637 S Orlando Ave

$3,545,000
Price
—
Beds
13
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Listed $855,000 below appraised value. 9.93% cap rate. 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 Drift is a fully renovated boutique short term rental complex located...Listed $855,000 below appraised value. 9.93% cap rate. 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 Drift is a fully renovated boutique short term rental complex 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, 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.
  1. Listed by Karla Orlandini • Margaux Realty, Inc

Property Details for 637 South Orlando Avenue

Directions
Head South from Ron Jon Surf Shop for 3.6 miles, property will be on your left.
Subdivision/Condo Name
Parsons Add To Cocoa Beach
LISTING UPDATED: 11/10/2025 11:04 AM

Property Details for 637 South Orlando Avenue

StatusActive
MLS #1051839
Days on Market160
Rental Incentives-
Available Date-
Lease Term-
Furnished-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1956
Lot Size0.49 AC / 21,344 SF
CountyBrevard County

Location

Listing Courtesy of Margaux Realty, Inc, Karla Orlandini
Add your commute

Building Information for 637 South Orlando Avenue

Stories-Residences13Year Built1956Building Size-Lot Size0.49 AC / 21,344 SF

Property Information for 637 South Orlando Avenue

Summary
Location and General Information
  • City: Cocoa Beach
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.307002
  • Geo Lon: -80.609522
  • Absolute Longitude: 80.609522
  • General County Loc: Central
  • County Sub/Condo Name: Parsons Add To Cocoa Beach
Taxes and HOA Information
  • Taxes: $22,170.50
  • Tax Year: 2023
  • Tax Acct: 2518055
  • Tax ID: 25-37-14-51-00026.A-0004.00
Parking
  • Parking: Assigned, Parking Lot
Property
Lot Information
  • SqFt - Total: 8177.0
  • Year Built: 1956
  • Picture Count: 83
  • Document Count: 0
  • Lot Description: Other
  • Acreage: 0.49
  • Legal/Misc: Land Lease: No
  • Site Location: City
  • Current Adjacent Use: Hotel/Motel, Multi-Family
Property and Assessments
  • Construction: Block, Composition Siding, Concrete, Stucco
  • Docs on File: 0
  • Property Type: D
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: D
  • Sub Type: Multi Family
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Total Floors in Bldg: 3
  • # of Units: 13
  • Flooring: Vinyl
Interior Features
  • Cooling: Ceiling Fan(s), Central Air, Multi Units, Other
  • Heat: Central, Other
  • Baths - Total: 13.0
Multi Family
Income & Expenses
  • Income & Expenses: Annual Net Income: $352,000.00
Multi-Family Information
  • Unit 1 Details: # Units: 1.0
  • Unit 1 Details: Annual Rent: 30000.0
  • Unit 1 Details: Baths Total: 1.0
  • Unit 1 Details: Furnished: Furnished
  • Unit 1 Details: Unit ID: 1
  • Unit 1 Details: Unit Remarks: Annual rent not accurate
  • Unit 1 Details: Unit SqFt: 874.0
  • Unit 2 Details: # Units: 1.0
  • Unit 2 Details: Annual Rent: 30000.0
  • Unit 2 Details: Baths Total: 2.0
  • Unit 2 Details: Furnished: Furnished
  • Unit 2 Details: Unit ID: 2
  • Unit 2 Details: Unit Remarks: Annual rent not accurate
  • Unit 2 Details: Unit SqFt: 874.0
  • Unit 3 Details: # Units: 1.0
  • Unit 3 Details: Annual Rent: 30000.0
  • Unit 3 Details: Baths Total: 2.0
  • Unit 3 Details: Furnished: Furnished
  • Unit 3 Details: Unit ID: 3
  • Unit 3 Details: Unit Remarks: Annual rent not accurate
  • Unit 3 Details: Unit SqFt: 874.0
  • Unit 4 Details: # Units: 1.0
  • Unit 4 Details: Annual Rent: 30000.0
  • Unit 4 Details: Baths Total: 1.0
  • Unit 4 Details: Furnished: Furnished
  • Unit 4 Details: Unit ID: 4
  • Unit 4 Details: Unit Remarks: Annual rent not accurate
  • Unit 4 Details: Unit SqFt: 552.0
  • Unit 5 Details: # Units: 1.0
  • Unit 5 Details: Annual Rent: 30000.0
  • Unit 5 Details: Baths Total: 1.0
  • Unit 5 Details: Furnished: Furnished
  • Unit 5 Details: Unit ID: 5
  • Unit 5 Details: Unit Remarks: Annual rent not accurate
  • Unit 5 Details: Unit SqFt: 552.0
  • Unit 6 Details: # Units: 1.0
  • Unit 6 Details: Annual Rent: 30000.0
  • Unit 6 Details: Baths Total: 1.0
  • Unit 6 Details: Furnished: Furnished
  • Unit 6 Details: Unit ID: 6
  • Unit 6 Details: Unit Remarks: Annual rent not accurate
  • Unit 6 Details: Unit SqFt: 552.0
  • Unit 7 Details: # Units: 1.0
  • Unit 7 Details: Annual Rent: 30000.0
  • Unit 7 Details: Baths Total: 1.0
  • Unit 7 Details: Furnished: Furnished
  • Unit 7 Details: Unit ID: 7
  • Unit 7 Details: Unit Remarks: Annual rent not accurate
  • Unit 7 Details: Unit SqFt: 552.0
  • Unit 8 Details: # Units: 6.0
  • Unit 8 Details: Annual Rent: 30000.0
  • Unit 8 Details: Baths Total: 1.0
  • Unit 8 Details: Furnished: Furnished
  • Unit 8 Details: Unit ID: 8
  • Unit 8 Details: Unit Remarks: Annual rent not accurate
  • Unit 8 Details: Unit SqFt: 552.0
Agent
Sale and Listing
  • Cumulative DOM: 117
  • Days On Market: 117
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: 24 Hour Notice, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, No Sign
  • Appointment Phone: 407-968-8371

Property History for 637 South Orlando Avenue

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Price Change

SCMLS #1051839

$3,545,000—
Nov 4, 2025

Price Change

SCMLS #1051839

$3,595,000—
Oct 27, 2025

Price Change

SCMLS #1051839

$3,675,000—
Oct 20, 2025

Price Change

SCMLS #1051839

$3,800,000—
Oct 6, 2025

Price Change

SCMLS #1051839

$3,950,000—
Sep 19, 2025

Price Change

SCMLS #1051839

$4,150,000—
Sep 8, 2025

Price Change

SCMLS #1051839

$4,200,000—
Aug 25, 2025

Price Change

SCMLS #1051839

$4,300,000—
Jul 16, 2025

Listed (Active)

SCMLS #1051839

$4,400,000—
Mar 14, 2024

Expired

SCMLS #975119

—
Sep 14, 2023

Listed (Active)

SCMLS #975119

$1,950,000—
May 8, 2013

Rented

SCMLS #666564

$625—
May 8, 2013

Pending

SCMLS #666564

—
Apr 17, 2013

Listed (Active)

SCMLS #666564

$625—
DateEvent & SourcePrice
11/10/2025

Price Change

SCMLS #1051839

$3,545,000
11/04/2025

Price Change

SCMLS #1051839

$3,595,000
10/27/2025

Price Change

SCMLS #1051839

$3,675,000
10/20/2025

Price Change

SCMLS #1051839

$3,800,000
10/06/2025

Price Change

SCMLS #1051839

$3,950,000
09/19/2025

Price Change

SCMLS #1051839

$4,150,000
09/08/2025

Price Change

SCMLS #1051839

$4,200,000
08/25/2025

Price Change

SCMLS #1051839

$4,300,000
07/16/2025

Listed (Active)

SCMLS #1051839

$4,400,000
03/14/2024

Expired

SCMLS #975119

—
09/14/2023

Listed (Active)

SCMLS #975119

$1,950,000
05/08/2013

Rented

SCMLS #666564

$625
05/08/2013

Pending

SCMLS #666564

—
04/17/2013

Listed (Active)

SCMLS #666564

$625

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 637 South Orlando Avenue

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - K to 6
Public - 12
Rating
School
Distance
Theodore Roosevelt Elementary School
PublicPK to 6

Cocoa Beach Junior/Senior High School
Public7 to 12

Project Search
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

637 South Orlando Avenue is available for rent in Cocoa Beach, FL 32931. This property was listed on July 16, 2025 by Margaux Realty, Inc, it's currently listed at $3,545,000. It has been on the market for a total of 160 days and was last rented on May 8, 2013. This listing's school district is Brevard Public Schools. Nearby schools include Theodore Roosevelt Elementary School, Cocoa Beach Junior/Senior High School and Freedom 7 Elementary School Of International Studies. 637 South Orlando Avenue is a 0-bed, 13-bath, a property built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Margaux Realty, Inc, Karla Orlandini

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the 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 MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/10/2025 11:04 AM