$1,299,000
$576K PRICE DROP

Estimated payment $8,506/month

Total Views 7,484
9 Beds
-- Bath
5,951 Sq Ft
$218 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • River View
  • Wood Flooring
  • Tropical Elementary School Rated 9+
  • 0.59 Acre Lot
  • No HOA

About This Home

Own a piece of history! This amazing 12 unit complex right in Cocoa Village is a turn key income producing property, with 100' of water frontage. Each unit is unique, some with their own balconies, water views, and multi level rooms. From studios, 1 bed, 2 beds, and a 3 bed unit, there is unlimited opportunity. There is a front main entrance with interior stairs to access the units, as well as a rear access to the main parking area. With all parking in the rear of the building, you have a clear view to the Indian River from almost every unit. See attached document for further info on units.

Listing Agent

Brandon Phillips

Blue Marlin Real Estate License #3473138 Listed on: 09/10/2025

Blue Marlin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,801

Year Built

  • Built in 1922

Lot Details

  • 0.59 Acre Lot
  • 100 Feet of Waterfront
  • River Front
  • East Facing Home

Parking

  • 2 Car Garage
  • 14 Open Parking Spaces
  • Garage Door Opener
  • Parking Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 9 Bedrooms
  • 5,951 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • River Views

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Tropical Elementary School
  • Mcnair Middle School
  • Rockledge High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-33-81-00000.0-0008.00

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Derbys Addn To Cocoa Subdivision

Building Details

  • Gross Income $141,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,801

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1922
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: River
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Derbys Addn To Cocoa
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-33-81-00000.0-0008.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: McNair
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 17801.4
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 5951.0
  • General Property Information Lot Size Acres: 0.59
  • General Property Information Lot Size Square Feet2: 25700.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 3
  • Levels Three Or More: Yes
  • General Property Information Number Of Units Total2: 12.0
  • General Property Information Water Frontage Feet: 100
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information CDD Fee YN: No
  • Cooling Multi Units: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Total Bedrooms: 9
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.59
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Parking Lot
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Open Parking Spaces2: 14.0
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Multi Units, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: McNair

Lot Info

  • Current Use: Investment
  • Lot Size Sq Ft: 25700.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2426376
  • Parcel #: 24-36-33-81-00000.0-0008.00

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17801.4

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 141720.0
  • Income Includes: ["Rent Only"]

MLS Schools

  • Elementary School: Tropical
  • High School: Rockledge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $1,299,000 0.0% $218 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $1,299,000 -7.1% $218 / Sq Ft
05/31/2025 05/31/25 Price Changed $1,399,000 -6.7% $235 / Sq Ft
03/27/2025 03/27/25 For Sale $1,499,000 0.0% $252 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
02/21/2025 02/21/25 Price Changed $1,499,000 -4.8% $252 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,575,000 -1.6% $265 / Sq Ft
12/03/2024 12/03/24 Price Changed $1,600,000 -8.5% $269 / Sq Ft
09/16/2024 09/16/24 Price Changed $1,749,000 -6.7% $294 / Sq Ft
07/28/2024 07/28/24 For Sale $1,875,000 +119.0% $315 / Sq Ft
05/15/2018 05/15/18 Sold $856,000 -2.6% $144 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $879,000 +2.7% $147 / Sq Ft
02/20/2018 02/20/18 Off Market $856,000 -- --
02/19/2018 02/19/18 For Sale $879,000 -- $147 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1020735

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-33-81-00000.0-0008.00