209 Riverside Drive 0, Cocoa, FL 32922

$510,000
Property Type: Residential Income Square Footage: 3,995 Lot Size (sq. ft.): 15,682 Status: Closed
Current Price: $510,000 List Date: 9/15/2021 Last Modified: 5/27/2026

Overview

Description

DIRECT INDIAN RIVER VIEW! THIS PROPERTY IS WITHIN WALKING DISTANCE TO THE UP AND COMING COCOA VILLAGE AREA. NEW DECK, NEW ROOF AND CURRENTLY UPDATING THE ELECTRICITY AND PLUMBING!! INVESTOR/DEVELOPER ALERT and a unique opportunity to own Multi Family Units; 4 Apartments in Main House and a Cabin Unit separate building to the south of the main house. Charming Home in highly desirable area. Walk to Historic Cocoa Village to shops, dining, and night life. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in place with good rental records. Earn Income while in development stages for site planning VERY MOTIVATED SELLER!! ALL REASONABLE OFFERS ACCEPTED!!!

Listing Details MLS# 915827

General Property Information

Number Of Buildings
2
Number Of Units Total
5
Living Area
3648
Living Area Source
Public Records
Building Area Total
3995
Year Built
1913
Garage YN
No
Carport YN
No
Open Parking Spaces
6
Parking Total
6
Lot Size Acres
0.36
Lot Size Square Feet
15682
Association YN
No
Use Code
08 / MULTIPLE LIVING
Water Body Access YN
No
Waterfront YN
Yes
Water Body Name
Indian River
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
150.74
Sold Price/SqFt
139.8
Garage Spaces
0
Carport Spaces
0
Water Frontage Feet
0

Property Features

Appliances: Electric Range; Refrigerator Association Amenities: Management - Off Site Construction Materials: Frame; Stucco; Wood Siding Cooling: Wall/Window Unit(s) Flooring: Carpet; Terrazzo; Wood Levels: One; Two Listing Terms: Cash Lot Features: Historic Area Owner Pays: Electricity; Gas; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water Pool Features: None Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Natural Gas Connected; Separate Electric Meters; Sewer Connected; Water Available Water Source: Public Waterfront Features: River Front Showing Requirements: Appointment Only; Call Listing Office; No Sign

Contract Information

Original List Price
599900
Listing Contract Date
2021-09-15
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
209
Street Name
Riverside
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32922
MLS Area Major
213 - Mainland E of US 1
Subdivision Name
Derbys Addn To Cocoa

Remarks and Miscellaneous

Public Remarks
DIRECT INDIAN RIVER VIEW! THIS PROPERTY IS WITHIN WALKING DISTANCE TO THE UP AND COMING COCOA VILLAGE AREA. NEW DECK, NEW ROOF AND CURRENTLY UPDATING THE ELECTRICITY AND PLUMBING!! INVESTOR/DEVELOPER ALERT and a unique opportunity to own Multi Family Units; 4 Apartments in Main House and a Cabin Unit separate building to the south of the main house. Charming Home in highly desirable area. Walk to Historic Cocoa Village to shops, dining, and night life. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in place with good rental records. Earn Income while in development stages for site planning VERY MOTIVATED SELLER!! ALL REASONABLE OFFERS ACCEPTED!!!

Status Change Information

Major Change Timestamp
2023-11-11T03:49:32Z
Major Change Type
Price Reduced
Price Change Timestamp
2021-09-22T18:22:07Z
Status Change Timestamp
2022-03-31
Purchase Contract Date
2021-11-05
Close Date
2022-03-31
Close Price
510000

More Information

Closing Company Details

Closing Company Name
Prestige Title of Brevard, LLC 321-242-7660 cindyn@prestigeclosings.com Attn: Cindy Nienajadlo
Closing Company Address
5120 N, US-1 #103, Palm Shores, FL 32940

Income and Expenses

Gross Scheduled Income
39300
Net Operating Income
26324
Operating Expense
12976
Gross Income
0

Historical Information

Public Historical Remarks 3
Contact: List Agent, Possible Financing-1031 Exchange: Y, Expenses Include-License Permits: Y, Equipment/Appliances-Range: Y

Location, Tax, and Legal

Unit Number
No
Tax Account
2426374
Parcel Number
24-36-33-81-00000.0-0007.00
General County Location
Central
Elementary School
Tropical
Middle School
McNair
High School
Rockledge
Tax Annual Amount
7101
Tax Year
2020
Tax Legal Description
DERBYS ADDN TO COCOA PART OF LOT 7 AS DES IN DB 348 PG 184
Directions
Turn left on Brevard Ave, then left onto church st. right on Riverside dr. House on the right.

Appliances

Electric Range
Yes
Refrigerator
Yes

Association Amenities

Management - Off Site
Yes

Construction Materials

Frame
Yes
Stucco
Yes
Wood Siding
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Carpet
Yes
Terrazzo
Yes
Wood
Yes

Levels

One
Yes
Two
Yes

Listing Terms

Cash
Yes

Lot Features

Historic Area
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Grounds Care
Yes
Insurance
Yes
Management
Yes
Pest Control
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Connected
Yes
Separate Electric Meters
Yes
Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Waterfront Features

River Front
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
No Sign
Yes
Listing Office: CBA Realty Group
Last Updated: May - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.