Property profile

1615 Flower Mound Ln 1 Cocoa, FL 32922

OFF-MARKET
Apartment buildings
Property ID
US18-6069323
160,394 SF 13.34 ac lot Built 2009
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2009
Construction WOOD FRAME
Total area 160,394 SF
Lot 13.34 ac (581,090 SF)
Zoning code RU-2-10
APN 24-36-30-00-00010.0-0000.00
UPID US18-6069323

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1615 Flower Mound Ln, Unit 1 Cocoa, FL 32922-6332
Cocoa metro Census 62402 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$25.26M
Comparable Approach Comparable
$24.29M
Blend (final) Blend
$16.90M

Owner & transaction history

since 2024
Last sale
$19.2M
3 recorded transactions
2024
$19.2M
2022
$17.1M
2007
$2.4M

Zoning & alternative use

RU-2-10 · Cocoa, FL
Zoning description

This district are intended to apply to an area of mixed, low density multifamily and single family residential development in close proximity to major collector and arterial streets.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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