Property summary
This exceptional 16-unit apartment building, known as Peachtree Apartments, presents a compelling investment opportunity in the desirable Cocoa, Florida market. Located at 150 Peachtree Street, 32922, this property boasts a prime location just one block from the scenic Indian River and within walking distance of the vibrant Cocoa Village. Enjoy the convenience of being only 15 minutes away from the popular Cocoa Beach. The building itself is constructed of durable concrete block, ensuring longevity and low maintenance. A significant investment in the property's infrastructure was made with the installation of a new roof in 2016, providing peace of mind for years to come. The property's strong location, coupled with its robust construction and recent improvements, makes it an ideal addition to any investor's portfolio. The asking price for this multifamily property is $1,700,000. This represents a rare chance to acquire a well-maintained, strategically located apartment building in a thriving Florida community. The property is classified as an apartment building within Brevard County. Its precise coordinates are latitude 28.3579311 and longitude -80.7291872.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RU225 · Cocoa, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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