5505 N Atlantic Ave - Office/Residential CONDO FOR SALE


Cocoa Beach, FL 32931- Coastal Brevard
$399,900 USD
321-720-6654
5505 N Atlantic Ave, Cocoa Beach, FL for Sale
$399,900 USD
Office/Residential CONDO - FOR SALE
1/41
null | Request Cap Rate

5505 N Atlantic Ave
Cocoa Beach, FL 32931
Coastal Brevard


HIGHLIGHTS

  • Central Location
  • Beautifully Renovated
  • High Traffic

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5505 Center A Condominium

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

30,285 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CN, County

APN/PARCEL ID

24-37-26-CH-00000.0-0004.00,24-37-26-CH-00000.0-0004.15

ASK ABOUT THIS PROPERTY

Jennifer McCoyJennifer McCoy, PAMore Info
321-720-6654

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Jennifer McCoyJennifer McCoy, PAMore Info
321-720-6654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.