701 S Orlando Ave Cocoa Beach, FL 32931
Cocoa Beach NeighborhoodEstimated payment $5,537/month
Highlights
- Water Access
- No HOA
- Guest Parking
- Theodore Roosevelt Elementary School Rated 9+
- Multiple cooling system units
- Central Heating and Cooling System
About This Home
AIRBNB GOLDMINE in Cocoa Beach - steps from the Ocean. 3 Updated Units + Expansion!'' Just 600 feet from the sandy shores of Cocoa Beach, this beautifully UPDATED TRIPLEX offers the perfect blend of income potential and coastal lifestyle. This property features three remodeled units - two spacious 2-BR Apartments (Units A & B) and one charming 1-BR (Unit C) each with its own washer/dryer (A-2024, B-2023, C-2023) and new waterproof wood laminate flooring (2024). The property includes ample parking, plus large, durable storage sheds behind each unit. Recent updates ensure peace of mind for investors: Roof new in 2022 by a local company with a 15-year warranty, A/C systems updated (B & C: 2022), A: older unit with service contract) Regular service contracts in place for continued maintenance. Also a large, air-conditioned, fully stocked shed & sits on an oversized lot w/extra land on the east side, offering plenty of room to expand. With the possibility of adding a second story.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,241
Year Built
- Built in 1956
Lot Details
- 6,970 Sq Ft Lot
- West Facing Home
Home Design
- Triplex
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,883 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Laundry in unit
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 8 Open Parking Spaces
- Guest Parking
- Additional Parking
- Parking Lot
- Unassigned Parking
Outdoor Features
- Water Access
Schools
- Roosevelt Elementary School
- Cocoa Beach Middle School
- Cocoa Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Hot Water Heating System
Community Details
- No Home Owners Association
- 3 Units
- Wehmeyers Add To Cocoa Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 25-37-14-50-00025.A-0001.00
- Seller Concessions Not Offered
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 | $9,241 | $568,800 | -- | -- |
| 2024 | $8,444 | $568,800 | -- | -- |
| 2023 | $8,444 | $504,000 | $190,000 | $314,000 |
| 2022 | $9,592 | $596,250 | $0 | $0 |
| 2021 | $5,931 | $353,230 | $190,000 | $163,230 |
| 2020 | $5,449 | $321,120 | $159,500 | $161,620 |
| 2019 | $5,069 | $291,920 | $145,000 | $146,920 |
| 2015 | $2,890 | $149,600 | $100,000 | $49,600 |
| 2014 | $2,660 | $136,000 | $80,000 | $56,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $899,000 | -5.3% | $477 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $949,000 | 0.0% | $504 / Sq Ft |
| 08/07/2025 08/07/25 | Off Market | $949,000 | -- | -- |
| 08/06/2025 08/06/25 | For Sale | $949,000 | +40.6% | $504 / Sq Ft |
| 11/19/2021 11/19/21 | Sold | $675,000 | -22.4% | $358 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $869,900 | -- | $462 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $360,000 | Attorney | |
| Interfamily Deed Transfer | $30,700 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $483,750 | Commercial | |
| Previous Owner | $260,000 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1053855
APN: 25-37-14-50-00025.A-0001.00
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