0 625Cocoa, FL 32922

Property Details for 0 625

Year built

1951

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional Cocoa Village commercial property, located at 625 Brevard Ave, Cocoa, FL 32922, presents a unique investment opportunity. The 16,552.8 sq ft lot houses a single-story, 1951-built building featuring three units currently configured as attractive retail/office spaces. Boasting prime frontage on Brevard Avenue, the property offers excellent visibility and ample parking. The building includes front display areas, bathrooms, and rear storage. This is an ideal investment for those seeking to establish a presence in the thriving Cocoa Village business community. Beyond its current use, the property holds significant future development potential. The site is already zoned for a variety of uses, including office, hotel, and assisted living facility (ALF), with entitlements completed. Approved plans allow for an eight-story building, potentially accommodating 77 ALF beds or 48 hotel units. Additional possibilities include condo or apartment development. The asking price is $1,450,000. This property offers a blend of immediate income potential and substantial long-term growth opportunities in a highly desirable location. Don't miss this chance to acquire a piece of Cocoa Village's vibrant commercial landscape.

Location Insight

City

Cocoa

County

Brevard

State

Florida

Latitude

28.3751

Longitude

-80.7381

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