




13 Baths
8,177 sqft
$4,400,000
637 S Orlando Avenue, Cocoa Beach FL, 32931
Price per sqft$538.09
Built in1956
Property size8,177 sqft
Property typeCommercial
Overview
Pending
Listed Jul 16, 2025
Updated Jun 10
Listed $855,000 below appraised value. 9.93% cap rate. Owning a short-term rental may offer access to tax strategies such as bonus depreciation and cost segregation. Bonus depreciation, which is currently available at 100% for qualifying property placed in service in 2025, May offer significant tax advantages. Speak with your tax advisor to explore how these options might benefit your investment. Listed below appraised value. The Drift is a fully renovated boutique short term rental complex located in the heart of Cocoa Beach, just a short walk to the surf and downtown. With 13 beautifully upgraded units, including both one-bedroom and two-bedroom options, The Drift offers a blend of modern amenities and coastal charm. This turnkey property is an ideal investment, offering strong cash flow potential and a highly desirable location. Selling with turn key ability.
Additional information
- MLS® ID
- 1051839
Interior Features
- Bathrooms
- 13
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.49 Acres
Other Property Details
- Taxes
- $22,171
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Margaux Realty, Inc, Karla Orlandini,
Listing Contact: 407-965-8447
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor MVP SALES GROUP shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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