About This Property
Description from listing agentLooking for long-term gains AND STR cash flow? This is it! Attractive & homey, well-maintained, single-owner investment property w/ happy tenants & very low vacancy. Commercial contractor/owner built in 2018 & located a third of a mile away from the energy of Cocoa Village! This four-unit income compound sits on a .32-acre fully fenced parcel, offering privacy, security & controlled access. Unit A is a 6-month lease: $1,500/mo. (tenant willing to stay or vacate @ closing), Unit C is an active and CA$H FLOWING Airbnb. Unit B is used as a motor-coach storage garage & engineered w/ full plumbing, electrical, HVAC & commercial-grade infrastructure to allow conversion into a 2-story living space if desired. The rear 2/2 cottage is operating as an annual rental and includes a private outdoor living area & is situated within the property's fully fenced grounds. The center unit is perfect for the boat, or car enthusiast!
Space Coast Context
🚀 Launch Viewing — Great Views
17.3 mi from SLC-40
17.3 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
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Schools
Elementary
Tropical
Middle School
McNair
High School
Rockledge
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4,004
- Property taxes
- $760
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $760K price — down payment shown: $152,000.
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.
