Duplex with Adjacent Buildable
1417 Wilson Road Cocoa, FL 32922
1417 Wilson Road, Cocoa, FL, 32922
$248,000
For Sale
$248,000
MULTI_FAMILY - Cocoa, FL
Property Size1,644 SF
Lot Size0.18 Acres
Price / SF$150.85
Days on Market114
Property Features for 1417 Wilson Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1
- Parking
- 4
- Parking features
- Assigned, Off Street
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 24-36-29-51-00001.A-0018.00
- Size
- 1,644 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WESTLAND HEIGHTS, AMENDED PLAT OF LOT 18 & W 1/2 OF 17 BLK 1A
- Tax Annual Amount
- 2616
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Year built
- 1958
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Concrete, Frame
Listing agency
Lokation Real Estate
(954) 545-5583
Listed by
Robert Klingensmith
(321) 408-2033
Added: Mar 31 Updated: Jul 16 at 7:39PM Checked: Jul 22 at 4:06AM
MLS# 1073355
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two separate 2-bedroom, 1-bath units. The front unit features a screened-in porch. The rear unit has a private entry with a white vinyl fence. In addition to the duplex parcel, the sale includes an adjacent lot totaling 0.30 acres combined, with the main parcel at 1417 Wilson Rd at 0.18 acres and the buildable adjacent lot at 0.12 acres (BCPAO #2422092), measuring 50' x 105'. A 379 sq ft workshop is also included.
The property is tucked away on a quiet dead-end street in Cocoa, FL. Access is described as convenient to SR-520, I-95, and US-1, and public transportation is noted as nearby, with shopping and dining also within easy reach.
The layout supports an owner-occupant scenario with the ability to live in one unit while renting the other. With two independent residences and an additional buildable lot and workshop on-site, the configuration can also appeal to buyers seeking a straightforward duplex with extra on-property utility.
The property is tucked away on a quiet dead-end street in Cocoa, FL. Access is described as convenient to SR-520, I-95, and US-1, and public transportation is noted as nearby, with shopping and dining also within easy reach.
The layout supports an owner-occupant scenario with the ability to live in one unit while renting the other. With two independent residences and an additional buildable lot and workshop on-site, the configuration can also appeal to buyers seeking a straightforward duplex with extra on-property utility.
Key Highlights
- Duplex built in 1958 with 2BR/1BA front unit and 2BR/1BA rear unit (4 bedrooms and 2 bathrooms total)
- Includes adjacent lot totaling 0.30 acres: main parcel at 1417 Wilson Rd (.18 acres) plus 0.12‑acre buildable lot (50' x 105', BCPAO #2422092)
- Additional 379 sq ft workshop on the property
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $17.40 |
| − Vacancy | −$1.9k | −$1.13 |
| EGI | $26.7k | $16.27 |
| − OpEx | −$8.0k | −$4.88 |
| NOI | $18.7k | $11.39 |
1,644 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$267.5K
$234.0K – $312.0K
NOI $18,722 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$240.4K
$210.4K – $280.5K
NOI $16,829 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$433.7K
$379.5K – $506.0K
NOI $30,361 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units plus an adjacent buildable lot and workshop offer flexible income or owner-occupant living.
Where is this duplex located?
The property is located at 1417 Wilson Road Cocoa, FL.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Duplex built in 1958 with 2BR/1BA front unit and 2BR/1BA rear unit (4 bedrooms and 2 bathrooms total); Includes adjacent lot totaling 0.30 acres: main parcel at 1417 Wilson Rd (.18 acres) plus 0.12‑acre buildable lot (50' x 105', BCPAO #2422092); Additional 379 sq ft workshop on the property
