1. Florida
  2. Cocoa Beach
  3. 637 S ORLANDO AVENUE
$4,300,000

637 S ORLANDO AVENUE, Cocoa Beach, FL 32931

  • 8,177 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $526/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
July 18, 2025 at 05:00AM
Listing Office:
MARGAUX REALTY INC : 407-965-8447
Listing Agent:
Adolfo Pereira IV : 407-968-8371
MLS ID:
O6328381
  • Flooring: Luxury Vinyl
  • A/C: Central AirOther
  • Heating: CentralOther

This listing courtesy of Adolfo Pereira IV, MARGAUX REALTY INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Freedom 7 Elementary School of International Studies

400 S 4th St, Cocoa Beach, FL, 32931

Grades KG-6

0.31 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

1.48 miles away

C

Cocoa Beach Junior/Senior High School

1500 Minutemen Cswy, Cocoa Beach, FL, 32931

Grades 7-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.