

Unit 1 Details

Unit ID
Yes
Annual Rent
20400
Unit SqFt
700
# Units (This Type)
Yes
Furnished
Unfurnished
Unit Remarks
Leased through 1/31/2027

Unit 2 Details

Unit ID
2
Annual Rent
19200
Unit SqFt
549
# Units (This Type)
2
Furnished
Unfurnished
Unit Remarks
Leased through 1/14/2027

Unit 3 Details

Unit ID
3
Annual Rent
20400
Unit SqFt
737
# Units (This Type)
3
Furnished
Unfurnished
Unit Remarks
Leased through 1/31/2027

Unit 4 Details

Unit ID
4
Annual Rent
21300
Unit SqFt
878
# Units (This Type)
4
Furnished
Unfurnished
Unit Remarks
Leased through 11/30/2026

Unit 5 Details

Unit ID
5
Annual Rent
20400
Unit SqFt
700
# Units (This Type)
5
Furnished
Unfurnished
Unit Remarks
Leased 3/15/2026

Unit 6 Details

Unit ID
6
Annual Rent
20400
Unit SqFt
703
# Units (This Type)
6
Furnished
Unfurnished
Unit Remarks
Leased through 10/5/2026

Unit 7 Details

Unit ID
7
Annual Rent
20400
Unit SqFt
703
# Units (This Type)
7
Furnished
Unfurnished
Unit Remarks
Leased 9/30/2027 & rent changes to 1725 on 10/1/26

Unit 8 Details

Unit ID
8
Annual Rent
20700
Unit SqFt
878
# Units (This Type)
8
Furnished
Unfurnished
Unit Remarks
Leased through 1/31/2027

Location, Tax, and Legal

Tax Account
2521825
Parcel Number
25-37-23-Dg-00024.0-0007.00
General County Location
Central
Tax Annual Amount
23781.3
Tax Year
2025
Tax Legal Description
CLEGGMOOR SUBD LOT 7 & 8 BLK 24
Directions
On corner of S. Atlantic & 9th Street South

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Residential
Yes

Flooring

Tile
Yes
Vinyl
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Unassigned
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Insurance
Yes
Pest Control
Yes
Repairs
Yes
Roof Maintenance
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Sewer

Private Sewer
Yes

Special Listing Conditions

Standard
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Hot Water
Yes

Utilities

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

Water Source

Public
Yes

Showing Requirements

24 Hour Notice
Yes
Showing Service
Yes

Existing Lease Type

Other
Yes

Sale Includes

Building & Land
Yes

Documents

Listing Office: Blue Marlin Real Estate
Last Updated: July - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.
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