Property profile

505 Brevard Ave Cocoa, FL 32922

FOR SALE
Banks
Property ID
US18-6090693
17,323 SF 1.33 ac lot Built 1956
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Suite 102 is a fully built-out professional office space within the Chase Bank Building. The interior layout includes multiple private offices and an open workspace, designed to support both focused work and shared collaboration within the same suite. The suite is located in Downtown Cocoa Village at the corner of Brevard Avenue and Orange Boulevard, directly across from City Hall. The building provides access to a large onsite parking lot suitable for staff and visitors, and the setting is within a walkable downtown area with nearby shops, restaurants, and services. The space is configured for professional office use, including professional service firms, consulting groups, and administrative offices.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,323 SF
Lot 1.33 ac (57,935 SF)
Zoning code CBD
APN 24-36-33-35-00000.0-0036.00
UPID US18-6090693

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Life Coach
  • IT Consulting Firm Tech Support Center
  • Counselor Non-Profit Organization
  • Law Firm

Location

505 Brevard Ave Cocoa, FL 32922
Cocoa metro Census 71500 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$880k
Blend (final) Blend
$635k

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
1992
$488,300

Zoning & alternative use

CBD · Cocoa, FL
Zoning description

This district are intended to apply to the central commercial, professional, financial, governmental and civic core of the city as described in the comprehensive plan and which is entirely within a designated redevelopme…

General category CIVIC_INSTITUTIONAL

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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