Multi-Family 5+ at 402 S ORLANDO AVE, COCOA BEACH
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58 photos

$1,700,000

402 S ORLANDO AVE
COCOA BEACH, FL 32931
Bedrooms
8
Bathrooms
N/A
Living area
3,156 sqft
Year built
1961

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.

Highlights

Private pool

Property details

MLS
Stellar MLS
MLS #
MFRO6318947
Property type
Multi-Family 5+
Subdivision
COCOA BEACH BLKS 37 & 28A
Status
Active
Days on market
358
On market date
June 16, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.26 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
FREEDOM 7 ELEMENTARY SCHOOL OF INTERNATIONAL STUDIES
0.16 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
406
Student:teacher ratio
14.5:1
District
BREVARD
Middle
THOMAS JEFFERSON MIDDLE SCHOOL
4.95 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
622
Student:teacher ratio
17.3:1
District
BREVARD
High
COCOA BEACH JUNIOR/SENIOR HIGH SCHOOL
1.32 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
943
Student:teacher ratio
18.1:1
District
BREVARD

Walkability

Blended score for COCOA BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

82
Highly walkable
out of 100
EPA National Walkability Index
17.3 / 20 -- Most walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores2
Parks8
Schools2
Transit stops16
Pharmacies0

Market position

How this listing compares to current activity in COCOA BEACH, from live MLS data.

On the market 358 days -- 259 more days than COCOA BEACH's current average of 99 days.
For reference, the median list price across 40 active listings in COCOA BEACH right now is $499,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$10,388/mo
$340,000 down
$1,360,000 loan
Principal & interest$8,821
Property tax (est.)$1,417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.