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Investment Highlights

  • Central Location
  • High Traffic
  • Beautifully Renovated

Executive Summary

Especially designed as a boutique real estate office, this professionally built-out space offers a distinctive blend of sophistication, comfort, & functionality. Every detail has been thoughtfully curated to create an inviting environment that enhances both client experience & team productivity. Warm architectural elements--such as tongue-and-groove ceilings, quartz countertops, & custom wood cabinetry--set a polished yet welcoming tone, while abundant natural light highlights the space's refined finishes. A stylish beverage bar, complete with a double-drawer refrigerator/freezer & convection oven, provides the perfect setting for client hospitality & meetings. Strategically positioned in a high-traffic, centrally located area of Cocoa Beach, this space benefits from exceptional visibility & accessibility. Situated within a busy condominium building, the property is surrounded by established businesses that naturally complement a real estate office creating consistent foot traffic and valuable referral potential. Designed with both presentation and performance in mind, the layout supports seamless day-to-day operations while offering an elevated backdrop for client interactions, closings, and team collaboration. This is more than just office space--it's a branded environment that reflects professionalism, trust, and attention to detail. An exceptional opportunity for a real estate professional or team seeking a turnkey, design-forward office in one of the area's most dynamic and desirable locations.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 106
  • 1,146 SF
  • Office
  • $399,900 ($348.95/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 24-37-26-CH-00000.0-0004.06
Description
Legal: BANANA RIVER ESTATES UNIT 106 5505 CENTER, A CONDO AS DESC IN ORB 5657 PG 1877 AND ALL AMENDMENTS THERETO
Sale Notes
5505 N Atlantic Ave offers a rare opportunity to acquire a multi-family asset in the highly trafficked Cocoa Beach corridor. Situated at the intersection of N. Atlantic Ave and Shepard Drive, between the 520 and 528 causeways, the property benefits from strong visibility and steady year-round activity driven by local residents and vacationers alike.

The building consists of approximately 13,883 square feet on a corner lot within the 5505 Center Condominium development and is adjacent to Cornerstone Plaza, anchored by Publix and other national retailers. Interior finishes include a combination of concrete, tile, and wood, reflecting the structure’s durable construction with block, concrete, and stucco materials. Historically utilized as mixed-use commercial and office suites, this asset provides a flexible platform for repositioning as investment property.

Connectivity is a strong advantage with Orlando International Airport approximately 45 minutes away, while the property is only steps from the Cocoa Beach Pier and Atlantic shoreline. Various amenities, dining, and retail conveniences lie within walking distance, enhancing both tenant appeal and long-term leasing prospects. Investors can explore strategies encompassing repositioning or maintaining a diversified tenant mix in one of Florida’s most recognized beachfront markets.
Unit Unit Size Condo Use Price NOI
Unit 106 1,146 SF Office $399,900 ($348.95/SF) -

Unit 106

Unit Size
1,146 SF
Condo Use
Office
Price
$399,900 ($348.95/SF)
NOI
-

Unit 106

Unit Size 1,146 SF
Condo Use Office
Price $399,900 ($348.95/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 24-37-26-CH-00000.0-0004.06
Description
Legal: BANANA RIVER ESTATES UNIT 106 5505 CENTER, A CONDO AS DESC IN ORB 5657 PG 1877 AND ALL AMENDMENTS THERETO</li></ul>
Sale Notes
5505 N Atlantic Ave offers a rare opportunity to acquire a multi-family asset in the highly trafficked Cocoa Beach corridor. Situated at the intersection of N. Atlantic Ave and Shepard Drive, between the 520 and 528 causeways, the property benefits from strong visibility and steady year-round activity driven by local residents and vacationers alike.<br> <br> The building consists of approximately 13,883 square feet on a corner lot within the 5505 Center Condominium development and is adjacent to Cornerstone Plaza, anchored by Publix and other national retailers. Interior finishes include a combination of concrete, tile, and wood, reflecting the structure’s durable construction with block, concrete, and stucco materials. Historically utilized as mixed-use commercial and office suites, this asset provides a flexible platform for repositioning as investment property.<br> <br> Connectivity is a strong advantage with Orlando International Airport approximately 45 minutes away, while the property is only steps from the Cocoa Beach Pier and Atlantic shoreline. Various amenities, dining, and retail conveniences lie within walking distance, enhancing both tenant appeal and long-term leasing prospects. Investors can explore strategies encompassing repositioning or maintaining a diversified tenant mix in one of Florida’s most recognized beachfront markets.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 30,285 SF
Property Type Office (Condo)
Property Subtype Office/Residential
Building Class B
Floors 2
Typical Floor Size 15,142 SF
Year Built 1962
Lot Size 0.36 AC
Parking Ratio 7/1,000 SF
Zoning CN, County

Amenities

  • Bus Line
  • Signage
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Major Tenant Information

TENANT SF Occupied LEASE END DATE
Allstate Insurance Company - June 2012
  • Listing ID: 40329819

  • Date on Market: 4/29/2026

  • Last Updated:

  • Address: 5505 N Atlantic Ave, Cocoa Beach, FL 32931

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