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    O Kathi-Kim Cocoa, FL 32926

    Sponsored
    For Sale
    $350,000

    6.6-Acre Wooded Tract, High Growth Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.6-acre (287,932 sq ft) wooded lot presents a remarkable investment opportunity in Cocoa, Florida. Ideally situated in Brevard County, this property boasts convenient access to I-95, ensuring effortless commutes and connectivity. Its prime location offers proximity to a range of amenities, including shopping centers and recreational facilities, enhancing its appeal and potential for development. The land's zoning allows for various development options, including single-family homes, duplexes, or multifamily housing, catering to diverse market demands. The presence of all utilities near the site simplifies the development process, minimizing infrastructure costs and accelerating project timelines. Furthermore, the property's strategic location places it within walking distance of elementary, high schools, and a college, making it an attractive location for families and students. This combination of factors – prime location, versatile zoning, utility accessibility, and proximity to educational institutions – positions this property as an exceptional investment with significant potential for future appreciation and strong rental income. The asking price is $350,000. This is a rare opportunity to acquire a substantial land parcel in a thriving Florida community.

    Property Features for 0 O Kathi-Kim

    General Information

    Property type
    Multifamily properties

    HighLights

    • $350,000 asking price.
    • 6.6‑acre lot (287,932 sq ft) in Cocoa, FL.
    • Multifamily development potential.
    • Utilities readily available.
    • Near schools and I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7697828
    Latitude
    28.3725575

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    FAQs

    What type of property is this?
    Multifamily property - 6.6-Acre Wooded Tract, High Growth Potential
    Where is this multifamily property located?
    The property is located at O Kathi-Kim 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: $350,000 asking price.; 6.6-acre lot (287,932 sq ft) in Cocoa, FL.; Multifamily development potential.
    Request Owner's contact information
    O Kathi-Kim Cocoa, FL 32926
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    Cocoa, FL 32926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    O Kathi-Kim Cocoa, FL 32926
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