David Ramirez
$1,700,000$2,100,0008 bd3,156 sqft$539 /sqft$11,356 /mo all-in ↓

402 S ORLANDO AVENUE, COCOA BEACH, FL, 32931

Active415 days on marketListed Jun 16, 2025MLS #O6318947

Reduced $400KPrivate poolMulti Family (5+)COCOA BEACH BLKS 37 & 28A

About this home

402 S ORLANDO AVENUE

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.

Facts & features

The home at a glance

8

Bedrooms

3,156

Sqft

0.26 ac

Lot size

1961

Year built

$539

Per sqft

Private pool

Inside

FlooringLaminate
AppliancesDishwasher · Dryer · Microwave · Refrigerator · Washer
InteriorCeiling Fan(s) · Open Floorplan · Stone Counters
LaundryInside · Other
CoolingMini-Split Unit(s)
HeatingElectric

Outside & construction

RoofShingle
ConstructionBlock
FoundationSlab
ExteriorCourtyard · French Doors · Hurricane Shutters

Community & fees

Taxes (2024)$16,627/yr

Utilities & systems

UtilitiesOther
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$11,356 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,173
PMI (est., until 20% equity)$638
Property tax — 2024 actual bill$1,386
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $170,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $170,000
Interest rate6.00%
Loan term

Estimated payment

$11,356/mo

Principal & interest$9,173
PMI (est., until 20% equity)$638
Property taxes (actual bill)$1,386
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Cocoa Beach actives

$539 vs $368

Days on market

415 vs 38 typical

Where $539/sqft sits among the 31 Cocoa Beach actives

11
7
6
3
2 · this home
2
$249–313$313–377$377–441$441–505$505–568$568+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Cocoa Beach

Map of 402 S ORLANDO AVENUE

Drive times from this address

Orlando Int’l Airport (MCO)62 min
Downtown Orlando69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Cocoa Beach. See the full Cocoa Beach guide →

COCOA BEACH 32931 — neighborhood snapshot

Population

13,893

Median age

58.8

Median income

$84,769

Median home value

$478,300

Avg household

1.9

Households w/ children

867

For the school run

Brevard County School District

HighCocoa Beach Junior/Senior High School★★★★
ElementaryCape View Elementary School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Cocoa Beach market

Seller’s marketBalanced6.2 months of inventoryBuyer’s market

$498K$500K

Cocoa Beach median sold, yr/yr

94.9%

Sale-to-list ratio (12 mo)

10 of 31

Cocoa Beach actives have cut their price

Median sold price, Cocoa Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 258% above the COCOA BEACH 32931 median. See the full Cocoa Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,700,000 $400K
Jun 16, 2025Listed at $2,100,000 · 415 days on market since
1961Built · COCOA BEACH BLKS 37 & 28A

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 402 S ORLANDO AVENUE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 402 S ORLANDO AVENUE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

402 S ORLANDO AVENUE FAQs

What would the monthly payment be for 402 S ORLANDO AVENUE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,356/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 402 S ORLANDO AVENUE?+

The most recent tax bill on record (2024) was $16,627. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Cocoa Beach?+

At $1,700,000, this home is listed about 241% above the Cocoa Beach median of $499,000. The market section on this page shows how the area is trending.

Which schools are assigned to 402 S ORLANDO AVENUE?+

Cocoa Beach Junior/Senior High School (high), Cape View Elementary School (elementary) — Brevard County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$1,700,000 runs 258% above the COCOA BEACH 32931 median — but at 3,156 sqft it's also nearly twice the size of the typical Cocoa Beach listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

415 days on market against a Cocoa Beach median of 38 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Cocoa Beach Junior/Senior High School, Cape View Elementary School — Cocoa Beach Junior/Senior High School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $2,100,000, now $1,700,000 — a $400K cut. The full history is in the market section below.

Listing courtesy of MARGAUX REALTY INC · Adolfo Pereira Iv. MLS #O6318947.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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