Cocoa Beach, FL 32931,3499 S ATLANTIC AVE
Cocoa Beach, FL 32931,3499 S ATLANTIC AVE
Cocoa Beach, FL 32931,3499 S ATLANTIC AVE
28
$4,800,000
$5,800,000
17.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9,350 SqFt

3499 S ATLANTIC AVE Cocoa Beach, FL 32931

Est. payment /mo
SOLD DATE : 10/25/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $4,800,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $513

Subdivision Orlando Beach

MLS Listing ID O6037080

Sold Date 10/25/22

Construction Status Other Contract Contingencies

HOA Y/N No

Originating Board Stellar MLS

Year Built 1956

Annual Tax Amount $11,201

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 51x260

Property Description

Dreams Do Come True! Welcome to Anthony’s on the Beach Motel. One of the only Beach Front Motels you’ll find for sale that has been in business since the 1950’s. Property was rebuilt in 1985 with block construction and consists of 20 Units including Manager’s Room with full kitchen. The property has been fully remodeled recently. There are 3 Studio Single Bed units , 8 Double bed studios, 2 Beachfront singles, Four 2 bedroom Suites with full kitchens upstairs and one of which is a mega beachfront penthouse style with living room and one single studio with full kitchen. With a total of 9350 sqft of Living space and sitting on a 14,810 lot which includes beach property. Zoned RU230. Builders welcome. Collect income while planning to rebuild completely new. This is a profitable motel currently in business with strong financials. Located in Cocoa Beach. Watch the rockets take off right from the terrace or future luxury condo while sipping champagne and listening to the waves crash. Location Location Location.

Location

State FL

County Brevard

Community Orlando Beach

Zoning RU230

Interior

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Parking Spaces - 13 to 18

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

Waterfront Description Beach - Private, Gulf/Ocean

View Y/N 1

Water Access 1

Water Access Desc Beach - Private,Gulf/Ocean

Roof Type Built-Up

Building

Lot Description Flood Insurance Required, FloodZone, Paved, Waterfront

Story 2

Foundation Slab

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

Sewer Public Sewer

Water Public

Structure Type Block, Stucco, Wood Frame

New Construction false

Construction Status Other Contract Contingencies

Others

Ownership Sole Proprietor

Special Listing Condition None

Read Less


Stellar MLS
Listed by INVESTOR'S REAL ESTATE LLC
Bought with INVESTOR'S REAL ESTATE LLC

GET MORE INFORMATION

Matthew Nagy

Agent | License ID: SL3500443

+1(814) 931-1477

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.