Waterfront Multifamily
For Sale
$2,300,000
241 Indian River Drive, Cocoa, FL 32922
Four residences provide flexible multigenerational living and income-producing rental potential.
Property Size6,073 SF
Days on Market51
Property Features for 241 Indian River Drive
General Information
Standard status
Active
Size
6,073 SF
Total Parking Spaces
3
Elevators
Yes
Property subtype
Residential Income
Zoning
Multi Family
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$15,891
Amenities
private covered dock
boat lift
screened porch
Building Details
Building Size
6,073 SF
Buildings
4
Stories
1
Units
4
Listing Agency:
Dale Sorensen Real Estate Inc.
(321) 446-9035
Listed By:
Kim Tillett · License #651304
(321) 446-9035
Source:
Jedwardsfl
Added: Jul 11
Changed: Aug 30
Last Checked: Aug 30 at 5:40PM
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 Dale Sorensen Real Estate Inc.
Investment Insights
Based on property information with market context.
This waterfront multifamily compound at 241 Indian River Dr includes four separate residences with a combined 9 bedrooms and 9.5 bathrooms. The principal home was completed in 2022 and features three bedrooms, three bathrooms, a private elevator, 12-foot ceilings, 9-foot doors, hardwood floors, and a gourmet kitchen equipped with a Wolf gas range, Sub-Zero refrigerator, Miele coffee system, wine bar, custom cabinetry, and brick accents.
The property also includes a preserved Victorian residence with three bedrooms, 3.5 bathrooms, and vintage furnishings; an appointed Airbnb cottage with a screened porch; and a detached three-car garage with a furnished one-bedroom apartment and private patio. Outdoor improvements include 133 feet of direct Indian River frontage, a covered dock, and a 10K LB boat lift. The Cocoa Village shops, restaurants, and entertainment are within walking distance.
The property also includes a preserved Victorian residence with three bedrooms, 3.5 bathrooms, and vintage furnishings; an appointed Airbnb cottage with a screened porch; and a detached three-car garage with a furnished one-bedroom apartment and private patio. Outdoor improvements include 133 feet of direct Indian River frontage, a covered dock, and a 10K LB boat lift. The Cocoa Village shops, restaurants, and entertainment are within walking distance.
Key Highlights
- Four separate residences with 9 bedrooms and 9.5 bathrooms
- 133 feet of direct Indian River frontage
- 2022 custom‑built principal residence with private elevator
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,209
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four residences provide flexible multigenerational living and income-producing rental potential.
Where is this multifamily property located?
The property is located at 241 Indian River Drive Cocoa, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four separate residences with 9 bedrooms and 9.5 bathrooms; 133 feet of direct Indian River frontage; 2022 custom‑built principal residence with private elevator
