$1,795,000 for Sale
402 s orlando avenue , cocoa beach, FL 32931
| Beds 8 | Baths 7 | 3,156 Sqft | 0.26 Acres |
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Property Description
Listed $225,000 below appraised value. 9.56% 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, it’s 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.
Waterfront
General Information
Sale Price: $1,795,000
Price/SqFt: $569
Status: Active
MLS#: O6318947
City: cocoa beach
Post Office: cocoa beach
County: Brevard
Subdivision: cocoa beach blks 37 & 28a
Acres: 0.26
Lot Dimensions: 76 x 150
Bedrooms:8
Bathrooms:7
House Size: 3,156 sq.ft.
Acreage: 0.26 est.
Year Built: 1961
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Block
Exterior Misc: Courtyard, French Doors, Hurricane Shutters
Pool: Yes
Pool Description: Above Ground
Basement: No
Foundation : Slab
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Cooling: Mini-Split Unit(s)
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $16,627
Legal Description: COCOA BEACH PLAT OF BLKS 37 & 28A LOT 1 BLK 37
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Adolfo Pereira IV of MARGAUX REALTY INC, Phone: 407-965-8447
