Log In/Sign Up
Your email has been sent.
First & Best Properties Condos 41 N Orlando Ave 3,341 SF Vacant Office Building Cocoa Beach, FL 32931 $975,000 ($291.83/SF) 5.93% Cap Rate
Investment Highlights
- High visibility areas with very heavy local and tourist foot traffic, located directly in downtown district
- Versatile space for multiple uses
- Residential spaces attached for long term and/or Airbnb rental income, walking distance to the beach, restaurants, shopping, and entertainment
Executive Summary
An exceptional opportunity to own a prime commercial property in the heart of Cocoa Beach. Ideally located along a high-traffic corridor, this property offers excellent visibility, strong demographics, and flexible potential for a variety of business uses.
Surrounded by thriving local businesses, popular destinations, and just minutes from the beach, this property is positioned for long-term growth and outstanding investment returns.
Fully remodeled, mixed use property. The first floor commercial space is currently set up as a hair salon, with a separate bathroom and washer/dryer with storage space. In the rear, the first floor studio has a private entrance, full kitchen and bathroom. Second floor unit is a 3 bedroom 2 bathroom with 2 generous balconies. Airbnb and short term rentals allowed.
Surrounded by thriving local businesses, popular destinations, and just minutes from the beach, this property is positioned for long-term growth and outstanding investment returns.
Fully remodeled, mixed use property. The first floor commercial space is currently set up as a hair salon, with a separate bathroom and washer/dryer with storage space. In the rear, the first floor studio has a private entrance, full kitchen and bathroom. Second floor unit is a 3 bedroom 2 bathroom with 2 generous balconies. Airbnb and short term rentals allowed.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,341 SF
Building Class
B
Year Built/Renovated
1958/2026
Price
$975,000
Price Per SF
$291.83
Cap Rate
5.93%
NOI
$57,839
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,337 SF
Building FAR
0.23
Lot Size
0.33 AC
Zoning
BU-1 - Multi-Use Commercial, Residential lease
Amenities
- Signage
- Balcony
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,170,220 | |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,170,220
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
1 of 51
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
First & Best Properties Condos | 41 N Orlando Ave