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402 S ORLANDO AVENUE, COCOA BEACH, FL 32931
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$1,870,000
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Home Details for 402 S ORLANDO AVENUE
Price
$1,870,000
Type
Commercial/Industrial
Year Build
1961
Sq. Ft.
3156
Lot Size
0.26
County
Brevard
Tax
$16,627.16
MLS®️ Listing#
O6317171
On exitrealty.com
151 days
Property Description
Listed $150,000 below appraised value. 9.17% cap rate, financials available. Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. 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. 637 S Orlando Ave Cocoa Beach, FL.
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- Waterfront and Water Access
- Beach Access
- Cooling Information
- Ductless
- Water Features
- Public
Listing Courtesy: MARGAUX REALTY INC - 407-965-8447
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-11-10 11:31:36
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$1,870,000
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EXIT REAL ESTATE PROPERTY SOLUTIONS
602 Indian River Blvd Suite 6, Edgewater, FL 32132