Five Condo Package in Cocoa

Five Condo Package in Cocoa

10 bed 5 bath 850 sq ft Built in 1964 Condominium
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69
Occupancy Status
Low High
8 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Attention investors! Don't miss this opportunity to acquire a 5-unit condo portfolio in the growing Cocoa market.

This value-add asset offers immediate cash flow. Three units are currently occupied with leases extending into next year, while two vacant units present an opportunity for quick improvements and rent optimization. Estimated rehab costs are very low, making this a low-barrier investment with strong income potential. 

Prime Cocoa location just minutes from Historic Cocoa Village, Port Canaveral, the Space Coast beaches, and Kennedy Space Center. Strong rental demand, growing employment, and convenient access to shopping, dining, and entertainment make this an attractive long-term investment opportunity.

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We recommend rent
Rental Income
$6,447 mo. / $77,364 yr.
Estimated Taxes
$5,180 / yr.
Maintenance
$1,250 / yr.
HOA Dues
$34,080 / yr.
$26,854
Projected Income
9.06%
Estimated APY
$825
Projected Income
0.28%
Estimated ROI

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