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Residential Investment

Oceanfront 3/3 Vacation Rental & 6 Apartments

1473 S. Atlantic Avenue, Cocoa Beach, Florida 32931

Sold: $1,600,000
$370.37 / SF
Updated Sep 30, 2026
Categories Apartments

About this property

Coco Sands Cottages is an ocean front complex in South Cocoa Beach that consists of three buildings, currently operating as a combined long-term multifamily income property, and a short-term vacation rental. However, current zoning would allow a change in use to 100% vacation rental, which would dramatically increase the income.

Offering includes a completely remodeled and impeccably maintained 3/3 oceanfront vacation rental, plus 6 long-term rentals.

Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, and a 1/1 with a kitchenette.

Some recent updates include granite countertops, new appliances, gas stove, and oversized high impact glass windows overlooking the Ocean. Over 1000 square foot patio and deck.

Offering also includes Five 1/1 apartments, plus one 2/1 apartment, with it's own washer/dryer & jetted Jacuzzi tub. The latter also has a large deck area.

Beach house has separate laundry room and storage.

Tenants have coin operated laundry room and bike/surfboard storage area. All units have high quality window treatments & hurricane shutters.

Most long-term rentals are far below the market rate, but one unit was just rented within 4 days at our new, recommended price.

Beachhouse has been used as a vacation destination for family, and an occasional vacation rental.

See pro forma with financial details in attachments.

Property details

Property Type
Residential
Building Type
Freestanding
Building Size
4,320 sqft
Land Size
12,632 sqft
Units
8
Sewer
City
Water
City
Zoning
RM2
Year Built
1961
Roof
Shingle/Membrane/Concrete
Parking
12
Buildings
3
Construction
Masonry/conc, Wood Frame
Beach Frontage
50 feet

Documents 1 file

Coco-Sands-Flyer---Vacation-Rentals.pdf 725 KB

Last updated: Sep 30, 2026

Location

Address
1473 S. Atlantic Avenue
Cocoa Beach, Florida 32931
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.