2317 Cocoa Blvd, Cocoa, FL 32922
This exceptional Cocoa, Florida mixed-use property, located on Cocoa Boulevard near the proposed Brightline station, presents a unique investment opportunity. The 5,662.8 sq ft lot houses a two-unit duplex, each fully renovated. Unit 1 offers approximately 686 sq ft with 2 bedrooms and 2 bathrooms, while Unit 2 boasts approximately 946 sq ft, also with 2 bedrooms and 2 bathrooms. The property includes four dedicated parking spaces. Significant improvements completed since 2021 exceed $150,000 and encompass a new roof (including gutters, drip edge, soffit, and fascia), a new fence, driveway repairs, and complete plumbing and electrical overhauls. This includes new water and sewer lines, a new septic tank and drain field, four new water heaters, four new electrical panels, and updated interior and exterior electrical fixtures. Both units feature new AC units, LVP flooring, updated bathrooms (toilets, tubs, vanities, fixtures, tile, and paint), new interior doors, and new locks. Exterior improvements include extensive wall repairs and fresh paint. The laundry facilities have also been upgraded. Zoned C-G General Commercial, this property offers flexibility for both residential and commercial use, making it an ideal investment in a high-visibility, high-traffic area. The property's proximity to the proposed Brightline station further enhances its potential for future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.