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    161 S Shepard Dr Cocoa Beach, FL 32931

    Picture of Commercial land at S Shepard Dr 161, Cocoa Beach, FL
    For Sale
    $717,900

    Unimproved Land - Cocoa Beach, FL

    Type:Unimproved Land
    Lot size:
    0.36 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 161 S Shepard Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Commercial/Residential/Office
    APN
    24-37-26-Ch-00000.0-0004.00
    Exterior features
    Few Trees
    Lot size
    0.36 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty Brevard (321) 259-1170 [email protected]

    Listing agent Jason Hawi (321) 259-1170

    Listing date Sep 20, 2025

    MLS# 1032993 Listing URL

    Copyright © 2025 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.

    Overview

    Cocoa Beach Unimproved Land

    Located in the heart of Cocoa Beach, this unimproved land offers proximity to both river-facing homes and the Atlantic Ocean. The property is situated within walking distance of the ocean's commercial activity. Zoned for multifamily dwellings, professional businesses, bed & breakfast establishments, stores and services, pet care facilities without boarding, tattoo studios, and drive-through facilities, this 0.36-acre lot provides opportunities for development within the Gateway Redevelopment District. The location allows for the construction of a personalized property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.60808
    Latitude
    28.368208

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    FAQs

    What type of property is this?
    Commercial land - Unimproved land in Cocoa Beach, close to the Atlantic Ocean.
    Where is this commercial land located?
    The property is located at 161 S Shepard Dr Cocoa Beach, FL.
    What is the asking price?
    The asking price for this property is $717,900.
    What are key features of this property?
    This property features: - Zoned for diverse uses including multifamily dwelling, business, B&B, stores, and more.; - Located in the Gateway Redevelopment District.; - Walking distance to the Atlantic Ocean.
    (321) 259-1170
    Request Owner's contact information
    161 S Shepard Dr Cocoa Beach, FL 32931
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    Cocoa Beach, FL 32931
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    161 S Shepard Dr Cocoa Beach, FL 32931
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