About This Property
Description from listing agentUnlock incredible potential with this meticulously updated duplex in the heart of Cocoa. Perfectly positioned on an oversized lot adorned with mature mango and citrus trees, this ''Old Florida'' charmer is a turn-key powerhouse for any investor. This property offers a rare development upside with multi-unit zoning that allows for up to 9 units, providing massive future growth potential. It boasts a proven performance history as a successful, cash-flowing short-term rental with a stellar track record of high occupancy and impressive ROI. Both the 2BR/1BA and the 1BR/1BA units have been completely updated with modern kitchens, newer flooring, and fresh remodels. Guests love the old Florida feel. With ample front parking and a layout designed for maximum income, this property is ready to perform from day one. This is a rare find in a high-demand area. Close to Port Canaveral, historic downtown Cocoa, the beach and the Space Center. Don't miss out on this high-yield Cocoa gem!
Space Coast Context
🚀 Launch Viewing — Great Views
17.2 mi from SLC-40
17.2 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 6/27/26Price change$350K -5.2%$345/sqft
Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Schools
Elementary
Endeavour
High School
Cocoa
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,844
- Property taxes
- $350
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $69,980.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
