Medical Center with MRI
For Sale
$350,000
2301 Florida 524, Cocoa, FL 32926
Commercial Sale, Cocoa, FL
Property Size1,200 SF
Price / SF$291.67
Days on Market140
Property Features for 2301 Florida 524
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Subdivision
Cocoa Commons
Directions
Corner of SR 524 and Grissom Rd. in Cocoa, FL. Cocoa Commons/PUBLIX Shopping Center. Unit A135.
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2976
HOA Fee
$713 Monthly
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2001
Floors in Building
1
Number of units
1
Building materials
Block
Listing Agency:
Garcia Real Estate & Mgmt Svc.
Listed By:
Ruben Garcia · License #3086105
(321) 480-4002
Added: Jun 14
Changed: Oct 17
Last Checked: Oct 31 at 11:06AM
MLS# 1079985
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical center in Cocoa houses an Esaote G-scan Brio MRI system within a built-in, RF-shielded imaging suite. The approximately 1,200-square-foot office facility includes reception, patient waiting and changing areas, consultation space, storage, and staff support. The building dates to 2001 and has block construction.
The property is located in Cocoa Commons Shopping Center. The sale includes the MRI machine and imaging suite, and the buyer would assume the current lease, which runs through February 2029. Parking is available in a lot, with public water and public sewer serving the property.
The property is located in Cocoa Commons Shopping Center. The sale includes the MRI machine and imaging suite, and the buyer would assume the current lease, which runs through February 2029. Parking is available in a lot, with public water and public sewer serving the property.
Key Highlights
- Esaote G‑scan Brio MRI system included with sale
- Built‑in MRI suite with an RF‑shielded room
- Approximately 1,200 SF office facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,330
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,600
$326.6K
Cap Rate 7%
$233,286
$233.3K
Cap Rate 9%
$181,444
$181.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$4.1K −$3.46/SF
EGI
$21.8K $18.14/SF
− OpEx
−$5.4K −$4.54/SF
NOI
$16.3K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,600
Cap Rate 7%
$233,286
Cap Rate 9%
$181,444
Alternative Uses
Best Use
Office B
$233.3K
$204.1K – $272.2K
NOI $16,330 @ 7.0% cap · market cap 4.67%
Second Best
Healthcare Medical
$215.8K
$188.8K – $251.7K
NOI $15,103 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 32926, FL
22,693
Population
10,796
Households
2.1
Avg Household Size
49
Median Age
22%
College-Educated
88%
High-School Grad
49.3 sq mi
ZIP Area
460
Density / Sq Mi
$65,092
Median Household Income
$36,795
Median Earnings
$1,297
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical center - An established diagnostic imaging facility includes a dedicated MRI system and patient-support areas.
Where is this medical center located?
The property is located at 2301 Florida 524 Cocoa, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Esaote G‑scan Brio MRI system included with sale; Built‑in MRI suite with an RF‑shielded room; Approximately 1,200 SF office facility
