$4,300,000
$100K PRICE DROP

637 S Orlando Ave Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated payment $25,391/month

Total Views 3,585
16 Beds
16 Baths
8,177 Sq Ft
$526 Price per Sq Ft

Highlights

  • Beach View
  • Beach Access
  • Open Floorplan
  • Theodore Roosevelt Elementary School Rated 9+
  • 0.49 Acre Lot
  • Stone Countertops

About This Home

The Drift is a fully renovated boutique hotel located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, totaling 16 bedrooms and 15.5 bathrooms, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. 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 Juni” a 7 unit boutique motel a block away, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.

Listing Agent

AJ Pereira

MARGAUX REALTY INC Brokerage Phone: 407-965-8447 License #3305478 Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,078

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot
  • Fenced

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 8,177 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Luxury Vinyl Tile Flooring
  • Beach Views
  • Stone Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Balcony
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 26
  • Assessor Parcel Number 25 3714-51-26.A-4

Community Details

Overview

  • No Home Owners Association
  • 13 Units
  • 8,441 Sq Ft Building
  • Parsons Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,078

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Cement Siding, Stucco, Frame
  • Fireplace: Yes
  • Living Area: 8177
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 8441
  • Lot Size Sq Ft: 21344
  • Directions to Property: Head South from Ron Jon Surf Shop about 3.6 miles, property 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: 525.87
  • 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: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 16
  • Street Number Modifier: 637
  • Living Area Meters: 759.67

Exterior Features

  • Exterior Features: Outbuildings, Balcony, Fence, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: COCOA BEACH
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Beach
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Utilities: Natural Gas Available
  • Cooling: Central Air, Other
  • Heating: Central, Other
  • Laundry Features: Common Area, Laundry Room
  • 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 3714-51-26.A-4
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1983

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 13
  • Total Num Buildings: 4
  • Unit Count: 10

Tax Info

  • Tax Annual Amount: 24078.47
  • Tax Block: 26
  • Tax Book Number: 11-67
  • Tax Lot: 4

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 $22,171 $1,453,650 -- --
2023 $22,171 $1,312,610 $427,500 $885,110
2022 $17,239 $1,331,060 $0 $0
2021 $13,969 $820,000 $303,750 $516,250
2020 $13,851 $820,000 $303,750 $516,250
2019 $13,230 $800,000 $303,750 $496,250
2018 $11,865 $660,000 $303,750 $356,250
2017 $12,130 $655,000 $0 $655,000
2016 $6,665 $500,000 $0 $0
2015 $5,203 $225,000 $225,000 $0
2014 $4,167 $195,000 $180,000 $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $4,300,000 -2.3% $526 / Sq Ft
07/16/2025 07/16/25 For Sale $4,400,000 -- $538 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,690,000 East Coast Title
Warranty Deed $1,690,000 East Coast Title
Special Warranty Deed $7,416,000 East Coast Title
Special Warranty Deed $7,416,000 East Coast Title
Special Warranty Deed $7,416,000 East Coast Title
Special Warranty Deed $7,416,000 East Coast Title
Warranty Deed $785,000 East Coast Title
Warranty Deed $785,000 East Coast Title
Warranty Deed $375,000 Security First Title Partner
Warranty Deed $375,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Credit Line Revolving
Previous Owner $5,400,000 Seller Take Back
Source: Public Records

Source: Stellar MLS

MLS Number: O6327687

Stellar MLS

APN: 25-37-14-51-00026.A-0004.00

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

637 S Orlando Ave, Cocoa Beach, FL

This home is located at 637 S Orlando Ave, Cocoa Beach, FL 32931 and is currently priced at $4,300,000, approximately $525 per square foot. This property was built in 1956. 637 S Orlando Ave is a home located in Brevard County with nearby schools including Theodore Roosevelt Elementary School, Cocoa Beach Junior/Senior High School, and Cocoa Beach Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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AJ Pereira
Listing Agent
AJ Pereira
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MARGAUX REALTY INC
(321) 517-4036