344 Mcleod Drive, Cocoa, FL 32922
Local realty services provided by:ERA American Suncoast
Listed by: ronald ryder
Office: richard peters realty llc.
MLS#:TB8446427
Source:MFRMLS
Price summary
- Price:$224,999
- Price per sq. ft.:$158.45
About this home
<INVESTOR SPECIAL><LAST PRICE REDUCTION><HIGHEST & BEST BY 12/30/25> 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>
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Home facts
- Year built:1925
- Listing ID #:TB8446427
- Added:33 day(s) ago
- Updated:December 12, 2025 at 01:08 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,152 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Built-Up
- Year built:1925
- Building area:1,152 sq. ft.
- Lot area:0.49 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$224,999
- Price per sq. ft.:$158.45
- Tax amount:$3,414 (2024)
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