8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel 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, listed at a 8% cap rate. 637 S Orlando Ave Cocoa Beach, FL.
For sale
$2,100,000
402 S Orlando Ave, Cocoa Beach, FL 32931
8beds
7baths
3,156sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$1,899,100 Zestimate®
$665/sqft
$-- HOA
What's special
Modern updatesModern designCoastal charmBbq areaStock tank plunge poolOutdoor space
- 46 days
- on Zillow |
- 339 |
- 22 |
- Loading
- Loading