$2,200,000

686 S Atlantic Ave Unit 1-8 Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated payment $13,385/month

Total Views 177
16 Beds
8 Baths
5,976 Sq Ft
$368 Price per Sq Ft

Highlights

  • In Ground Pool
  • Corner Lot
  • No HOA
  • Theodore Roosevelt Elementary School Rated 9+
  • Pool View
  • Balcony

About This Home

Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality!Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside

Listing Agent

Rebecca Sparks

C. Apollo Realty Inc License #611940

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,260

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x100
  • Property fronts a state road
  • Southeast Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Block Wall Fence
  • Corner Lot

Home Design

  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 5,976 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate
  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 13 Open Parking Spaces
  • 13 Parking Spaces
  • Parking Lot
  • Unassigned Parking

Pool

  • In Ground Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Sweep

Outdoor Features

  • Balcony
  • Courtyard
  • Separate Outdoor Workshop
  • Shed

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Workshop
  • 100 Amp Service
  • Separate Water Meter
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-37-14-Dd-00026.0-0011.00
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,260

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Barbecue, Laundry, Pool
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • Financial Info Electric: 100 Amp Service, 220 Volts in Workshop
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Laundry Features Common Area2: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Terrazzo, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Instant Hot Water, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Stories: 2
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Instant Hot Water: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Outdoor Shower
  • Pool Features: In Ground, Pool Sweep, Salt Water
  • Roof: Other
  • Fencing: Back Yard, Block, Privacy, Wood
  • Acres: 0.34
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: Southeast
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Unassigned
  • Total Parking Spaces: 13.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 13.0
  • General Property Information:Open Parking Spaces2: 13.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:Unassigned: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Water Meters
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Current Use: Commercial, Multi-Family, Other
  • Lot Dimensions: 150X100
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517935
  • Parcel #: 25-37-14-Dd-00026.0-0011.00
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable
  • Tenant Pays: Other
  • Owner Pays: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14260.0

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

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

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $2,200,000 -- $368 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1046277

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

686 S Atlantic Ave Unit 1-8, Cocoa Beach, FL

Homes for Sale in Cocoa Beach, FL

This home is located at 686 S Atlantic Ave Unit 1-8, Cocoa Beach, FL 32931 and is currently priced at $2,200,000, approximately $368 per square foot. This property was built in 1962. 686 S Atlantic Ave Unit 1-8 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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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Rebecca Sparks
Listing Agent
Rebecca Sparks
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C. Apollo Realty Inc
(321) 481-2972