1055 Park Dr, Cocoa, FL 32922

Features: Exclusive off market 2/1 in Cocoa, FL market, this property presents a strong investment opportunity for investors seeking value-add potential in an area experiencing increased demand from both residents and businesses. The property is well-positioned for renovation and modernization to enhance market value and offers flexibility for a fix-and-flip or long-term rental strategy. Its proximity to major highways, shopping, and local amenities supports strong rental appeal and future appreciation.

Potential ARV: $175-000- $185,000

Rehab Description: For a flip or rental this needs updating to the kitchen, bathrooms, flooring, and fixtures. Finish off by applying fresh interior paint. On the exterior the property needs a new roof, and paint. Finish with some landscaping to boost curb appeal.

Construction: Frame with stucco

Estimated Rehab: $40,000-50,000

Comparable rent: $1,400

Closing Date: On or before 1/22/25

Occupancy: Vacant at closing

Information believed to be accurate but not warranted

Comp 1:

1050 W highland Dr, Cocoa, FL 32922, 3 Beds, 1 bath, 884 sqft, 8,276 sqft lot, 1957 build, sold $160K cash to investor 09/2025, rental condition

Comp 2:

1049 Bellefonte Ave, Cocoa, FL 32922, 2 bed, 1 bath, 825 sqft, 6,534 sqft lot, 1951 build, sold $168,500 10/2025, rental condition

Comp 3:

1408 Cadillac Dr, Daytona Beach, FL 32117, 3 Beds, 2 Baths, 1,382 sqft, 8,712 sqft lot, 1964 build, sold 07/2025 $252K, Updated, smaller