Property Description

One property. Multiple income streams. Endless possibilities. Offered at $695,000, approx. $65,000 below its July 2025 appraised value, this fully furnished income compound is just minutes from Cocoa Village. Fully fenced, it offers 4 flexible spaces for owner-occupants, investors, Airbnb, business use, or a private family compound. Features 2 furnished 1BR residences, a detached rear cottage, & a climate-controlled warehouse w/ plumbing, electrical, HVAC & future conversion potential. Seller will lease the warehouse back for $1,000/mo for up to 2 years, creating immediate income. Rear cottage offers potential to be reconfigured into 2 studios (buyer to verify). Built in 2018 by a commercial contractor, the property features impact-rated windows & doors, 160-mph wind-load engineering, metal roofing, commercial-grade infrastructure & concrete parking. Turnkey opportunity w/ immediate cash flow, exceptional flexibility & long-term upside. The entire property was wind-load engineered as a hurricane-resistant structure rated to 160 mph, featuring impact-rated doors, windows, and roof. Construction highlights include commercial-spec electrical conduit and switch gear, Trane high-efficiency central AC systems with transferable warranties, LED lighting throughout, concrete paving across the parking area, and a city-supplied reuse-water irrigation system.The oversized 1,300+ sq ft RV/garage structure under air includes 50-amp RV and welding circuits, RV sewer tap, interior water hookups, generator transfer switch, dual garage door access, and a 5-ton York AC systemmaking it a standout asset for investors seeking flexible conversion or specialty use.Located moments from Cocoa Villages dining, boutique shopping, live music, art shows, and community events, this property blends modern construction, location appeal, and future upside into one rare offering.