Jennifer Saint
Property Description
Listed $855,000 below appraised value. 9.93% cap rate. Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. Listed below appraised value. The Drift is a fully renovated boutique short term rental complex 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.. 402 S Orlando Ave Cocoa Beach FL.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: MARGAUX REALTY INC
Agency Contact: 407-965-8447
Shown By
Agent Name: Jennifer Saint
Agent Phone: (904) 477-0891
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 24,507.30 per month $21,217.47 Principal & Interest $2,006.50 Property Tax $1,283.33 Homeowner's InsuranceChange Payment Information
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637 S Orlando Avenue | MLS# O6327687
This multi-family property located at 637 S Orlando Avenue, Cocoa Beach, FL 32931 is currently listed for sale with an asking price of $4,400,000. Search Cocoa Beach real estate on jsaint.watsonrealtycorp.com today.