Turnkey Riverfront Vacation Rental Investment in Cocoa Beach 3590-3598 S. Atlantic Avenue, Cocoa Beach FL 32931 - Ready for immediate income generation.
Rare investment opportunity in the heart of Cocoa Beach. This fully renovated, 10-unit riverfront vacation rental property offers unparalleled access to both the Banana River and the Atlantic Ocean. Prime Location & Exceptional Features Include: 100 feet of private waterfront frontage, directly across the street from beach access, on-site amenities (private sandy beach, boat ramp, dock, kayak launch & spacious patio), ample parking, exposure to daily traffic count of 18k+ vehicles. Turnkey Investment Highlights include: Proven Short-Term Rental Income with strong demand. Appraised higher than ask price using direct capitalization. The area continues to experience rising property values and high tourist interest. While expansion is limited under current zoning(RU-2-15), the property remains grandfathered in for short term rentals. Alternative options include rezoning for higher density such as (RU-2-20) or conversion into multi family residential or professional office space, subject to county approval. This one-of-a-kind riverfront vacation rental offers stable income potential, unmatched location benefits, and long-term value appreciation.
For inquiries and to schedule a private tour, contact us today.