$4,400,000 for Sale
637 s orlando avenue , cocoa beach, FL 32931
Beds 16 | Baths 16 | 8,177 Sqft | 0.49 Acres |
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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.
Waterfront
General Information
Sale Price: $4,400,000
Price/SqFt: $538
Status: Active
MLS#: O6327687
City: cocoa beach
Post Office: cocoa beach
County: Brevard
Subdivision: parsons add
Acres: 0.49
Bedrooms:16
Bathrooms:16
House Size: 8,177 sq.ft.
Acreage: 0.49 est.
Year Built: 1956
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block, Cement Siding, Stucco, Wood Frame
Exterior Misc: Outbuilding, Balcony, Fenced, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
Fireplaces: Yes
Fireplace Description: Wood Burning
Basement: No
Foundation : Slab
Cooling: Central Air, Other
Heating: Central, Other
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $24,078
Legal Description: PARSONS ADD TO COCOA BEACH LOTS 4,5,6 BLK 26 A

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