331-335 Brevard AveCocoa Beach, FL 32931

Exceptional investment opportunity: a six-unit apartment building located at 331-335 S Brevard Avenue, Cocoa Beach, Florida, 32931. This multifamily property, built in 1958, consists of three duplexes situated on a spacious 22,651.2 square foot lot. The asking price is $1,799,000. Five of the six units are currently occupied by long-term tenants, providing immediate cash flow. The property's location, just a short walk from Cocoa Beach, ensures high tenant demand, suitable for both long-term rentals and vacation rentals. This property benefits from grandfathered zoning that exceeds current maximum density limits, making it a unique and valuable asset in a highly desirable area of Brevard County. The property presents a compelling opportunity for investors seeking strong returns in a prime coastal location. This is a rare chance to acquire a well-maintained, income-producing multifamily property with significant upside potential. The property's size and location offer considerable flexibility for future development or expansion. This is a turnkey investment ready for immediate income generation.