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3550 S Atlantic Avenue , Unit 1-12, Cocoa Beach, FL 32931

$3,950,000

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Property Description

ONCE IN A LIFETIME OPPORTUNITY! OWN 6 Duplexes (12 units all 2/1) situated on large .7 acre lot on BANANA RIVER and 3 min walk to beach! Huge income right now with 6 long term tenants and 6 very successful vacation rentals. There is great opportunity to increase your yearly income tremendously by converting more units to vacation rentals. So many upgrades have been done: roofs, PVC drains, new TREX-dock, all roofs appx 7 to 9 years old, appliances, electrical, a/c all within 6 years, new asphalt main entrance/street and more! Very little deferred expenses! DO NOT WALK PROPERTY WITHOUT LIST AGENT! ONE OF A KIND! This RIVERFRONT COMMUNITY IS A PARADISE! 2 BOAT SLIP ALLOWED. NO DRIVE BY CALL AGENT. PLEASE DO NOT DRIVE BY WITHOUT LIST AGENT APPROVAL..

3550 S Atlantic Avenue , Unit 1-12 | MLS# 1083552

This multi-family property located at 3550 S Atlantic Avenue , Unit 1-12, Cocoa Beach, FL 32931 is currently listed for sale with an asking price of $3,950,000. Search Cocoa Beach real estate on www.myhouseofwindsor.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.70 Acres
Roof Type: Metal, Shingle
Year Built: 1956
Square Feet: 8,656

Feature Descriptions

Common Amenities: Boat Dock, Boat Slip
Equipment/ Appliances Features: Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
Exterior: Block, Concrete, Stucco
Flooring: Tile
Parking Notes: Assigned, Guest, On Street
Road Surface: Asphalt
Security/ Safety Features: Closed Circuit Camera(s)
Sewer: Public Sewer
Special View Info: River
Utility Features: Water Available
Water: Public
Waterfront: River Front

Local Schools

High School: Cocoa Beach
Middle School: Cocoa Beach
Elementary School: Roosevelt

Listed By / Shown By

Listed By

Agency Name: RE/MAX Alternative Realty
Agency Phone: 321-777-4111

Shown By

Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 21,063.13 per month $19,911.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,152.08 Homeowner's Insurance

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