118 Atlantic Avenue

This property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.

Twenty percent down over thirty years at 6.5%. Insurance is not included.

Principal & interest

$3,792

Property tax

$252

Estimated monthly

$4,044

Listed by

Patricia Wojewoda

Brokerage

BETTER HOMES & GARDENS RE STAR

MLS number

MFR779694436

Listing information is deemed reliable but is not guaranteed.