Commercial property in Cocoa Beach, Florida 8 bedrooms, 293.2 sq.m. № 1787468

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Commercial property in Cocoa Beach, Florida 8 bedrooms, 293.2 sq.m. № 1787468
ID1787468 $ 2 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1787468

Property description

8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it’s the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! Selling with turn key ability: property management, revenue management, guest experience management, online travel agencies set up, direct booking website, google/apple business maps transferable, accounts/reviews transferable, returning guests, group booking contracts in place, central IT hub, City of Cocoa Beach and State of Florida licenses and qualified.
Portfolio available: “The Drift” a 13 unit boutique hotel a block away, listed at a 8% cap rate. 637 S Orlando Ave Cocoa Beach, FL.
MLS #: O6318947
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CityCocoa Beach
Address402 S ORLANDO AVENUE
TypeCommercial property
Bedrooms8
Living space293.2 m²
  • sq. ft
Completion dateIV quarter, 1961
Price
  • Price
  • per m²
$ 2 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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