686 S Atlantic Avenue, Cocoa Beach, FL 32931

$1,599,900
16
BD
8
BA
5,976
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,599,900
List Price
$1,599,900
Closing Date
Oct 01, 2025
MLS#
1046277
Type
Multifamily
Bedrooms
16
Bathrooms
8
Living Area
5,976
Lot Size
14,810
Year Built
1962

Property Description

Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside

Additional Information

Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Instant Hot Water, Refrigerator, Tankless Water Heater, Washer
Exterior Construction
Block, Stucco
Roof
Other
High School
Cocoa Beach
Middle School
Cocoa Beach
Elementary School
Roosevelt
Utilities
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Water Meters
Floor
Carpet, Laminate, Terrazzo, Vinyl
Heating
Central
Cooling
Central Air
Pool
Yes

Listing courtesy of C. Apollo Realty Inc. Selling Office: Pinnacle Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks