Photo 1 of 83
$4,300,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
16 |
0.00 |
8,177 |
$24,078.47 |
1956 |
On the market:
48 days
|
View full details, 15 photos, school info, and price history
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, totaling 16 bedrooms and 15.5 bathrooms, 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.
Listing courtesy of Adolfo Pereira IV, MARGAUX REALTY INC