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Three-Building Duplex Portfolio
For Sale
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331 S Brevard Ave, Cocoa Beach, FL 32931

Coastal duplex portfolio with five occupied units and flexibility for long-term or vacation rental use.

Property SizeContact for details
Days on Market143

Property Features for 331 S Brevard Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Buildings 3
Listing Agency: Legacy Real Estate Group
Listed By: Stephanie Stepp · License #BK3324989
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Group

Investment Insights

Based on property information with market context.

This offering includes three duplex buildings comprising six residential units, with five currently occupied by long-term tenants. The properties have a history as vacation rentals and may be converted back for vacation or continued long-term use. Existing grandfathered status permits density above current maximum limits.

The portfolio is located at 331 S Brevard Ave in Cocoa Beach, Florida, approximately two blocks from the beach. Its coastal setting and established residential configuration support both income-producing occupancy and flexible rental positioning.

Key Highlights

  • Three duplex buildings with six total residential units
  • Five units currently occupied by long‑term tenants
  • Approximately two blocks from the beach in Cocoa Beach

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Pharmacy (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

Demographics for 32931, FL

13,643
Population
10,763
Households
1.3
Avg Household Size
60
Median Age
52%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,624
Density / Sq Mi
$84,769
Median Household Income
$51,769
Median Earnings
$1,533
Median Rent
$478,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Coastal duplex portfolio with five occupied units and flexibility for long-term or vacation rental use.
Where is this duplex located?
The property is located at 331 S Brevard Ave Cocoa Beach, FL.
What are key features of this property?
This property features: Three duplex buildings with six total residential units; Five units currently occupied by long‑term tenants; Approximately two blocks from the beach in Cocoa Beach
More about this property
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