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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!
| DAYS ON MARKET | 1 | LAST UPDATED | 11/8/2025 |
|---|---|---|---|
| TRACT | CARLETON TERRACE ADD | YEAR BUILT | 1925 |
| COMMUNITY | 32922 - Cocoa | COUNTY | Brevard |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Other |
| AREA | 32922 - Cocoa |
| CONSTRUCTION | Concrete, Frame, Stucco |
| EXTERIOR | Other |
| FIREPLACE | Yes |
| HEAT | Central, Electric |
| INTERIOR | Other |
| LOT | 0.49 acre(s) |
| LOT DIMENSIONS | 150x143 |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | CARLETON TERRACE ADD |
| TAXES | 3414.11 |
| UTILITIES | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ronald Ryder, RICHARD PETERS REALTY LLC, 352-448-9712
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/9/25 12:22 AM PST.
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