COCOA BEACH, FL 32931

Property

Ownership: Fee Simple
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 7
Lot Size: 0.3 Acres

Financials

Price:$1,799,000
Annual Taxes:$16,627.16
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of MARGAUX REALTY INC

Listed 225, 000 below appraised value.

Description

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.

Amenities

  • Ceiling Fans(S)
  • City Limits
  • Courtyard
  • Dishwasher
  • Dryer
  • French Doors
  • Hurricane Shutters
  • Landscaped
  • Microwave
  • Open Floorplan
  • Other
  • Paved
  • Refrigerator
  • Stone Counters
  • Storm Window(s)
  • Washer

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.