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    Turnkey Duplex in Cocoa, FL

    717 LUNAR LAKE CIRCLE Cocoa, FL 32926

    717 LUNAR LAKE CIRCLE, Cocoa, FL, 32926
    $319,900
    For Sale
    Claim this Listing
    $319,900

    Duplex - COCOA, FL

    Property Size837 SF
    Lot Size0.10 Acres
    Price / SF$382.20
    AddedFeb 20
    Days on Market145
    Last RefreshJul 15 at 7:06 am

    Property Features for 717 LUNAR LAKE CIRCLE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RU-2-10
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Parking features
    Carport
    Interior features
    Primary Bedroom Main Floor
    Exterior features
    Lighting
    Standard status
    Active
    APN
    24 3630-25-B-8
    Size
    837 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1760.05

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Number of units
    2
    Building materials
    Block, Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Listing agent Camila Ortiz License #3499215

    Listing office LPT REALTY, LLC 1400 South International Parkw, Lake Mary, FL

    Listing date Feb 20, 2026

    MLS# O6384456 Listing URL

    Copyright © 2026 Stellar MLS. 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.

    Located in Cocoa, FL, this turnkey duplex presents an excellent investment opportunity or a flexible living arrangement. The multi-family property features two separate units, each offering 2 bedrooms and 1 bathroom within over 800 sq ft of living space. Tenants are already in place, providing immediate rental income for investors. The location offers convenient access to shopping, dining, and everyday services, as well as proximity to Cocoa-area beaches. Each unit is designed for functionality and privacy, featuring spacious living areas, efficient kitchens, and well-appointed bathrooms, suitable for small households, professionals, or seasonal residents. The property is located on a lot of 0.1 acres. This duplex delivers versatility, income potential, and long-term value in a growing area, suitable for long-term leasing, shorter-term rental strategies, or living in one unit while renting the other.

    Key Highlights

    • Turnkey, income‑producing duplex with tenants already in place for immediate rental income.
    • Each unit features 2 bedrooms and 1 bathroom with over 800 sq ft of living space.
    • Convenient location with access to shopping, dining, everyday services, and Cocoa‑area beaches.

    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 $14.6k $17.40
    − Vacancy −$947 −$1.13
    EGI $13.6k $16.27
    − OpEx −$4.1k −$4.88
    NOI $9.5k $11.39
    837 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $136.2K
    $119.2K – $158.9K (±1% cap)
    NOI $9,532 @ 7.0% cap · market cap 2.98%
    Second Best
    Apartment 5plus
    $122.4K
    $107.1K – $142.8K (±1% cap)
    NOI $8,568 @ 7.0% cap · market cap 2.68%
    Theoretical Best
    Office A
    $220.8K
    $193.2K – $257.6K (±1% cap)
    NOI $15,458 @ 7.0% cap · market cap 4.83%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Nail Salon Skin Care Clinic HVAC Service Plumbing Service Gym & Fitness Center Daycare Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with two units, ideal for investors or flexible living.
    Where is this duplex located?
    The property is located at 717 LUNAR LAKE CIRCLE Cocoa, FL.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: Turnkey, income‑producing duplex with tenants already in place for immediate rental income.; Each unit features 2 bedrooms and 1 bathroom with over 800 sq ft of living space.; Convenient location with access to shopping, dining, everyday services, and Cocoa‑area beaches.
    Contact an agent
    (407) 234-8377
    We can help!
    Contact an agent
    Camila Ortiz
    Camila Ortiz
    Real Estate License ID: 3499215
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