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    657 Brevard Ave Cocoa, FL 32922

    • Office buildings
    • 3,693 SF
    • 0.14 lot acres
    For Sale
    View listing
    $969,900
    Value Estimation
    Location Intelligence
    Property ID
    US18-0565584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pathology & Medical Lab / Medical Laboratory

    Property Details for 657 Brevard Ave

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    3,693 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    24-36-33-76-00000.0-0001.02
    APU
    9223372036854775807

    Description

    This exceptional commercial property, located at 657 Brevard Avenue in Cocoa, Florida, presents a unique investment opportunity. The single-story building, constructed in 1994, boasts 3,693 square feet of space situated on a 6,098 square foot lot. Its prime location in the heart of Historic Cocoa Village ensures high visibility and accessibility. The building's interior features a welcoming reception area, a convenient kitchenette, a bathroom, and four separate rooms or offices, currently utilized by a dance studio. The property is zoned commercial and benefits from ample on-street parking and access to city utilities. Its strategic location offers unparalleled convenience, being within walking distance of the Indian River Waterway, the amphitheater, Myrt Tharpe Square, Taylor Park, and the vibrant collection of boutiques, restaurants, and galleries that define Cocoa Village. This property is ideal for an owner-operator seeking a thriving business location or an investor looking for a strong rental income stream. The asking price is $969,900. The property's combination of size, location, and existing infrastructure makes it a compelling investment in a highly desirable area. Don't miss this chance to own a piece of Historic Cocoa Village. The zip code is 32922.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $365,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $280,000
      Mixed-Use
      $280,000
      Hospitality
      $295,000
      Educational
      $360,000
      Residential Income
      $280,000
      Energy
      $300,000
      Income-Based Land
      $355,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Cocoa
    County
    Brevard
    State
    Florida
    Longitude
    -80.7264
    Latitude
    28.3508
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,056
    $41,770
    $292,040
    $333,810
    -
    $41,770
    $292,040
    $333,810

    Comparable in this City

    • Value Estimation by Request
      46,662 SF

      65 Stone St

      OFFICE BUILDING (MULTI-STORY) • 46,662 SF
      65 Stone St, Cocoa, FL 32922-7982
      View Details
    • Value Estimation by Request
      11,113 SF

      401 Varr Ave

      OFFICE BUILDING • 11,113 SF
      401 Varr Ave, Cocoa, FL 32922-8632
      View Details
    • Value Estimation
      $250,000
      12,080 SF

      Cocoa, FL 32922

      OFFICE BUILDING • 12,080 SF
      Cocoa, FL 32922
      View Details
    • Value Estimation by Request
      11,108 SF

      840 Forrest Ave

      OFFICE BUILDING (MULTI-STORY) • 11,108 SF
      840 Forrest Ave, Cocoa, FL 32922-7517
      View Details
    • Value Estimation
      $455,000
      1,932 SF

      526 Brevard Ave

      OFFICE BUILDING (MULTI-STORY) • 1,932 SF
      526 Brevard Ave, Cocoa, FL 32922-7974
      View Details
    • Value Estimation
      $315,000
      1,154 SF

      1303 Clearlake Rd

      OFFICE BUILDING • 1,154 SF
      1303 Clearlake Rd, Cocoa, FL 32922-6482
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • New
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      5,000 SF

      Versatile Commercial Property in Cocoa, FL

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    657 Brevard Ave
    Cocoa, FL 32922
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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
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