329 Pineda Street, Cocoa, FL 32922

$349,900
3
BD
2
BA
1,015
SqFt

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List Price
$349,900
Price Change
▼ $19,100 1782335799
MLS#
1077120
Type
Multifamily
Bedrooms
3
Bathrooms
2
Living Area
1,015
Lot Size
14,375
Year Built
1956

Property Description

Unlock incredible potential with this meticulously updated duplex in the heart of Cocoa. Perfectly positioned on an oversized lot adorned with mature mango and citrus trees, this ''Old Florida'' charmer is a turn-key powerhouse for any investor. This property offers a rare development upside with multi-unit zoning that allows for up to 9 units, providing massive future growth potential. It boasts a proven performance history as a successful, cash-flowing short-term rental with a stellar track record of high occupancy and impressive ROI. Both the 2BR/1BA and the 1BR/1BA units have been completely updated with modern kitchens, newer flooring, and fresh remodels. Guests love the old Florida feel. With ample front parking and a layout designed for maximum income, this property is ready to perform from day one. This is a rare find in a high-demand area. Close to Port Canaveral, historic downtown Cocoa, the beach and the Space Center. Don't miss out on this high-yield Cocoa gem!

Additional Information

Exterior Construction
Frame, Wood Siding
Roof
Membrane
High School
Cocoa
Elementary School
Endeavour
Utilities
Electricity Connected, Water Available
Heating
Electric
Cooling
Wall/Window Unit(s)

Listing courtesy of Keller Williams Realty Brevard.

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Calculator source: Real Geeks