13 South Street, Cocoa, FL 32922

$775,000
3,409
SqFt
Sold Price
$775,000
List Price
$785,000
Status
Sold
Days on Market
84
Closing Date
May 12, 2022
MLS#
O5989108
Property Style
Multi-Family
Year Built
1960
Living Area
3,409
Lot Size
14,810
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Derbys Add
MLS Area Major
Cocoa

Property Description

IMMEDIATE INCOME & LOCATION, LOCATION, LOCATION... Just steps to the shops, restaurants, LIVE music, festivals and events in downtown Cocoa Village; this 3/2 HOME & separate QUADPLEX(built 1987) offers the perfect investment opportunity and/or permanent residence that literally pays for itself. Live in the house & rent the 4, 1/1 studio apartments or purchase as a pure investment renting the entire complex; either way this is a RARE OPPORTUNITY in an incredible location. Very well maintained property with tons of improvements since current owner purchased in 2014. Annual leases in place for all 4 apartments which have been fully renovated including the addition of washer & dryers in each unit. The 3/2 single family home with original hardwood floors throughout living, dining & bedrooms is also newly renovated with fresh paint inside & out, brand new paver driveway & entry, updated baths, new fixtures/ceiling fans, blinds, granite counters(kitchen), fresh landscaping including addition of irrigation system, new roof(2018), new exterior doors, new hot water heater(2019) and the conversion of all cast iron plumbing to PVC(2018). One of 2 additional flex rooms could easily be converted to a 4th bedroom. Market rent estimate for house likely $1900-$2200/mo+. There's plenty of parking & even an owner's shed adjacent to the quadplex to store your tools & supplies. 15-20 min drive to Cocoa Beach or Cape Canaveral & 40 minutes to Orlando International Airport.

Additional Information

Taxes
$5733
Community Features
No Deed Restriction
Zoning
RU225
Interior Layout
Ceiling Fans(s), Solid Surface Counters, Window Treatments
Interior Features
Ceiling Fans(s), Solid Surface Counters, Window Treatments
Floor
Tile, Vinyl, Wood
Utilities
Cable Available, Electricity Connected, Sewer Connected, Sprinkler Recycled, Water Connected
Heating
Electric, Wall Units / Window Unit
Air Conditioning
Central Air, Wall/Window Unit(s)
Fireplace
Yes
Fireplace Description
Wood Burning
Exterior Construction
Block
Exterior Features
Balcony, Fence, Irrigation System, Lighting, Rain Gutters, Sidewalk, Storage
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Garage Carport
1 Car Carport
Flood Zone Code
X
Parcel ID
24-36-33-81-00000.0-0073.00
Legal Description
DERBYS ADDN TO COCOA LOTS 73,74 EX W 10 FT

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of GRACE REALTY, INC.. Selling Office: STELLAR NON-MEMBER OFFICE.

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