Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1925
Sq.Footage
1,152
<INVESTOR SPECIAL> Massive Half-Acre Property with 3 Structures Near the Water– Priced to Sell Fast! This is an INVESTOR SPECIAL- priced aggressively in one of Cocoa’s most desirable areas- Carleton Terrace- just a short walk from the water and with easy access to Jimmy Buffet Memorial Highway for a quick drive over to Cape Canaveral and the beaches. Sitting on a massive half-acre lot, this unique property features three separate structures, offering endless opportunity for value-add, redevelopment, or strong long-term cash flow. Everything is permitted and has been standing solid since the 1980s. The main home is a 3-bed, 2-bath residence that exudes classic Florida character with blue stucco walls and textured Spanish-style architecture. The curb appeal is undeniable, with mature trees, lush greenery, and a quiet, private feel throughout the grounds. The secondary adjacent wood-sided structure adds even more potential— ideal for a guest unit, workshop, or conversion to additional living space. There’s also a building that originally served as a carriage house, now perfect for extra storage or creative use. Inside, the home maintains its vintage charm with original hardwood flooring, arched entryways, and a cozy fireplace centerpiece that brings warmth and personality to the main living area. The kitchen and baths are ready for a full modern update, giving investors the perfect blank canvas to design and add value. The layout is flexible, with well-sized bedrooms and plenty of natural light throughout. Major systems are in fair condition— the A/C is less than 10 years old, and both the plumbing and electrical are in good working order. The roof is older and likely near the end of its lifespan, making this a true fix-and-flip or buy-and-hold opportunity for anyone looking to capitalize in one of Cocoa’s most sought-after neighborhoods. And with no HOA and zero restrictions, you’ve got complete flexibility to renovate, rent out, or expand exactly how you want. Overall, this property blends old-Florida character, massive land, and endless potential for customization, expansion, or income generation. Priced aggressively for a quick sale — schedule your showing today before it’s gone! <NO ASSIGNABLE CONTRACTS>
Features & Amenities
Interior
-
Other Interior Features
Other
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco, Frame
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.49
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$284,999
-
Tax Amount
3414.11
-
Sq. Footage
1, 152
-
Price/SqFt
$247
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
9
-
Water Source
Public
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Location
County
Brevard
Elementary School
Middle School
High School
Listing Courtesy of Ronald Ryder , RICHARD PETERS REALTY LLC
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