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$3,545,000
16 Beds
16 Baths
8,177sqft
637 S Orlando Ave, Cocoa Beach, FL 32931
$3,545,000
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Multi Family
Built in 1956
$-- HOA
21,344 sqft lot
$434/sq.ft
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 offer...
Continue Reading- Houzeo last checked: 11 Minutes ago
- Listing updated: November 10, 2025 at 5:01 pm
- Listing Provided by: Adolfo Pereira IV (407) 968-8371 | MARGAUX REALTY INC (407) 965-8447
- Source: Stellar MLS-FL | MLS#: O6327687
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
8,177 sqft
Lot Size
21,344 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
O6327687
MLS Status
Active
Days on Market
142
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