118 N Atlantic Ave Cocoa Beach, FL 32931
Estimated payment $4,577/month
Highlights
- No HOA
- Theodore Roosevelt Elementary School Rated 9+
- Views
About This Lot
This property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,438
Lot Details
- 8,276 Sq Ft Lot
- Cleared Lot
Home Design
- Asphalt
Schools
- Roosevelt Elementary School
- Cocoa Beach Middle School
- Cocoa Beach High School
Additional Features
- Property Views
Community Details
- No Home Owners Association
- Cocoa Beach 2Nd Addn To Subdivision
Listing and Financial Details
- Assessor Parcel Number 25-37-11-Dc-00101.0-0003.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,438 | $190,000 | -- | -- |
| 2024 | $2,473 | $151,200 | -- | -- |
| 2023 | $2,473 | $151,200 | -- | -- |
| 2022 | $2,385 | $151,200 | $0 | $0 |
| 2021 | $1,712 | $105,000 | $105,000 | $0 |
| 2020 | $1,726 | $105,000 | $105,000 | $0 |
| 2019 | $1,762 | $105,000 | $105,000 | $0 |
| 2018 | $7,522 | $376,660 | $105,000 | $271,660 |
| 2017 | $7,694 | $375,000 | $0 | $375,000 |
| 2016 | $4,094 | $167,000 | $0 | $0 |
| 2015 | $3,837 | $152,000 | $75,600 | $76,400 |
| 2014 | $3,746 | $145,000 | $75,600 | $69,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $824,990 | -2.9% | -- | |
| 02/23/2026 02/23/26 | Price Changed | $849,999 | -5.6% | -- | |
| 01/28/2026 01/28/26 | For Sale | $899,999 | +3.1% | -- | |
| 07/08/2024 07/08/24 | Sold | $873,000 | -8.1% | -- | View Prior Sale |
| 06/05/2024 06/05/24 | Pending | -- | -- | -- | |
| 03/30/2024 03/30/24 | For Sale | $950,000 | +126.2% | -- | |
| 05/28/2021 05/28/21 | Sold | $420,000 | -1.2% | -- | View Prior Sale |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- | |
| 05/08/2021 05/08/21 | For Sale | $425,000 | 0.0% | -- | |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- | |
| 04/27/2021 04/27/21 | For Sale | $425,000 | 0.0% | -- | |
| 04/26/2021 04/26/21 | Price Changed | $425,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $87,285 | Superior Title | |
| Warranty Deed | $420,000 | International T&E Co Llc | |
| Warranty Deed | $450,000 | Attorney | |
| Warranty Deed | $165,000 | International Title & Escrow | |
| Warranty Deed | $370,000 | -- | |
| Quit Claim Deed | $370,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $727,105 | Commercial |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1072158
APN: 25-37-11-DC-00101.0-0003.00
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Information is deemed reliable but not guaranteed.
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