About This Property
Description from listing agentThis property is a rare find for a visionary investor or developer looking to capitalize on Cocoa Beach's revitalization. Located in the heart of the city's vibrant downtown, this mixed-use parcel offers an unparalleled combination of commercial potential and residential luxury. Situated on a main artery, this property benefits from constant foot and vehicle traffic, ensuring maximum exposure for any retail or restaurant concept. The zoning allows for a diverse and lucrative development. You can build a prominent street-front commercial space for retail or a restaurant, with the added benefit of being able to build a residential home with separate rear access. This dual-income model provides both immediate revenue and long-term asset value. For a business owner, this is the ultimate live/work arrangement. You could manage your business from the front and live in a new, custom home right behind it, experiencing the best of the downtown lifestyle every day.
Space Coast Context
🚀 Launch Viewing — Great Views
16.8 mi from SLC-40
16.8 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4,215
- Property taxes
- $800
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $800K price — down payment shown: $160,000.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
