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    5400 Edgewater Ct Cocoa, FL 32927

    Sponsored
    For Sale
    $725,000

    Prime Cocoa, FL commercial/residential lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38,768 square foot lot presents a unique investment opportunity in Cocoa, Florida. Located at 5400 Edgewater Court, this property boasts 132 feet of direct frontage on the Indian River, offering breathtaking, unobstructed east-facing views of stunning sunrises and even rocket launches from the nearby Kennedy Space Center. The fully wooded and secluded lot provides a tranquil setting, enhanced by mature trees offering privacy and natural beauty. Its commercial/residential zoning allows for diverse development possibilities, catering to both residential and commercial ventures. The convenient location provides quick access to major roadways, including State Road 528, offering easy commutes to Orlando and other nearby areas. The proximity to Kennedy Space Center and the beaches further enhances its appeal. This nearly one-acre parcel is ideal for those seeking a prime location to build their dream home or develop a commercial enterprise, taking advantage of the stunning waterfront views and desirable location. Drive-bys are welcome. The asking price is $725,000. The property is situated in Brevard County, Florida, zip code 32927.

    Property Features for 5400 Edgewater Ct

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.762184
    Latitude
    28.460534

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    FAQs

    What type of property is this?
    Land - Prime Cocoa, FL commercial/residential lot.
    Where is this land located?
    The property is located at 5400 Edgewater Ct Cocoa, FL.
    What is the asking price?
    The asking price for this property is $725,000.
    Request Owner's contact information
    5400 Edgewater Ct Cocoa, FL 32927
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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
    5400 Edgewater Ct Cocoa, FL 32927
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