$625,000 5660 N Highway 1 Cocoa, FL

MLS: A4417624   Type: Commercial   County: Brevard   City: Cocoa   Area: Cocoa-port St John   Zip: 32927   Style: Mixed Use     Taxes: $10,159

Mortgage $2,934 /mo



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Great opportunity to run your business in the front and build your waterfront dream home in the back!! Located in Cocoa, FL just miles across from the Kennedy Space Center consists of 4.16 acres of mixed use land, Commercial (front 1.42 acres) & residential (back 2.74 acres). Approximately 207 front frontage directly on N. US Highway 1 and 207 frontage along The Indian River! Was once a landmark gas station, convenience store, and auto repair bay since the 1960's. Gas pumps & business currently closed but can be revived with new ownership or property can be used for other business opportunities. Gas tanks, pumps, propane filling station, refrigerators, walk in fridge, mechanical equipment and LED signs are open for negotiation in sale. Mobile home also on property/security housing with rear portion of commercial property currently being used for RV/Boat storage behind a secured gate. The best kept secret is the beautiful, untouched land behind waiting to be developed into residential use! Full of mature oak & palm trees, the view of the river is peaceful & serene! Zoning allows multifamily or single family or even resort dwellings if split with flag lot including a 25' wide roadway for entrance. With the new SpaceX program there are so many possibilities with this property & amazing income potential!!! Motivated seller! Must see to appreciate!

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Price History

10/31/2018 Listed $749,000
12/3/2018 1% - $745,000
1/8/2019 1% - $738,000
2/4/2019 1% - $734,500
4/5/2019 2% - $725,000
5/11/2019 1% - $719,000
6/19/2019 1% - $712,000
7/18/2019 2% - $699,000
8/16/2019 1% - $695,000
9/16/2019 2% - $685,000
11/15/2019 2% - $675,000
1/10/2020 4% - $650,000
2/3/2020 2% - $640,000
3/4/2020 3% - $625,000

Business Type Auto Service, Commercial, Gas Station, Residential, Warehouse
MLS Area 32927 - Cocoa/Port St John
New Construction No
Pets Allowed Yes
Property SubType Mixed Use
Property Type Commercial
Security Features Secured Garage / Parking, Security Gate
Special Listing Conditions None
Status Active
Total Num Buildings 4
Township 23
Water Body Name INDIAN RIVER
Year Built 1957
Zoning BU2, RU2-10

Interior Features

Cooling A/C - Office Only, Central Air, Wall/Window Unit(s)
Living Area 998.00
Numof Restrooms 1
Utilities Electricity Available, Public

Exterior Features

Building Area Total 1496.00
Construction Materials Block, Stucco
Lot Dimensions 890 x 207
Lot Size Acres 4.16
Lot Size Square Feet 184230
Other Structures Garage(s), Security Trailer, Storage
Parking Features 13 to 18 Spaces
Road Frontage Type Highway
Roof Built-Up
Sewer Septic Tank
Water Access Type Brackish Water, Gulf/Ocean, Intracoastal Waterway, River
Water Access Y/N Yes
Water Extras Yn No
Water Frontage Feet Canal Bracki 207
Water Frontage Feet River 207
Water View River
Water View Y/N Yes
Waterfront Features Canal - Brackish, River
Waterfront Feet Total 414
Waterfront Y/N Yes

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Property vs Zip Code Avg (32927)

Price 625K Avg 352K

Sqr Feet 998 Avg 166

Cost / Sqr Ft $626 Avg $2,118

Taxes $10,159 Avg $4,721

Acres 4.16 Avg 1.61

Visits 98 Avg 48

Days on Site 522 Avg 329

Walkscore® 22 Avg 37

Data Provided by Walkscore ® not using MLS data

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Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL