About This Property
Description from listing agentTurnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.
Space Coast Context
🚀 Launch Viewing — Great Views
18 mi from SLC-40
18 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.
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
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $9,747
- Property taxes
- $1,850
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $1.9M price — down payment shown: $370,000.
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.
