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637 S Orlando Avenue, 
Cocoa Beach, FL 32931

$4,400,000

16

Beds

16

Baths

8,177

Sq Ft

Multi-Family

Active

Listed by

Adolfo Pereira Iv

Margaux Realty Inc

Last updated:

July 18, 2025, 04:59 PM

MLS#

O6327687

Source:

MFRMLS

About This Home

637 S Orlando Avenue

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.

Home Facts

Multi-Family

16 Baths

16 Bedrooms

Built in 1956

Price Summary

4,400,000

$538 per Sq. Ft.

MLS #:

O6327687

Last Updated:

July 18, 2025, 04:59 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

16

Interior

Living Area:

8,177 Sq. Ft.

Structure

Structure

Building Area:

8,441 Sq. Ft.

Year Built:

1956

Lot

Lot Size (Sq. Ft):

21,344

Finances & Disclosures

Finances

Price:

$4,400,000

Price per Sq. Ft:

$538 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Margaux Realty Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Margaux Realty Inc, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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