1229-1231 King St Cocoa, FL 32922

This exceptional commercial property, located at 1229-1231 W King Street in Cocoa, Florida, presents a unique investment opportunity. The property comprises three tax parcels (2424549, 2424542, and 2443422) encompassing 22,215.6 square feet of land, and includes easement rights across parcel 2461749. The property features two buildings, both single-story structures built in 1963. One building is currently under a five-year lease at $2,000 per month plus sales tax, providing immediate rental income. The second building is rented on a month-to-month basis, offering flexibility for the new owner. The property's high visibility on King Street makes it ideal for a variety of retail uses. The current configuration allows for owner-occupancy, negotiation of a new lease with the existing tenant, or the potential to subdivide the buildings to create four separate units, each with two bathrooms. This versatile property offers significant potential for growth and return on investment. The asking price is $489,900. The property's zip code is 32922.