Duplex with New
439 Barbara Jenkins Street, Cocoa, FL 32922
For Sale
$267,000
Two separate residences each offer updated kitchens, laundry connections, and enclosed rear yards.
Property Size1,248 SF
Price / SF$213.94
Days on Market161
Property Features for 439 Barbara Jenkins Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Tenant in Place
Amenities
laundry hookups
fenced back yards
Building Details
Year Built
Construction
Listing Agency:
Dalton Wade Inc.
Listed By:
Sean H Hartley · License #3317212
(321) 323-9784
Source:
Mccoyfreeman
Added: Jun 2
Changed: Nov 8
Last Checked: Nov 8 at 9:05PM
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 Dalton Wade Inc.
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Investment Insights
Based on property information with market context.
This 1,248-square-foot duplex dates to 1962 and has concrete-block construction with stucco exterior. Each residence contains two bedrooms and one bathroom, for a combined four bedrooms and two bathrooms. The property has a new roof and updated kitchens.
Both units include laundry hookups, and each has a fenced backyard. City water and sewer serve the property. There are no HOA, CDD, community, or association fees.
Both units include laundry hookups, and each has a fenced backyard. City water and sewer serve the property. There are no HOA, CDD, community, or association fees.
Key Highlights
- 1,248‑square‑foot duplex built in 1962
- Two units, each with 2 bedrooms and 1 bathroom
- Concrete‑block construction with stucco exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,213
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,260
$284.3K
Cap Rate 7%
$203,043
$203.0K
Cap Rate 9%
$157,922
$157.9K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$21.7K $17.40/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$20.3K $16.27/SF
− OpEx
−$6.1K −$4.88/SF
NOI
$14.2K $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%
$284,260
Cap Rate 7%
$203,043
Cap Rate 9%
$157,922
Alternative Uses
Best Use
Multifamily LT 5
$203.0K
$177.7K – $236.9K
NOI $14,213 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$182.5K
$159.7K – $212.9K
NOI $12,775 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$329.3K
$288.1K – $384.1K
NOI $23,048 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,330
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
$176,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brevard County, FL
Properties on Market for Duplexes in Brevard County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each offer updated kitchens, laundry connections, and enclosed rear yards.
Where is this duplex located?
The property is located at 439 Barbara Jenkins Street Cocoa, FL.
What is the asking price?
The asking price for this property is $267,000.
What are key features of this property?
This property features: 1,248‑square‑foot duplex built in 1962; Two units, each with 2 bedrooms and 1 bathroom; Concrete‑block construction with stucco exterior
