637 S Orlando Avenue, Cocoa Beach, FL 32931
About Property
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.
Essential Property Information
- Year Built: 1956
- Price: $4,400,000
- Property Type: Commercial
- Country: USA
- City: Cocoa Beach
- Bathrooms: 13.00
Additional Property Info
- Acres: 0.49 acres
- Listing ID: 1051839
- Listing Status: Active
- Number Bathrooms: 13.00
- Property Type: Commercial
- Real Estate Taxes: $22,170.50
- SqFt - Total: 8,177 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Wednesday, July 16th, 2025
- Street Direction: S
- Street Name: Orlando
- Street Number: 637
- Street Suffix: Avenue
- Subdivision: Parsons Add To Cocoa Beach
- Tax Year: 2023
- Total Building Area: 8177.00
- Total Units: 3
- Type: Hotel/Motel
- Virtual Tour: Click Here
- Waterfront: No
- Year Built: 1956
- Zip Code: 32931
Property Details
0.00 Square Feet
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0 Bedrooms
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13.00 Bath
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