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    OFF-MARKET
    Small apartment buildings

    2317 Cocoa Blvd, Cocoa, FL 32922

    Built 1972
    Individually Owned
    Property ID
    US18-0521290
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1972
    UPID US18-0521290
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Huan Nguyen
    Huan Nguyen
    since 2025
    4 recorded transactions
    2025
    $239,000
    2023
    2021
    $220,000
    2019
    $190,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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