This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$4,390,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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: 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 Juni" a 7 unit boutique motel a block away.. 402 S Orlando Ave Cocoa Beach FL.
Full Property Details
Full Property Details for 637 S Orlando Ave
General
- Sold For: $4,390,000
- Taxes: $24,078 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6327687
- Added to Site: 359 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters, Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: Common Area, Laundry Room
Exterior
- Exterior Features: Outbuilding, Balcony, Fenced, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
Parking
- Parking Features: Assigned
Location
- Area: 32931 - Cocoa Beach
- County: Brevard
- Development Name: 32931 - Cocoa Beach
- Subdivision: PARSONS ADD
- Driving Directions: Head South from Ron Jon Surf Shop about 3.6 miles, property will be on your left.
Community
- Community Name: 32931 - Cocoa Beach
Heating & Cooling
- Cooling Type: Central Air, Other
- Heating Type: Central, Other
Utilities
- Sewer: Public Sewer
- Water District: COCOA BEACH
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- # Buildings: 4
- Exterior Const.: Block, Cement Siding, Stucco, Wood Frame
- Roof: Shingle
- Square Feet: 8,177
- Sq. Ft. Source: Appraiser
- Living Area: 8,177 Sq. Ft.
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,344
- Lot Size: 21344
- Street/Road Desc.: Asphalt
Water Features
- Water Access: Yes
- Water Access Desc: Beach
- Water Front Name: COCOA BEACH
Financial Considerations
- Tax Amount: $24,078.47
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PARSONS ADD TO COCOA BEACH LOTS 4, 5, 6 BLK 26 A
- Flood Zone Info: X
- APN: 25 37145126.A4
- Property ID: 25 37145126.A4
- Block/Lot/Section: 26
Listed by Margaux Realty Inc
Sold by Krg
Get Pre-Approved Today
Schools
Schools serving 637 S Orlando Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Theodore Roosevelt Elementary School 1400 Minutemen Causeway, Cocoa Beach, FL 32931 | K-6 | 1.3 mi |
Cocoa Beach Junior/Senior High School 1500 Minutemen Causeway, Cocoa Beach, FL 32931 | 7-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 637 S Orlando Ave
Date
Details
Price
Change
Source
5/27/2026
Sold
$4,390,000
-0.23%
MLS
3/02/2026
Price Increased
$4,400,000
24.12%
MLS
11/10/2025
Price Reduced
$3,545,000
-1.39%
MLS
11/04/2025
Price Reduced
$3,595,000
-2.18%
MLS
10/27/2025
Price Reduced
$3,675,000
-3.29%
MLS
10/20/2025
Price Reduced
$3,800,000
-3.8%
MLS
10/06/2025
Price Reduced
$3,950,000
-4.82%
MLS
9/19/2025
Price Reduced
$4,150,000
-1.19%
MLS
9/08/2025
Price Reduced
$4,200,000
-2.33%
MLS
8/25/2025
Price Reduced
$4,300,000
-2.27%
MLS
7/16/2025
Listed
$4,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
637 S Orlando Avenue, Cocoa Beach, FL 32931 (MLS# O6327687) is a Single Family property that was sold at $4,390,000 on May 27, 2026. Want to learn more about 637 S Orlando Avenue? Do you have questions about finding other Single Family real estate for sale in Cocoa Beach? You can browse all Cocoa Beach real estate or contact a Coldwell Banker agent to request more information.

