Sold for $1,599,900

$1,599,900

686 S Atlantic Ave #1-8, Cocoa Beach, FL 32931

16beds

5,976sqft

Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$268/sqft

$1,919 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,919/mo

Zestimate^® history

Owner options

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$1,919/mo

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$1,919/mo

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$10,709/mo

Est. payment

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$10,709/mo

Est. payment

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What's special

Saltwater poolWooden deckCorner lotSurrounded by tropical landscaping

Rare opportunity to own this 8 Unit multifamily property in iconic Cocoa Beach, just 300 feet from the boardwalk and ocean access. Situated on a .34-acre corner lot, this unique property includes two quadplex buildings centered around a saltwater pool and surrounded by tropical landscaping. Operating as ''Sea Esta'' almost 40 years, this property offers a boutique-style experience, providing an alternative to high-rise hotels and crowded resorts. Ideal for investors, vacation rental operators, or boutique hotel concepts. One building was updated in 2009 with new electrical panels, windows, sliders, and tankless water heaters. Two new HVAC units installed in 2024. Each unit has its own wooden deck to enjoy. On-site parking, workshop and laundry facilities included. Adjoining vacant lot may also be available for purchase, offering potential for expansion. Own your hospitality! Don't miss this rare income-producing coastal GEM with unbeatable location and long-term upside

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8
Full bathrooms: 8

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Instant Hot Water, Refrigerator, Tankless Water Heater, Washer
Laundry: Common Area

Features

Flooring: Carpet, Laminate, Terrazzo, Vinyl
Has fireplace: No

Interior area

Total structure area: 7,940
Total interior livable area: 5,976 sqft

Property

Parking

Total spaces: 13
Parking features: Parking Lot, Unassigned

Features

Levels: One
Stories: 2
Exterior features: Balcony, Courtyard, Outdoor Shower
Has private pool: Yes
Pool features: In Ground, Pool Sweep, Salt Water
Fencing: Back Yard,Block,Privacy,Wood
Has view: Yes
View description: Pool

Lot

Size: 0.34 Acres
Dimensions: 150 x 100
Features: Corner Lot

Details

Additional structures: Shed(s), Workshop
Additional parcels included: 2517935
Parcel number: 253714Dd00026.00011.00
Zoning description: Multi Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Stucco
Roof: Other

Condition

New construction: No
Year built: 1962

Utilities & green energy

Electric: 100 Amp Service, 220 Volts in Workshop
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Water Meters

Community & HOA

Community

Security: Smoke Detector(s)

HOA

Has HOA: No
Amenities included: Barbecue, Laundry, Pool

Location

Region: Cocoa Beach

Financial & listing details

Price per square foot: $268/sqft
Annual tax amount: $14,260
Date on market: 5/15/2025
Listing terms: Cash,Conventional
Tenant pays: Other
Road surface type: Asphalt

Price history

Date	Event	Price
10/1/2025	Sold	$1,599,900$268/sqft
Source: Space Coast AOR #1046277 Report a problem
8/26/2025	Pending sale	$1,599,900$268/sqft
Source: Stellar MLS #O6325042 Report a problem
8/17/2025	Contingent	$1,599,900$268/sqft
Source: Space Coast AOR #1046277 Report a problem
7/30/2025	Price change	$1,599,900-15.8%$268/sqft
Source: Space Coast AOR #1046277 Report a problem
6/30/2025	Price change	$1,899,900-9.5%$318/sqft
Source: Space Coast AOR #1046277 Report a problem
6/24/2025	Price change	$2,100,000-4.5%$351/sqft
Source: Space Coast AOR #1046277 Report a problem
5/15/2025	Listed for sale	$2,200,000$368/sqft
Source: Space Coast AOR #1046277 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 32931

Nearby homes

Nearby schools

GreatSchools rating

9/10
Theodore Roosevelt Elementary School
Grades: PK-6Distance: 1.4 mi
7/10
Cocoa Beach Junior/Senior High School
Grades: 7-12Distance: 1.5 mi

Schools provided by the listing agent

Elementary: Roosevelt
Middle: Cocoa Beach
High: Cocoa Beach

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.