1302 Clearlake Road #A-D, Cocoa, FL 32922
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by:ronald ryder
Office:richard peters realty llc.
MLS#:TB8382283
Source:MFRMLS
Price summary
- Price:$404,999
- Price per sq. ft.:$135
About this home
<BACK ON THE MARKET><LAST PRICE REDUCTION><HIGHEST & BEST BY 9/11/25> 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 The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month!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>
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Home facts
- Year built:1955
- Listing ID #:TB8382283
- Added:149 day(s) ago
- Updated:October 05, 2025 at 07:49 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless, Electric
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:3,000 sq. ft.
- Lot area:0.55 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$404,999
- Price per sq. ft.:$135
- Tax amount:$4,427 (2024)
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