photo 1: 1302 CLEARLAKE ROAD Unit A-D, COCOA FL 32922

Courtesy of RICHARD PETERS REALTY LLC 305-302-9806

Active

1302 CLEARLAKE ROAD Unit A-D, COCOA FL 32922

$454,999

Price

-

Beds

-

Baths

3,000

Sq. Ft.

<BACK ON THE MARKET><LAST PRICE REDUCTION><HIGHEST & BEST BY 7/18/25> 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 duplexes—truly 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 standards—an 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 The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month!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 investor’s dream. Whether you’re looking to renovate and increase rents, or simply sit back and collect the cash flow, this quadplex offers the flexibility and potential you’ve been looking for. This is the perfect opportunity to own a well-located property with great income potential. Don't miss out—schedule your showing today and turn this Cocoa gem into your next big investment! <NO ASSIGNABLE CONTRACTS>

Listing Type

Multifamily

Property Type

Quadruplex

Built Year

1955

Levels

--

Price/Sqft

--

Lot Size Acre

0.55

Status

Active

Days on Realoq

56

Living Area

3,000 Sq. Ft.

Lot Size Sqft

23,958 Sq. Ft.

Location

Interior Features
  • Other
Laundry Features
  • Other
Agent

Ronald Ryder

Brokerage

RICHARD PETERS REALTY LLC

Source AOR

Brevard

Listing ID #

TB8382283

This content last updated on 07/03/2025 11:20 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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Based on information submitted to the MLS GRID as of 07/03/2025 11:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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