402 S Orlando Ave

Cocoa Beach, FL 32931
List Price
$1,799,000
402 S Orlando Ave
402 S Orlando Ave - Image 2
402 S Orlando Ave - Image 3
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Lance Wolfe
Lance Wolfe
Savvy STR Agent

About This Property

Listed $225,000 below appraised value. 9.56% cap rate, financials available. 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 Juni is a fully renovated & fully furnished boutique short term rental complex located just steps from the iconic Cocoa Beach. The Juni was fully renovated in 2024, full renovation list available. With 7 beautifully designed units, it’s the perfect blend of modern design and coastal charm. The Juni is located in a prime location, a 500' walk to public access to the shores of Cocoa beach and half a mile from downtown Cocoa Beach shores. Unit Mix: 5 Studio units with kitchenettes, 1 One Bedroom unit with full kitchen, 1 Two Bedroom unit with full kitchen and laundry. Other features include a stock tank plunge pool, outdoor space and bbq area, keyless entry, onsite parking and high speed wi-fi. This property offers great investment potential with its modern updates and prime location in Cocoa Beach. The Juni Motel combines cash flow with branding appeal, making it a standout opportunity! 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 Drift” a 13 unit boutique hotel a block away. 637 S Orlando Ave Cocoa Beach, FL.

Family-friendly
Adventure
Pet-friendly
Beach
Budget-friendly
Hot Tub
Pool
Sauna

Property Details

8
Bedrooms
7
Bathrooms
3,156
Square Feet
1961
Year Built
0.26 ac
Lot Size
Multi Family
Property Type

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Revenue data from similar short-term rentals in the area

Shark Tank•4 Units•Large Groups•Walk to Beach/Bars

Shark Tank•4 Units•Large Groups•Walk to Beach/Bars

Cocoa Beach, FL

Revenue
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Savvy Recommended Upgrades

install hot tub

Est. $12,000$15,000

install red light sauna

Est. $5,000$8,000

wall murals and artwork

Est. $20,000$18,000

more kitchen appliances

Est. $12,000$15,000

Your Agent

Lance Wolfe

Lance Wolfe

STR Investment Specialist

Cocoa Beach, FL

2
Deals Closed
2
Years Experience

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Listing agent: Adolfo Pereira IV. Listing courtesy of MARGAUX REALTY INC. Information deemed reliable but not guaranteed.

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