Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
8,177
The Drift is a fully renovated boutique hotel 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, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central, Other
Exterior
-
Garage
No
-
Construction Materials
Block, Cement Siding, Stucco, Frame
-
Pool
No
-
Waterfront YN
NO
-
View
Beach, Water
Area & Lot
-
Lot Size(acres)
0.49
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,400,000
-
Tax Amount
24078.47
-
Sq. Footage
8, 177
-
Price/SqFt
$538
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Sewer
Public Sewer
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Location
County
Brevard
Elementary School
Middle School
High School
Listing Courtesy of Adolfo Pereira IV , MARGAUX REALTY INC
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