Real Estate Listings for Cocoa Beach, Satellite Beach and Brevard County, Florida

Alyssa Boyd

Greater Brevard Area, Waterfront Properties & Cocoa Beach

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Cocoa Beach, Fl

Price: $4,200,000.00


COMMERCIAL - MLS #1051839 - Built in 1956
Added on Wednesday, July 16th, 2025 at 12:00am


About This Property:

The Drift is a fully renovated boutique hotel 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, listed at a 8% cap rate. 402 S Orlando Ave Cocoa Beach FL.

Subdivision

Parsons Add To Cocoa Beach

Parking

Split Floorplan

Pool

Pool Description

Waterfront

No

Water Type

none

Construction

Floor

Exterior Finish

Roof Type

Fireplace

Furnishings

Home Warranty

Utilities

Appliances

County

Brevard

Gated Community

HOA

HOA Dues

$0.00

Tax Year

2023

Tax Amount

$22,170.50

55+ Community

Home View

Additional Rooms

Short Sale

Home Style

Interior Features

Exterior Features

Property Details - This listing is courtesy of Margaux Realty, Inc.