160 S Shepard Drive #9,10, 11, 12, Cocoa Beach, FL 32931

Cocoa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Star
160 S Shepard Drive #9,10, 11, 12,Cocoa Beach, FL 32931
$2,200,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 4,056 sq. ft.
  • Multi-family
  • Active
Listed by: richard d lemon
Office: keller williams space coast
MLS#:1076939
Source:FL_SPACE

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$542.41
  • Monthly HOA dues:$2,120

About this home

Prime Cocoa Beach investment opportunity just one block from the world-famous Cocoa Beach Pier. This 4-unit multifamily property at 160 S Shepard Dr features four 2BR/1.5BA units, and Units 9-12 are the only units in the community zoned for short-term vacation rentals--a rare and valuable advantage. Units 10 & 12 operate as high-performing STRs, generating approx. $7,500/month each. Units 9 & 11 are long-term rentals but can be vacated with 30-day notice for STR conversion. Community amenities include a beautiful pool and unbeatable walkability to the beach, dining, and entertainment. A turnkey, income-producing coastal asset in one of Florida's most desirable beach markets.

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Home facts

  • Year built:1980
  • Listing ID #:1076939
  • Added:4 day(s) ago

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Flooring:Tile, Wood
  • Kitchen Description:appl_
  • Living area:4,056 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1980
  • Building area:4,056 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Stucco

Schools

  • High school:Cocoa Beach
  • Middle school:Cocoa Beach
  • Elementary school:Cape View

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$542.41
  • Tax amount:$3,287 (2025)

Features and amenities

  • Laundry features:appl_

Parking

  • Total parking spaces:30
  • Parking description:Assigned
  • Carport spaces:13
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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