Property Description:
This 5-bed, 3-bath, 1,672 sf block home (configured as a 4/2 + separate 1/1) sits on an 11,325 sf lot in Cocoa’s 32922 corridor. The property is updated where it counts — NEW 2024 metal roof, 2021 hurricane-impact windows, 2023 septic + drain field — and includes city water, a carport, and a standalone mother-in-law suite with private entrance, kitchen, and deck. The interior is clean but dated in portions, making this a light cosmetic project with strong rental and resale upside. Not in a flood zone.
🛠️ Rehab Scope
- Light cosmetic updates in main house (paint, finishes, optional kitchen/bath refresh)
- Minor touch-ups to MIL unit (verify kitchen + bath functionality)
- Flooring upgrades as needed
- Exterior paint + curb-appeal landscaping
- General cleaning & rental-ready prep
🔵 Comparable Sales
- 2103 N Indian River Dr – 3/3 | 1,904 sf | 1952 | $450,000 ($236/sf) – Closed; larger; updated
- 214 Lucerne Dr – 3/2 | 1,156 sf | 1951 | $337,000 ($292/sf) – Closed; smaller; updated
- 2222 Meridian Ave – 4/3 | 2,006 sf | 1959 | Pending at $400,000 ($199/sf) – Larger with similar year built
ARV Estimate: $375,000 – $399,000 +/-