5505 N Atlantic Ave offers a rare opportunity to acquire a multi-family asset in the highly trafficked Cocoa Beach corridor. Situated at the intersection of N. Atlantic Ave and Shepard Drive, between the 520 and 528 causeways, the property benefits from strong visibility and steady year-round activity driven by local residents and vacationers alike.
The building consists of approximately 13,883 square feet on a corner lot within the 5505 Center Condominium development and is adjacent to Cornerstone Plaza, anchored by Publix and other national retailers. Interior finishes include a combination of concrete, tile, and wood, reflecting the structure’s durable construction with block, concrete, and stucco materials. Historically utilized as mixed-use commercial and office suites, this asset provides a flexible platform for repositioning as investment property.
Connectivity is a strong advantage with Orlando International Airport approximately 45 minutes away, while the property is only steps from the Cocoa Beach Pier and Atlantic shoreline. Various amenities, dining, and retail conveniences lie within walking distance, enhancing both tenant appeal and long-term leasing prospects. Investors can explore strategies encompassing repositioning or maintaining a diversified tenant mix in one of Florida’s most recognized beachfront markets.