118 N Atlantic Avenue, Cocoa Beach, FL 32931

$749,999

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List Price
$749,999
Price Change
▼ $50,000 1783547940
MLS#
1072158
Status
ACTIVE
Type
Land
County
Brevard
City
Cocoa Beach
Area
Cocoa Beach
Subdivision
Cocoa Beach 2nd Addn To
Total Square Feet
8,276
Acres
0.19
Days on Market
132

Property Description

This property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.

Additional Information

Tax Year
2022
Tax Amount
$2,438
Location Description
Cleared
Utilities
Electricity Available
Dwelling View
Other
Elementary School
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Better Homes & Gardens RE Star.