637 S ORLANDO AVE, Cocoa Beach, FL 32931
637 S ORLANDO AVE, Cocoa Beach, FL 32931
637 S ORLANDO AVE, Cocoa Beach, FL 32931
637 S ORLANDO AVE, Cocoa Beach, FL 32931
637 S ORLANDO AVE, Cocoa Beach, FL 32931
637 S ORLANDO AVE, Cocoa Beach, FL 32931
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Angie Gooden

Angie Gooden

+1(843) 576-9551
$ 4,400,000
Est. payment | /mo

16 Beds

16 Baths

8,177 SqFt

Save
$ 4,400,000
Est. payment | /mo
Save

16 Beds

16 Baths

8,177 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 8,177 sqft

Price per Sqft $538

Subdivision Parsons Add

MLS Listing ID O6327687

Bedrooms 16

Construction Status Completed

HOA Y/N No

Year Built 1956

Annual Tax Amount $24,078

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Listed $855,000 below appraised value. 9.93% cap rate. 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 Drift is a fully renovated boutique short term rental complex located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. 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 Juni” a 7 unit boutique motel a block away.. 402 S Orlando Ave Cocoa Beach FL.

Location

State FL

County Brevard

Community Parsons Add

Area 32931 - Cocoa Beach

Zoning RM1

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments

Heating Central, Other

Cooling Central Air, Other

Flooring Luxury Vinyl

Fireplaces Type Wood Burning

Fireplace true

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Outbuildings, Balcony, Fence, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage

Parking Features Assigned

Utilities Available Natural Gas Available

View Y/N Yes

Water Access Yes

Water Access Desc Beach

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Cement Siding,Stucco,Frame

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Adolfo Pereira IV MARGAUX REALTY INC

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637 S ORLANDO AVE

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My daughter and I decided to move to Summerville, SC from Kansas last year. We flew out to SC for a few days to look around and at this time, I didn't have a realtor yet. By chance, we stopped at an open house and met Angie!!! She was so nice and easy to talk with, almost like we had known each other for years! The next month, we flew back out and Angie had the day lined up with showings. She was great on pointing out the positives/negatives of each house. She wanted us to feel comfortable about our new home. Angie was extremely helpful with our long distance move. She was always available to answer any questions. We definitely made the right decision on Angie being our realtor!!! DeeAnna

DeeAnna McClendon

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Angie Gooden

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+1(843) 576-9551 | agoodenrealtor@gmail.com

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