58 photos in the listing
402 Orlando Avenue
Cocoa Beach, FL 32931 · Brevard County
$1,700,000
$2,100,000
8
Beds
7
Baths
3,156
Sq ft
1961
Year built
Location
About this home
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.
Facts & features
Interior
- Bedrooms
- 8
- Bathrooms
- 7
- Living area
- 3,156 sq ft
- Flooring
- Laminate
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Features
- Ceiling Fans(s), Open Floorplan, Stone Counters
- Cooling
- Mini-Split Unit(s)
- Heating
- Electric
Exterior & lot
- Lot size
- 0.26 acres
- Construction
- Block
- Roof
- Shingle
- Features
- Courtyard, French Doors, Hurricane Shutters
- Pool
- Yes
Financial
- Price / sqft
- $539/sqft
- Annual tax
- $16,627.16
- Tax year
- 2024
Utilities
- Utilities
- Other
- Water
- Public
- Sewer
- Public Sewer
Property
- Property type
- Multi Family
- Year built
- 1961
- Subdivision
- Cocoa Beach Blks 37 & 28a
- Days on market
- 491 days
Estimate your monthly cost
Twenty percent down over thirty years at 6.5%. Insurance is not included.
- Principal & interest
- $8,596
- Property tax
- $1,386
- Estimated monthly
- $9,982
Ask about this property
Answered from this listing’s own figures and the sales around it.
Similar homes nearby
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 21, 2026 | Price reduced | $1,700,000 | −$400,000 |
| Jun 16, 2025 | Listed | $2,100,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for Cocoa Beach, FL are not connected yet, so this page does not show them.
- Elementary school
- Not listed
- Not named in the MLS record for this home
- Middle school
- Not listed
- Not named in the MLS record for this home
- High school
- Not listed
- Not named in the MLS record for this home
Listing
- Listed by
- Adolfo Pereira IV
- Brokerage
- MARGAUX REALTY INC
- MLS number
- MFR762240242
Listing information is deemed reliable but is not guaranteed.