Tour
#O6325042, Rebecca Sparks, Listing office: C. APOLLO REALTY INC
$4,400,000 List price
637 S Orlando Ave Cocoa Beach, FL 32931
16 beds
16 baths
8,177 sqft
0.5 acres
$538 / sqft
Multi-Family
Property details
About 637 S Orlando Ave
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, 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.
Highlights
Home typeMulti Family
HeatingCentral, Other
StatusActive
CoolingCentral Air, Other
Size8,177 sqft
Lot size0.49 Acres
Year built1956
ParkingAssigned
MLS #O6327687
FireplaceWood Burning
Summary
- Flooring Type: Luxury Vinyl
- Interior: Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments
- Fireplace: Wood Burning
- Total Bedroom Count: 16
- Private Pool: No
- Parking: Assigned
- Exterior: Outbuildings, Balcony, Fence, Outdoor Grill, Outdoor Shower, Sliding Doors, Storage
- Heating: Central, Other
- Cooling: Central Air, Other
- List Price: $4,400,000
- Price/SqFt: $538
- HOA Amount: $0
- Annual Tax Amount: $22,170
- Tax Year: 2023
- Directions: Head South from Ron Jon Surf Shop about 3.6 miles, property will be on your left.
- Year Built: 1956
- Living Area: 8,177 SqFt
- Lot Size: 0.49 Acres
- MLS Number: O6327687
- MLS Name: MFRMLS
- Office Name: MARGAUX REALTY INC
- Office Phone: (407) 965-8447
- Listing Agent: Adolfo Pereira IV
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/17/2025, 10:34:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 08, 2024 | Home Sold | $1,690,000 |
| Aug 25, 2022 | Home Sold | $7,416,000 |
| Mar 01, 2016 | Home Sold | $785,000 |
| Sep 07, 2005 | Home Sold | $375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,312,610 | $22,170 |
| 2022 | $1,331,060 | $17,238 |
| 2021 | $820,000 | $17,238 |
| 2020 | $798,600 | $13,851 |
| 2019 | $726,000 | $11,865 |
| 2018 | $660,000 | $12,129 |
| 2017 | $655,000 | $12,129 |
History based on county public records data.
Nearby schools
10
Freedom 7 Elementary School of International Studies
Public District KG-6
0.6 mi
•400 S 4th St
9
Theodore Roosevelt Elementary School
Public District KG-6
1.5 mi
•1400 Minutemen Cswy
8
Tropical Elementary School
Public District KG-6
5.8 mi
•885 S Courtenay Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,625. Residents of Cocoa Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
52%
35k-100k
2%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
69%
Single, No Kids
9%
Single, with Kids
16%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
50%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Figure Skating
Continuing Education Courses
Where do the neighbors shop?
Stein Mart
Chico's
Express/Express For Men
Where do the neighbors go to eat?
LongHorn Steakhouse
Bob Evans
Qdoba
What do the neighbors drive?
Buick
Oldsmobile
Volkswagen
What do the neighbors listen to?
Contemporary Inspirational
News
Urban Contemporary
All data provided by Home Junction and Claritas
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#1046277, Rebecca L Sparks, Listing office: C. Apollo Realty Inc
Frequently asked questions
About 637 S Orlando Ave
The listing price of 637 S Orlando Ave property is $4,400,000.
The property 637 S Orlando Ave is a multi located in Cocoa Beach, Florida, 32931.
Active Listing: 637 S Orlando Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 637 S Orlando Ave are: Freedom 7 Elementary School of International Studies (GreatSchools Rating 10/10), Theodore Roosevelt Elementary School (GreatSchools Rating 9/10), Tropical Elementary School (GreatSchools Rating 8/10), Jefferson Middle School (GreatSchools Rating 5/10), John F. Kennedy Middle School (GreatSchools Rating 5/10), DeLaura Middle School (GreatSchools Rating 8/10), Cocoa Beach Junior/Senior High School (GreatSchools Rating 6/10), Edgewood Jr/Sr High School (GreatSchools Rating 10/10), Rockledge High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $22,170 (source: MLS/based on county public records data).
The last sale was on April 8, 2024 for $1,690,000 (source: MLS/tax record).
The property 637 S Orlando Ave is 8,177 SqFt (source: MLS/tax record).
The year of construction for 637 S Orlando Ave is 1956.
This home is located at 637 S Orlando Ave in Cocoa Beach, FL and zip code 32931 in the Cleggmoor neighborhood. This 8,177 square foot home, which was built in 1956, sits on a 0.49 acre lot. Features: 16 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $4,400,000.
In June 2025, from all listings sold in Cocoa Beach, FL there were more than 1 sold above asking price, over 32 sold below and more than 2 were sold right at the asked price. The number of listings in Cocoa Beach, FL increased by 5% between May and June 2025. Listings spent 76 days on the market in June 2025, and had a median list price of $537,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.