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Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
3,156
Price per SqFt
N/A
8.1% cap rate, financials available. The Juni is a fully renovated & fully furnished boutique motel 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, listed at a 8% cap rate. 637 S Orlando Ave Cocoa Beach, FL.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Stone Counters
-
Total Bedrooms
8
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Courtyard
Area & Lot
-
Lot Features
Landscaped, Paved
-
Lot Size(acres)
0.26
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Financial
-
Sales Price
$2,100,000
-
Tax Amount
16627.16
Property Features
-
Association
NO
-
Senior Community YN
No
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Location
County
Brevard
Elementary School
Middle School
High School
Listing Courtesy of Adolfo Pereira IV , MARGAUX REALTY INC
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
Call Michael today to schedule a private showing.
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