Two-Unit Duplex with
For Sale
$235,000
1417 Wilson Road, Cocoa, FL 32922
Two separate residences offer a combined four-bedroom, two-bathroom configuration, with an additional workshop and adjacent parcel.
Property Size1,644 SF
Lot Size0.30 Acres
Price / SF$142.94
Days on Market151
Property Features for 1417 Wilson Road
General Information
Standard status
Active
Size
1,644 SF
Lot size
0.30 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,616
Amenities
screened-in porch
vinyl fenced entry
Building Details
Building Size
1,644 SF
Year Built
1958
Listing Agency:
Lokation Real Estate
Listed By:
Robert Klingensmith
(954) 545-5583
Source:
Inthehomezonerealty
Added: Jun 2
Changed: Oct 26
Last Checked: Oct 30 at 7:54AM
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 Lokation Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms and one bathroom. A screened porch serves the front unit, while the rear unit has a separate entry enclosed by white vinyl fencing. The property also includes a 379-square-foot workshop.
The duplex occupies a 0.18-acre parcel, and the sale includes an adjoining 0.12-acre lot measuring 50 feet by 105 feet, for a combined land area of 0.30 acres. Built in 1958, the property is located at 1417 Wilson Road in Cocoa, Florida.
The duplex occupies a 0.18-acre parcel, and the sale includes an adjoining 0.12-acre lot measuring 50 feet by 105 feet, for a combined land area of 0.30 acres. Built in 1958, the property is located at 1417 Wilson Road in Cocoa, Florida.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Screened porch at the front residence; separately fenced entry for the rear unit
- 379‑square‑foot workshop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,722
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,440
$374.4K
Cap Rate 7%
$267,457
$267.5K
Cap Rate 9%
$208,022
$208.0K
Market Conditions
NOI Build-Up for 1,644 SF
Gross rent
$28.6K $17.40/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$26.7K $16.27/SF
− OpEx
−$8.0K −$4.88/SF
NOI
$18.7K $11.39/SF
Area
Brevard County, FL
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,440
Cap Rate 7%
$267,457
Cap Rate 9%
$208,022
Alternative Uses
Best Use
Multifamily LT 5
$267.5K
$234.0K – $312.0K
NOI $18,722 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$240.4K
$210.4K – $280.5K
NOI $16,829 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$433.7K
$379.5K – $506.0K
NOI $30,361 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
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Business Placement
Demographics for 32922, FL
15,923
Population
8,667
Households
1.8
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
2,949
Density / Sq Mi
$46,138
Median Household Income
$35,125
Median Earnings
$1,057
Median Rent
$176,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a combined four-bedroom, two-bathroom configuration, with an additional workshop and adjacent parcel.
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 $235,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Screened porch at the front residence; separately fenced entry for the rear unit; 379‑square‑foot workshop
