1102 Lake Drive, Cocoa, FL 32922
$450,000
Property Type:
Commercial Sale
Square Footage:
16,229
Lot Size (sq. ft.):
28,314
Status:
Closed
Current Price:
$450,000
List Date:
1/14/2018
Last Modified:
8/24/2026
Overview
Description
This 7 unit( including 5pts restaurant) shopping center has plenty of traffic. All units are rented. All tenants pay their own water and electric. Roof new in 1995 and sealed every 2 years with Gaco sealer since then..decent cap rate..
Listing Details MLS# 802464
General Property Information
- Number Of Units Total
- 7
- Stories Total
- Yes
- Building Area Total
- 16229
- Year Built
- 1957
- Lot Size Acres
- 0.65
- Property Use
- C-MIXED USE - COMMERCIAL PROPERTY (1210)
- Use Code
- 12 / COMMERCIAL, MIXED USE
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 32.66
- Sold Price/SqFt
- 27.73
Property Features
Construction Materials:
Block
Cooling:
Central Air; Wall/Window Unit(s)
Current Use:
Commercial
Electric:
220 Volts
Flooring:
Terrazzo
Heating:
Central; Electric; Heat Pump
Listing Terms:
Cash; Conventional; Lease Option; Private Financing Available
Location:
Central Business District; Shopping Center
Possession:
Close Of Escrow
Roof:
Rolled/Hot Mop; Steel Joist; Wood Joist
Sale Includes:
Building & Land
Security Features:
Security Lights
Showing Requirements:
Appointment Only
Special Listing Conditions:
Use Conforms to Zone
Water Source:
Public
Contract Information
- Original List Price
- 530000
- Listing Contract Date
- 2018-01-14
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1102
- Street Name
- Lake
- Street Suffix
- Drive
- County
- Brevard
- State
- FL
- Postal Code
- 32922
- MLS Area Major
- 212 - Cocoa - West of US 1
- Subdivision Name
- Virginia Park Resubd
Remarks and Miscellaneous
- Public Remarks
- This 7 unit( including 5pts restaurant) shopping center has plenty of traffic. All units are rented. All tenants pay their own water and electric. Roof new in 1995 and sealed every 2 years with Gaco sealer since then..decent cap rate..
Status Change Information
- Major Change Timestamp
- 2018-05-02T13:31:10Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2018-05-02
- Purchase Contract Date
- 2018-02-22
- Close Date
- 2018-05-01
- Close Price
- 450000
More Information
Building Features
- % Air Conditioned or Heated
- 100
- Clear Ceiling Height
- 16229
Historical Information
- Public Historical Remarks 3
- Proforma-Gross Sched Income: 71488
Location, Tax, and Legal
- Tax Account
- 2424352
- Parcel Number
- 24-36-32-04-00000.0-0001.00
- General County Location
- Central
- Tax Annual Amount
- 6450.04
- Tax Year
- 2017
- Tax Legal Description
- VIRGINIA PARK RESUBD PART OF TRACT 1 AS DES IN DB 369 PG 171
- Directions
- 520 turn north on Varr Ave. Property on left corner.
Construction Materials
- Block
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Wall/Window Unit(s)
- Yes
Current Use
- Commercial
- Yes
Electric
- 220 Volts
- Yes
Flooring
- Terrazzo
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- Private Financing Available
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Rolled/Hot Mop
- Yes
- Steel Joist
- Yes
- Wood Joist
- Yes
Security Features
- Security Lights
- Yes
Special Listing Conditions
- Use Conforms to Zone
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
Location
- Central Business District
- Yes
- City
- Yes
- Shopping Center
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Blue Marlin Real Estate
Last Updated: August - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.