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Wade M. Berlin

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402 Orlando Avenue
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PRICED AT ONLY: $1,895,000

Address: 402 Orlando Avenue, Cocoa Beach, FL 32931

Description

Listed $125,000 below appraised value. 9.05% 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, its 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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  • MLS#: O6318947 ( ResidentialIncome )
  • Street Address: 402 Orlando Avenue
  • Viewed: 12
  • Price: $1,895,000
  • Price sqft: $576
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BeachAccess
  • Year Built: 1961
  • Bldg sqft: 3292
  • Bedrooms: 8
  • Total Baths: 7
  • Days On Market: 127
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, FrenchPatioDoors, StormSecurityShutters
  • Flooring: Laminate
  • Living Area: 3156.00
  • Roof: Shingle
Property Information
  • Property Condition: NewConstruction
Land Information
  • Lot Features: CityLot, Landscaped
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: AboveGround
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ductless, CeilingFans
  • Heating: Electric
  • Sewer: PublicSewer
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Country: US
  • Interior Features: CeilingFans, OpenFloorplan, StoneCounters
  • Legal Description: COCOA BEACH PLAT OF BLKS 37 & 28A LOT 1 BLK 37
  • Area Major: 32931 - Cocoa Beach
  • Occupant Type: Tenant
  • Parcel Number: 25 3715-DF-37-1
  • Possession: CloseOfEscrow
  • The Range: 0.00
  • Views: 12
  • Zoning Code: RM1
Similar Properties

Details for 402 Orlando Avenue, COCOA BEACH, FL 32931
$1,895,000.00 ($575.64 / sqft )

402 Orlando Avenue Virtual Tour Reduced More Like This

Listed $125,000 below appraised value. 9.05% cap rate, financials available. Owning a short term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus deprec

  1. Bedrooms: 8
  2. Baths: 7
  3. Approx. 3292 sqft
  1. MLSID: O6318947
  2. Provided by MARGAUX REALTY INC
  3. Contact Adolfo Pereira IV
  4. mfrmls
  5. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin