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$1,599,900
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Property Description
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
Full Property Details
Full Property Details for 686 S Atlantic Ave #1-8
General
- Sold For: $1,599,900
- Taxes: $14,260 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrevardCounty
- MLS ID: 1046277
- Added to Site: 247 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Instant Hot Water, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Laminate, Terrazzo, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Barbecue, Laundry, Pool
- Pool: Yes
- Pool Description: In Ground, Pool Sweep, Salt Water
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Courtyard, Outdoor Shower
Parking
- Total Spaces: 13
- Parking Features: Parking Lot, Unassigned
Location
- Area: 272 - Cocoa Beach
- County: Brevard
- Driving Directions: Heading Northbound on A1A (Atlantic Ave) from PSFB to 7th ST. 2 Quads on left. Heading Southbound on A1A (Orlando Ave) turn left on 7th St. 2 Quads on left. Corner Lot, Across the Street from the Beautiful Beaches and only meters from the beach boardwalk access.
- Direction Faces: Southeast
School Information
- Elementary School: Roosevelt
- Middle School: Cocoa Beach
- High School: Cocoa Beach
Community
- Community Features: Barbecue, Laundry, Pool
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Tankless
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Water Meters
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Stucco
- Roof: Other
- Stories/Levels: 2
- Square Feet: 5,976
- Living Area: 5,976 Sq. Ft.
- Current Bldg. Use: Commercial, Multi-Family, Other
- Year Built: 1962
Unit Information
- Units in Building: 8
Additional Structures
- Other Structures: Shed(s), Workshop
Lot Features
- Property View: Pool
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Lot Dimensions: 150 x 100
- Frontage: City Street, State Road
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot
- Fencing (Description): Back Yard, Block, Privacy, Wood
Financial Considerations
- Price Per Sq. Ft.: $267.72
- Tax Amount: $14,260
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: None
- Tenant Pays: Other
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 25-37-14-Dd-00026.0-0011.00
Listed by C. Apollo Realty Inc
Sold by Pinnacle Realty
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Schools
Schools serving 686 S Atlantic Ave #1-8
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Theodore Roosevelt Elementary School 1400 Minutemen Causeway, Cocoa Beach, FL 32931 | K-6 | 1.4 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 686 S Atlantic Ave #1-8
Date
Details
Price
Change
Source
10/01/2025
Sold
$1,599,900
—
MLS
7/30/2025
Price Reduced
$1,599,900
-15.79%
MLS
6/30/2025
Price Reduced
$1,899,900
-9.53%
MLS
6/24/2025
Price Reduced
$2,100,000
-4.55%
MLS
5/15/2025
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
686 S Atlantic Avenue #1-8, Cocoa Beach, FL 32931 (MLS# 1046277) is a Multi-Family property that was sold at $1,599,900 on October 01, 2025. Want to learn more about 686 S Atlantic Avenue #1-8? Do you have questions about finding other Multi-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.

