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657 Brevard Ave Cocoa, FL 32922-7807

OFF-MARKET Office buildings Google Maps
3,693 SF 0.14 ac lot Built 1994
Individually Owned Free & Clear
Estimated value (blended)
$290k
Range $261k – $319k (±10%)
Property ID US18-0565584

Property summary

AI-generated overview

This exceptional commercial property, located at 657 Brevard Avenue in Cocoa, Florida, presents a unique investment opportunity. The single-story building, constructed in 1994, boasts 3,693 square feet of space situated on a 6,098 square foot lot. Its prime location in the heart of Historic Cocoa Village ensures high visibility and accessibility. The building's interior features a welcoming reception area, a convenient kitchenette, a bathroom, and four separate rooms or offices, currently utilized by a dance studio. The property is zoned commercial and benefits from ample on-street parking and access to city utilities. Its strategic location offers unparalleled convenience, being within walking distance of the Indian River Waterway, the amphitheater, Myrt Tharpe Square, Taylor Park, and the vibrant collection of boutiques, restaurants, and galleries that define Cocoa Village. This property is ideal for an owner-operator seeking a thriving business location or an investor looking for a strong rental income stream. The asking price is $969,900. The property's combination of size, location, and existing infrastructure makes it a compelling investment in a highly desirable area. Don't miss this chance to own a piece of Historic Cocoa Village. The zip code is 32922.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,693 SF
Lot 0.14 ac (6,098 SF)
Zoning code CBD
APN 24-36-33-76-00000.0-0001.02
UPID US18-0565584

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
  • Medical Laboratory

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$540k
Blend (final) Blend
$290k

Owner & transaction history

since 2026
3 recorded transactions
2026
$450,000
2020
Price N/A
2012
$265,000

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
Top alternative use upside
Medical building $575,000 +2.3%

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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