1-9 S Atlantic Avenue # 1-9 10-18 Minutemen Cocoa Beach, FL $ 6,600,000
1-9 S Atlantic Avenue # 1-9 10-18 Minutemen
$ 6,600,000
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1-9 S Atlantic Avenue # 1-9 10-18 Minutemen

Cocoa Beach, FL, 32931
$ 6,600,000
Baths9.0 Sq 8,500

Monthly Estimate*

$ 46,103

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View a Virtual Tour
Studio

Commercial Property for sale in Cocoa Beach, FL

for $6,600,000 with 9 full baths. This 8,500 square foot building was built in 2023 on a lot size of 0.25.

Commercial building with more than 8500 sq ft steps from the ocean. In addition to this prime location, there is the ability to add a second story to add an additional 6000 sq ft of usable space. This would allow for an owner/operator to have a 10000 ft bar with unparalleled location and unparalleled views, unobstructed from the intracoastal to the ocean. Take advantage of the new revitalized downtown Cocoa Beach. This would be a sale leaseback on the existing bar with a guaranteed $340,000 NOI. Possible owner financing with a qualified buyer. Building is in excellent condition with seven figures in leasehold improvements completed in2023.

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Commercial Active

Price

$ 6,600,000

Bedrooms

Studio

Full Bath

9

Property Type

Commercial

Taxes

$ 26,703

Style

Mixed Use

Lot Size

0.25

Year Built

2023

Town/City

Cocoa Beach

County/Region

Brevard

MLS | Web ID

1006104

Features
General
Sewer Public Sewer
Cooling Central Air Multi Units
Utilities Cable Available Electricity Connected Sewer Connected Water Connected Separate Electric Meters
Possession Close Of Escrow
Roof Membrane Shingle
Security Features Security Lights
Construction Materials Block
Year Built 2023
Tenant Pays All Utilities
Unit Number 1-9 10-18 Minutemen
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial Mixed Use Retail
Accessibility Accessible Bedroom Accessible Common Area Accessible Entrance
Additional Parcels Description 8 10 12 14 18 Minutemen Causeway and 1 3 7 8 9 S. Atlantic Ave
County Brevard
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Cocoa Beach
Building Features Storage Kitchen Facilities Lounge Private Restroom Public Restroom Restaurant Separate Office Area Showroom
Status Active
Directions South East Corner of S. Atlantic Ave and Minutemen Causeway.
City Cocoa Beach
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area 272 - Cocoa Beach
Lot Size Square Feet 10890.0
Waterfront Y/N N
Street Name Atlantic
Land Lease Y/N N
Tax Annual Amount 26703.8
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 272 - Cocoa Beach
Additional Parcels Y/N Y
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1006104
Lease Type NNN
Standard Status Active
Legal Description COCOA BEACH W 110 FT OF LOTS 1 2 RESUBD BLK 1
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Interior
Flooring Concrete Terrazzo Tile Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 9
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Exterior
Parking Features On Street Varies by Unit Other
Lot Features Corner Lot
Water Source Public
Inclusions {u'Building Only': True u'Business with Real Estate': True u'Business with Lease': True}
Lot Size Area 0.25
Spa N
Lot Size Acres 0.25
Lot Size Units Acres
Road Frontage Type State Road
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 19
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* Excluded Features
List By
Coldwell Banker Realty

Broker

callnickjr@gmail.com

Email

Affordability Calculator

$48,328
Per Month
95%
5%
0%
Monthly Principal & Interest
$46,103
Monthly Property Taxes
$2,225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$6,600,000 -5.70% Price Down
2/27/2024$6,999,000 Listed Price

Map


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1-9 S Atlantic Avenue # 1-9 10-18 Minutemen, Cocoa Beach, FL, 32931 is a Commercial Property for sale at $6,600,000 with 8,500 sqft and a lot size of 0.25. 1-9 S Atlantic Avenue # 1-9 10-18 Minutemen is a studio with 9.0 baths and was built in 2023. The property's zip code is 32931 which is in Cocoa Beach, FL