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3440 S Atlantic Avenue , Cocoa Beach, FL 32931

$2,950,000

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Property Description

Rare 1+ acre DIRECT riverfront opportunity in South Cocoa Beach. Perfectly positioned between the Atlantic Ocean and the Banana River, this exceptional parcel offers approximately 150 feet of waterfront and flexible residential zoning. Ideal for a luxury waterfront estate, a multi-home development, or a residential project of up to 15 units. The south portion of the property includes three active short-term rental structures with potential to renovate, expand rental income, or repurpose as storage or hobby spaces. The north portion remains a vacant, build-ready lot, offering endless development options. Surrounded by premier riverfront homes, this tranquil setting delivers privacy while remaining close to dining, shopping, and major airports. Enjoy quiet, wide beaches and serene river living with direct access to the Intracoastal Waterway and ocean beyond. A truly unique South Cocoa Beach offering with exceptional investment and lifestyle potential.

3440 S Atlantic Avenue | MLS# 1066779

This multi-family property located at 3440 S Atlantic Avenue , Cocoa Beach, FL 32931 is currently listed for sale with an asking price of $2,950,000. Search Cocoa Beach real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Split System
Garage: 4 car attached
Heating: Central
Lot Size: 1.06 Acres
Roof Type: Shingle
Year Built: 1964
Square Feet: 2,733

Amenities

Courtyard
Fire Pit
Outdoor Shower

Feature Descriptions

Days on Site: 44
Equipment/ Appliances Features: Dishwasher, Disposal, Double Oven, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Exterior: Block, Concrete, Stucco
Flooring: Tile, Vinyl
Lot: Few Trees, Other
Parking Notes: Attached Carport, Garage
Road Surface: Asphalt, Paved
Sewer: Public Sewer
Special View Info: River
Utility Features: Cable Available, Electricity Available, Natural Gas Available, Water Available
Water: Public
Waterfront: Navigable Water, River Access, River Front

Local Schools

High School: Cocoa Beach
Middle School: Cocoa Beach
Elementary School: Roosevelt

Listed By / Shown By

Listed By

Agency Name: Century 21 Ocean
Agency Phone: 321-323-1212

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 15,085.76 per month $14,225.35 Principal & Interest $0.00 Property Tax (data not provided by mls) $860.42 Homeowner's Insurance

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