Cocoa, FL 32922,615 CLEARLAKE RD
Cocoa, FL 32922,615 CLEARLAKE RD
Cocoa, FL 32922,615 CLEARLAKE RD
Cocoa, FL 32922,615 CLEARLAKE RD
Cocoa, FL 32922,615 CLEARLAKE RD
Cocoa, FL 32922,615 CLEARLAKE RD
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$320,000

$350,000

8.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

4 Baths

2,204 SqFt


SOLD DATE : 02/19/2024

Key Details

Sold Price $320,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,204 sqft

Price per Sqft $145

Subdivision Atkinsons 02

MLS Listing ID S5098414

Sold Date 02/19/24

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1957

Annual Tax Amount $3,560

Lot Size 0.320 Acres

Acres 0.32

Property Description

Welcome to this unique income producing property nestled in a desirable area. The home boasts a strategic blend, making it an ideal choice for investors seeking both immediate returns and long-term growth.
Key Features:
Upgraded HVAC System: Enjoy optimal comfort and efficiency with newly installed AC ductwork throughout the property, ensuring a pleasant environment for tenants year-round. The new unit installed in 2018 provides enhanced reliability and performance, further adding value to this investment.
Income-Generating Potential: Benefit from a steady stream of income with this fully tenant-occupied property. While occupancy at the time of closing is not guaranteed, the current occupancy status underscores its appeal as a reliable income generator.
Versatile Layout: This property presents a unique configuration featuring a block single-family home at the front and a two-story duplex at the rear. The upper unit of the duplex offers two bedrooms and one bathroom, while the lower unit provides one bedroom and one bathroom. This versatile layout caters to diverse tenant preferences, maximizing rental opportunities.
Convenient Amenities: Residents will appreciate the convenience of onsite laundry facilities located in the first-floor common area, enhancing their overall living experience and convenience.
Commercial Zoning: With the property zoned for commercial use, the possibilities are endless. Explore various investment avenues such as retail space, office conversions, or mixed-use developments, unlocking a myriad of potential opportunities for future growth and expansion.
Conveniently situated in a prime location, this property enjoys easy access to a range of amenities including shopping centers, beach access minutes away, dining establishments, recreational facilities, and major transportation routes. Its proximity to key attractions and essential services adds to its appeal, attracting tenants and enhancing its long-term value proposition.
In summary, this property presents a rare opportunity to acquire a maintained investment asset with promising income-generating potential and versatile usage options. Whether you're a seasoned investor seeking to expand your portfolio or a discerning buyer looking for a rewarding investment opportunity, this property offers the perfect blend of convenience, comfort, and growth potential. Don't miss out on the chance to make this exceptional property your next investment success story.
Contact us today to schedule a viewing and explore the endless possibilities that await!

Location

State FL

County Brevard

Community Atkinsons 02

Zoning BU-2

Interior

Interior Features Ceiling Fans(s)

Heating Central, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile, Vinyl

Fireplace false

Laundry Common Area, Outside

Exterior

Exterior Feature Fence

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Oversized Lot, Paved

Entry Level Multi/Split

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Well

Structure Type Block,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Other, Special Funding

Listing Terms Cash, Other, Special Funding

Special Listing Condition None

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Stellar MLS
Listed by LPT REALTY
Bought with VOLKE REAL ESTATE LLC
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