6501 Poinsetta Ave Cocoa Beach, FL 32931
This meticulously maintained 1984-built, two-story quadruplex in Cocoa Beach, Florida, presents a lucrative investment opportunity. Situated on a 0.29-acre lot, this property boasts four units, each approximately 1,038 square feet, featuring two bedrooms, one full bath, and one half bath. Recently renovated between 2020 and 2024, the units are currently generating significant rental income, with each commanding rents ranging from $6,250 to $8,020. The property includes high-end appliances, counters, bathrooms, and professionally decorated furnishings, making it a turnkey operation. Exterior amenities include a front patio, private second-floor balconies with sitting areas, and a privacy-fenced backyard. Each unit also offers a grill, fire pit, and outdoor seating. Guest amenities include bicycles, games, beach chairs, coolers, boogie boards, and floats. The property's location is exceptional, just two blocks from the beach and a short walk to the Cocoa Beach Pier, offering easy access to restaurants and fishing. Adding to the property's appeal is a 2021 Forest River Cottage Park Model RV on a concrete pad with full hookups, potentially usable as a fifth Airbnb unit (buyer to verify legality). Ten off-street parking spaces are available. The property is zoned 0840 Residential Quadruplex. All furnishings are included in the sale (excluding owner's personal items). This is a truly exceptional opportunity for a high-return investment in a desirable vacation rental location.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.