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Duplex with Workshop
For Sale
$235,000

1417 Wilson Road, Cocoa, FL 32922

Residential Income, Cocoa, FL

Property Size1,644 SF
Lot Size0.18 Acres
Price / SF$142.94
Days on Market220

Property Features for 1417 Wilson Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Parking 4
Parking features Assigned, Off Street
Appliances Electric Range, Refrigerator
Subdivision Westland Heights Amended Plat of
Lot features Dead End Street
Elementary school Endeavour
High school Cocoa
Directions On Wilson Road the home is on the south side of the road.
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
Legal Description WESTLAND HEIGHTS, AMENDED PLAT OF LOT 18 & W 1/2 OF 17 BLK 1A

Utilities

Utilities Cable Available
Sewer type Septic Tank
Water source Public

Amenities

screened-in porch
private white vinyl fenced entry

Building Details

Year built 1958
Number of units 2
Flooring type Carpet, Laminate
Building materials Concrete, Frame
Buildings 1
Listing Agency: Lokation Real Estate
Listed By: Robert Klingensmith
Added: Mar 31 Changed: Oct 30 Last Checked: Nov 5 at 5:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1,644-square-foot duplex contains two residences, each with two bedrooms and one bathroom. A screened porch serves the front unit, while the rear unit has its own fenced entry. The property also includes a 379-square-foot workshop and electric range and refrigerator appliances. Built in 1958, the building has concrete and frame construction, laminate and carpet flooring, and assigned and off-street parking.

The duplex sits on a 0.18-acre parcel at 1417 Wilson Road in Cocoa. The sale also includes an adjacent 0.12-acre lot measuring 50 feet by 105 feet, bringing the combined land area to 0.30 acres. The property is on a dead-end street.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Combined 0.30 acres: a 0.18‑acre parcel plus an adjacent 0.12‑acre lot
  • 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 (±1% cap)
NOI $18,722 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$240.4K
$210.4K – $280.5K (±1% cap)
NOI $16,829 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$433.7K
$379.5K – $506.0K (±1% cap)
NOI $30,361 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate two-bedroom residences provide a four-bedroom, two-bathroom configuration.
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; Combined 0.30 acres: a 0.18‑acre parcel plus an adjacent 0.12‑acre lot; 379‑square‑foot workshop
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