Estimated payment $2,987/month
Total Views
3,097
8
Beds
4
Baths
3,000
Sq Ft
$157
Price per Sq Ft
About This Home
Incredible Quadplex Investment Opportunity in Cocoa – 4 Units, Huge Lot, and Endless Potential for Expansion! This is your chance to own a prime multi-family investment property in Cocoa! This spacious quadplex sits on a massive 30,000+ square foot lot and boasts four 2-bedroom, 1-bathroom units, offering a tremendous opportunity for both immediate cash flow and future growth. Whether you're an investor looking for a turn-key property or someone ready to unlock the potential of this large lot, this property delivers endless possibilities! The quadplex features two levels, with two units on the bottom and two on the top, all surrounded by lush greenery providing privacy and a serene atmosphere. The lot is so expansive, there's plenty of room for parking, storage, or even adding two additional duplexes—truly a rare find in this area. Recent updates have made this property ready for your next investment. The home boasts a beautiful, freshly painted exterior, a brand-new roof (just 3 years old), and two brand-new AC units that will keep the tenants comfortable year-round. The central air serves the top two units, while the bottom two feature wall-mounted AC units with evaporators in the attic. The property also has a new electrical panel and newer water heaters, ensuring major systems are in excellent condition. Inside, each of the four units is generously sized, with spacious living rooms and luxurious, durable tile flooring throughout. The units have been well-maintained, but they do need some light TLC to bring the kitchens and bathrooms up to modern standards—an ideal opportunity for an investor to increase rental rates. The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month! With four separate electric meters and one water meter, the property offers convenient and efficient utilities. The massive backyard offers plenty of space for outdoor activities or even future development, making this an investor’s dream. Whether you’re looking to renovate and increase rents, or simply sit back and collect the cash flow, this quadplex offers the flexibility and potential you’ve been looking for. This is the perfect opportunity to own a well-located property with great income potential. Don't miss out—schedule your showing today and turn this Cocoa gem into your next big investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,427
Year Built
- Built in 1955
Lot Details
- 0.55 Acre Lot
Home Design
- 3,000 Sq Ft Home
- Quadruplex
- Brick Foundation
- Slab Foundation
- Shingle Roof
- Cement Siding
- Block Exterior
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Septic Tank
Community Details
- No Home Owners Association
- 4 Buildings
- 4 Units
- Atkinson Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Block *
- Assessor Parcel Number 24 3620-51-*-6.04
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,928 | $235,200 | $16,610 | $218,590 |
| 2022 | $3,122 | $138,600 | $0 | $0 |
| 2021 | $2,927 | $106,880 | $16,610 | $90,270 |
| 2020 | $2,770 | $104,780 | $16,610 | $88,170 |
| 2019 | $2,642 | $104,780 | $16,610 | $88,170 |
| 2018 | $2,601 | $100,000 | $0 | $100,000 |
| 2017 | $2,512 | $92,000 | $0 | $92,000 |
| 2016 | $2,437 | $84,000 | $0 | $0 |
| 2015 | $2,401 | $80,000 | $15,840 | $64,160 |
| 2014 | $2,338 | $75,000 | $15,840 | $59,160 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2025 06/21/25 | Price Changed | $469,999 | 0.0% | $157 / Sq Ft |
| 06/21/2025 06/21/25 | For Sale | $469,999 | -4.1% | $157 / Sq Ft |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $489,999 | -0.8% | $163 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $493,999 | -1.2% | $165 / Sq Ft |
| 06/01/2025 06/01/25 | Price Changed | $499,999 | -1.6% | $167 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $507,999 | -1.4% | $169 / Sq Ft |
| 05/20/2025 05/20/25 | Price Changed | $514,999 | -1.0% | $172 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $519,999 | -1.9% | $173 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $529,999 | -- | $177 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Similar Home in Cocoa, FL
Source: Stellar MLS
MLS Number: TB8382283
APN: 24-36-20-51-00000.0-0006.04
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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