3611 Indian River Dr Cocoa, FL 32926

This exceptional .52-acre (22,651 sq ft) commercial and residential lot presents a unique investment opportunity in Cocoa, Florida. Located on Indian River Drive, just five miles north of Cocoa Village, this property boasts beautiful frontage on the Indian River and stunning lake views. The lot is situated alongside an eight-acre nature preserve, ensuring lasting privacy and natural beauty. The cleared, high elevation lot requires minimal fill for construction, making it ideal for immediate development. Included in the $278,800 asking price is membership in the Twin Lakes community HOA, costing $300 annually in 2024, which covers maintenance of common areas, the waterfront park, and dock. The property offers peek-a-boo views of the Indian River and is significantly larger than comparable lots in the area, which typically range from 7,800 to 9,500 square feet and command higher prices. A five-bedroom house plan (adaptable to four bedrooms plus an office) is available for the buyer's consideration. While viewing is permitted, please refrain from entering the property without prior contact. The total lot size is 23,958 square feet, and the property is zoned for both commercial and residential use.