For Sale
$719,000

161 Shepard DrCocoa Beach, FL 32931

Prime Cocoa Beach location, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 15,682 square foot commercial property, located at 161 S Shepard Drive in Cocoa Beach, Florida (zip code 32931), presents a unique investment opportunity. Priced at $719,000, this land offers versatile zoning within the Gateway Redevelopment District, allowing for a variety of uses. The property is zoned for multifamily dwellings, professional businesses, bed and breakfasts, retail stores and services, pet care facilities (excluding boarding), tattoo studios, and even drive-through facilities. Its prime location in the heart of Cocoa Beach provides easy access to the Atlantic Ocean and its vibrant atmosphere, while simultaneously offering a secluded feel near beautiful riverfront homes. The property's size and zoning flexibility make it ideal for developers seeking to create a thriving commercial or residential project. The existing land provides a blank canvas for a creative vision, allowing for the construction of a truly unique and profitable venture in this desirable coastal Florida location. This is a rare chance to acquire a substantial parcel of land in a high-demand area with significant potential for future growth and return on investment. The property's proximity to the ocean and its diverse zoning options make it an attractive proposition for a wide range of commercial and residential developments.

Highlights

  • 15,682 SF commercial lot at 161 S Shepard Drive, Cocoa Beach, FL 32931.
  • Priced at $719,000.
  • Gateway Redevelopment District zoning allows multifamily, professional, retail, and various other uses.
  • Prime Cocoa Beach location near the ocean and riverfront homes.
  • Ideal for developers seeking high-growth potential.

Property Details for 161 Shepard Dr

Property type
Retail properties, Land

Location Insight

City
Cocoa Beach
County
Brevard
State
Florida
Latitude
28.368219
Longitude
-80.608088
161 Shepard Dr, Cocoa Beach, Florida

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161 Shepard Dr
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