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3901 N Atlantic Avenue, Cocoa Beach, FL

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3901 N Atlantic Avenue

Cocoa Beach, FL 32931 - Brevard County Submarket

Property Type:Hospitality Number of Rooms:170 Status:Existing Year Built:1959
Stories:2 Building Size:94,000 SF Land Area:4.33 AC (188,615 SF)
For Sale Price:$18,499,000 Price/Room:$108,818 Cap Rate:-

Parking:1.34 Parking Spaces / 1,000 SF

Sale Notes:
Grosses $5,000,000 million, over 2 million in NOI - 170 +/- rooms, large conference rooms, snack bar , lounge/ bar and pool. 4.3 acres. An entire square block across the street from the beach. IN EXCEPTIONAL SHAPE!! 90 rooms have kitchens and a second bedroom . 40 rooms have a kitchen . Rooms are in impeccable condition. Great site Owner is ready to sell.

Across the street from the ocean. some rooms have great ocean views. Next door to world famous Ron Jon's Surf Shop- Qualified Buyers will sign Confidentiality Agreement before any financials are released

Seaport Realtors
Tim Thompson
(305) 240-3316

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