1302 Clearlake Road A-d, COCOA, FL 32922
  • MLS#: TB8382283 ( Residential Income )
  • Street Address: 1302 Clearlake Road A-d
  • Viewed: 19
  • Price: $507,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 23
  • Additional Information
  • Geolocation: 28.3779 / -80.7546
  • County: BREVARD
  • City: COCOA
  • Zipcode: 32922
  • Subdivision: Atkinson Sub
  • Provided by: RICHARD PETERS REALTY LLC
  • Contact: Ronald Ryder
  • 352-448-9712
  • mfrmls
  • DMCA Notice
  • Description
    Incredible Quadplex Investment Opportunity in Cocoa 4 Units, Huge Lot, and Endless Potential for Expansion! This is your chance to own a prime multi family investment property in Cocoa! This spacious quadplex sits on a massive 30,000+ square foot lot and boasts four 2 bedroom, 1 bathroom units, offering a tremendous opportunity for both immediate cash flow and future growth. Whether you're an investor looking for a turn key property or someone ready to unlock the potential of this large lot, this property delivers endless possibilities! The quadplex features two levels, with two units on the bottom and two on the top, all surrounded by lush greenery providing privacy and a serene atmosphere. The lot is so expansive, there's plenty of room for parking, storage, or even adding two additional duplexestruly a rare find in this area. Recent updates have made this property ready for your next investment. The home boasts a beautiful, freshly painted exterior, a brand new roof (just 3 years old), and two brand new AC units that will keep the tenants comfortable year round. The central air serves the top two units, while the bottom two feature wall mounted AC units with evaporators in the attic. The property also has a new electrical panel and newer water heaters, ensuring major systems are in excellent condition. Inside, each of the four units is generously sized, with spacious living rooms and luxurious, durable tile flooring throughout. The units have been well maintained, but they do need some light TLC to bring the kitchens and bathrooms up to modern standardsan ideal opportunity for an investor to increase rental rates. The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400$1,500 per unit, increasing potential income to nearly $6,000/month! With four separate electric meters and one water meter, the property offers convenient and efficient utilities. The massive backyard offers plenty of space for outdoor activities or even future development, making this an investors dream. Whether youre looking to renovate and increase rents, or simply sit back and collect the cash flow, this quadplex offers the flexibility and potential youve been looking for. This is the perfect opportunity to own a well located property with great income potential. Don't miss outschedule your showing today and turn this Cocoa gem into your next big investment!
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
  3. Other
  4. Ductless
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. ATKINSON SUBD PART OF TRACT 6 AS DES IN ORB 2083 PG 25
Living Area
  1. 3000.00
Area Major
  1. 32922 - Cocoa
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 24 3620-51-*-6.04
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Septic Tank
Tax Year
  1. 2024
Township
  1. 24
Unit Number
  1. A-D
Utilities
  1. Other
Views
  1. 19
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8382283
Water Source
  1. Public
Year Built
  1. 1955
Zoning Code
  1. BU-2
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  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988