$1,850,000
Cocoa Beach, FL 32931
MLS# 1071565
2 baths
1 / 47
Property Description
Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.
Details
Maps
Documents
Location, Tax, and Legal
Tax Account: 2521825
Parcel Number: 25-37-23-Dg-00024.0-0007.00
General County Location: Central
Tax Annual Amount: 23781.3
Tax Year: 2025
Tax Legal Description: CLEGGMOOR SUBD LOT 7 & 8 BLK 24
Directions: On corner of S. Atlantic & 9th Street South
General Property Information
Number Of Units Total: 8
Stories Total: 2
Building Area Total: 5972
Lot Size Acres: 0.48
Association YN: No
List Price/SqFt: 309.78
Bathrooms Total: 2
Year Built: 1963
Remarks and Miscellaneous
Public Remarks: Turnkey multi-family opportunity in South Cocoa Beach just steps from the sand. Situated on a desirable half-acre lot directly across from the beach with convenient public access, this property was completely renovated inside & out in 2017/2018. Including plumbing, electrical, hurricane windows and doors, flooring, kitchens, and bathrooms, roof, landscaping, etc. The building features a desirable unit mix of seven 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Residents enjoy ample parking with 14 dedicated spaces and the convenience of on-site laundry. Ideally located near the growing tourism market, thriving Space Coast industry, and expanding Brevard County tech sector, making this a strong investment opportunity in one of the area's most sought-after beachside communities.
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Parking Features
Unassigned: 1
Income and Expenses
Gross Income: 162000
Owner Pays
Common Area Maintenance: 1
Exterior Maintenance: 1
Grounds Care: 1
HVAC Maintenance: 1
Insurance: 1
Pest Control: 1
Repairs: 1
Roof Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Sewer
Private Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Hot Water: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 20400
Unit SqFt: 700
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027
Unit 2 Details
Unit ID: 2
Annual Rent: 19200
Unit SqFt: 549
# Units (This Type): 2
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 1/14/2027
Unit 3 Details
Unit ID: 3
Annual Rent: 20400
Unit SqFt: 737
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027
Unit 4 Details
Unit ID: 4
Annual Rent: 21300
Unit SqFt: 878
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 11/30/2026
Unit 5 Details
Unit ID: 5
Annual Rent: 20400
Unit SqFt: 700
# Units (This Type): 5
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased 3/15/2026
Unit 6 Details
Unit ID: 6
Annual Rent: 20400
Unit SqFt: 703
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 10/5/2026
Unit 7 Details
Unit ID: 7
Annual Rent: 20400
Unit SqFt: 703
# Units (This Type): 7
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased 9/30/2027 & rent changes to 1725 on 10/1/26
Unit 8 Details
Unit ID: 8
Annual Rent: 20700
Unit SqFt: 878
# Units (This Type): 8
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Leased through 1/31/2027
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Separate Electric Meters: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Existing Lease Type
Other: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,850,000
Original List Price: 1850000
List Price: $1,850,000
Status: Active
Listing Contract Date: 2026-03-11
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 888
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cleggmoor Subd
Status Change Information
Major Change Timestamp: 2026-03-11T14:09:28Z
Major Change Type: New Listing
Status Change Timestamp: 2026-03-11
Property Features
Construction Materials: Block; Stucco
Cooling: Central Air; Electric
Current Use: Residential
Existing Lease Type: Other
Flooring: Tile; Vinyl
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water
Parking Features: Unassigned
Sale Includes: Building & Land
Sewer: Private Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Hot Water
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Separate Electric Meters; Sewer Connected; Water Connected
Water Source: Public
Income statement 
Listing Office: Blue Marlin Real Estate
Last Updated: March - 12 - 2026
Information is deemed to be reliable, but is not guaranteed.