$1,995,000
$105K PRICE DROP

Estimated payment $12,015/month

Total Views 5,827
8 Beds
7 Baths
3,156 Sq Ft
$632 Price per Sq Ft

Highlights

  • Beach Access
  • Above Ground Pool
  • Stone Countertops
  • Theodore Roosevelt Elementary School Rated 9+
  • Open Floorplan
  • No HOA

About This Home

8.6% cap rate, financials available. Listed below appraised value. The Juni is a fully renovated & fully furnished boutique short term rental complex located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it’s the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified. Portfolio available: “The Drift” a 13 unit boutique hotel a block away, listed at a 8% cap rate. 637 S Orlando Ave Cocoa Beach, FL.

Listing Agent

AJ Pereira

MARGAUX REALTY INC Brokerage Phone: 407-965-8447 License #3305478 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,627

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x150
  • Landscaped

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,156 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • French Doors
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows

Outdoor Features

  • Above Ground Pool
  • Beach Access
  • Courtyard

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 3,292 Sq Ft Building
  • Cocoa Beach Blks 37 & 28A Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 37
  • Assessor Parcel Number 25 3715-DF-37-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,627

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3156
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 3292
  • Lot Size Sq Ft: 11326
  • Directions to Property: From the 528, continue S on to Astronaut Blvd, which turns into N Atlantic Ave, continue south until N Atlantic Ave turns in S Orlando Ave, turn right onto 4th St. Propery will be on your left.
  • Status: Active
  • Street Direction: S
  • Ownership: Fee Simple
  • Escrow City: St Petersburg
  • Escrow Postal Code: 33707
  • Escrow State: FL
  • Escrow Street Name: Central Ave STE A
  • Escrow Street Number: 5858
  • List Office Head Office Key Nume: 1042229
  • RATIO Current Price By Calculate: 632.13
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 407-965-8447
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Window Features: Storm Window(s)
  • Street Number Modifier: 402
  • Living Area Meters: 293.20

Exterior Features

  • Pool Features: Above Ground
  • Exterior Features: Courtyard, French Doors, Hurricane Shutters
  • Roof: Shingle
  • Pool Private: Yes
  • Water Body Name: COCOA BEACH
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Additional Water Information: 500' walk to direct beach access.

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Ductless
  • Heating: Electric
  • Laundry Features: Inside, Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM1
  • Parcel Number: 25 3715-DF-37-1
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Paved
  • Lot Dimensions: 76x150
  • Flood Zone Code: X
  • Lot Size Square Meters: 1052

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 7
  • Total Num Buildings: 1
  • Unit Count: 7

Tax Info

  • Tax Annual Amount: 16627.16
  • Tax Block: 37
  • Tax Book Number: 10-72
  • Tax Lot: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $10,458 $1,011,600 -- --
2023 $10,458 $978,480 $0 $0
2022 $6,349 $437,400 $0 $0
2021 $5,549 $325,240 $190,000 $135,240
2020 $5,106 $295,670 $145,000 $150,670
2019 $4,757 $268,790 $145,000 $123,790
2018 $4,455 $250,000 $0 $250,000
2017 $4,244 $235,000 $0 $235,000
2016 $3,934 $210,000 $0 $0
2015 $3,608 $183,000 $100,000 $83,000
2014 $3,320 $166,370 $80,000 $86,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $1,995,000 -2.7% $632 / Sq Ft
08/25/2025 08/25/25 Price Changed $2,050,000 -2.4% $650 / Sq Ft
06/16/2025 06/16/25 For Sale $2,100,000 +75.0% $665 / Sq Ft
04/20/2023 04/20/23 Sold $1,200,000 -4.0% $380 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,250,000 0.0% $396 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $1,250,000 -3.8% $396 / Sq Ft
12/16/2022 12/16/22 Price Changed $1,299,999 -3.7% $412 / Sq Ft
10/18/2022 10/18/22 For Sale $1,350,000 0.0% $428 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $1,350,000 0.0% $428 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
07/31/2022 07/31/22 Price Changed $1,350,000 -9.7% $428 / Sq Ft
06/10/2022 06/10/22 For Sale $1,495,000 0.0% $474 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,495,000 -- $474 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Clear Choice Title
Warranty Deed -- Attorney
Warranty Deed $535,000 Fidelity Natl Title Ins Co
Warranty Deed $273,000 Superior Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Credit Line Revolving
Closed $500,000 Credit Line Revolving
Closed $1,090,000 Balloon
Previous Owner $568,750 Commercial
Previous Owner $320,000 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: O6318947

Stellar MLS

APN: 25-37-15-DF-00037.0-0001.00