For Sale
$899,000

3751 Highway 1Cocoa, FL 32926

Established Cemetery, 30+ Acres, High Income Potential

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a thriving, family-owned cemetery spanning over 30 acres in Cocoa, Florida. The property, located at 3751 N Highway 1, encompasses 672 square feet of mixed-use buildings on a 31.98-acre lot. Currently operating as a licensed and dedicated perpetual care cemetery, it boasts over 15 acres of available grave sites and includes all necessary equipment for continued operation. A portion of each plot sale is placed in a trust fund, ensuring ongoing maintenance of the well-maintained memorial space. The property's zoning is primarily Institutional Use, with a smaller section designated BU-2 Commercial, opening possibilities for expansion. A significant advantage is the potential to construct an on-site crematorium and funeral home, further enhancing revenue streams. Recent upgrades have been implemented to boost sales and profitability, contributing to the consistent, reliable income generated over its 30+ year history. The seller is open to financing options, requiring a 20% to 25% down payment. This presents a rare chance to acquire a well-established business with substantial growth potential in a desirable location. High and dry grounds ensure ease of maintenance and operation.

Property Details for 3751 Highway 1

Property type
Mixed-use properties
Square Feet
672 SF
Year Built
1997
Lot Size (sq. ft)
1,393,049 SF

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.41871
Longitude
-80.7593
3751 Highway 1, Cocoa, Florida

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3751 Highway 1
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