Dave Ferro
Property Description
Prime Cocoa Beach investment opportunity just one block from the world-famous Cocoa Beach Pier. This 4-unit multifamily property at 160 S Shepard Dr features four 2BR/1.5BA units, and Units 9-12 are the only units in the community zoned for short-term vacation rentals--a rare and valuable advantage.Units 10 & 12 operate as high-performing STRs, generating approx. $7,500/month each. Units 9 & 11 are long-term rentals but can be vacated with 30-day notice for STR conversion. Community amenities include a beautiful pool and unbeatable walkability to the beach, dining, and entertainment.A turnkey, income-producing coastal asset in one of Floridas most desirable beach markets.
Property Features
Amenities
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Keller Williams Space Coast
Agency Phone: 321-450-5600
Shown By
Agent Name: Dave Ferro
Agent Phone: (352) 292-8657
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 11,558.54 per month $10,916.88 Principal & Interest $0.00 Property Tax (data not provided by mls) $641.67 Homeowner's InsuranceChange Payment Information
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160 S Shepard Drive , Unit 9,10, 11, | MLS# 1076939
This multi-family property located at 160 S Shepard Drive , Unit 9,10, 11, , Cocoa Beach, FL 32931 is currently listed for sale with an asking price of $2,200,000. Search Cocoa Beach real estate on daveferro.watsonrealtycorp.com today.