$529,999

1302 Clearlake Rd A-D Unit A-D Cocoa, FL 32922

$6,294
Closing credit¹
0 beds
3,000 sqft
0.6 acres
$177 / sqft
Multi-Family

Property details

About 1302 Clearlake Rd A-D

Incredible Quadplex Investment Opportunity in Cocoa – 4 Units, Huge Lot, and Endless Potential for Expansion! This is your chance to own a prime multi-family investment property in Cocoa! This spacious quadplex sits on a massive 30,000+ square foot lot and boasts four 2-bedroom, 1-bathroom units, offering a tremendous opportunity for both immediate cash flow and future growth. Whether you're an investor looking for a turn-key property or someone ready to unlock the potential of this large lot, this property delivers endless possibilities! The quadplex features two levels, with two units on the bottom and two on the top, all surrounded by lush greenery providing privacy and a serene atmosphere. The lot is so expansive, there's plenty of room for parking, storage, or even adding two additional duplexes—truly a rare find in this area. Recent updates have made this property ready for your next investment. The home boasts a beautiful, freshly painted exterior, a brand-new roof (just 3 years old), and two brand-new AC units that will keep the tenants comfortable year-round. The central air serves the top two units, while the bottom two feature wall-mounted AC units with evaporators in the attic. The property also has a new electrical panel and newer water heaters, ensuring major systems are in excellent condition. Inside, each of the four units is generously sized, with spacious living rooms and luxurious, durable tile flooring throughout. The units have been well-maintained, but they do need some light TLC to bring the kitchens and bathrooms up to modern standards—an ideal opportunity for an investor to increase rental rates. The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month! With four separate electric meters and one water meter, the property offers convenient and efficient utilities. The massive backyard offers plenty of space for outdoor activities or even future development, making this an investor’s dream. Whether you’re looking to renovate and increase rents, or simply sit back and collect the cash flow, this quadplex offers the flexibility and potential you’ve been looking for. This is the perfect opportunity to own a well-located property with great income potential. Don't miss out—schedule your showing today and turn this Cocoa gem into your next big investment! <NO ASSIGNABLE CONTRACTS>

Highlights

Home typeQuadruplex
HeatingCentral, Electric, Other, Ductless
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size3,000 sqft
Lot size0.55 Acres
Year built1955
MLS #TB8382283

Virtual tour

Summary

  • Interior: Other
  • Private Pool: No
  • Exterior: Other
  • Heating: Central, Electric, Other, Ductless
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $529,999
  • Price/SqFt: $176
  • Directions: Take the ramp onto I-95 N toward Cocoa. Continue on I-95 N for about 15 miles. Take exit 201 for FL-520 toward Cocoa. Turn right onto FL-520 E. Turn left onto Clearlake Rd (FL-501 N). Continue for about 1 mile; 1302 Clearlake Rd will be on your left.
  • Year Built: 1955
  • Living Area: 3,000 SqFt
  • Lot Size: 0.55 Acres
  • MLS Number: TB8382283
  • MLS Name: MFRMLS
  • Office Name: RICHARD PETERS REALTY LLC
  • Listing Agent: Ronald Ryder

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house with stairs and a lawn

$529,999

1302 Clearlake Rd A-D

$6,294

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Cambridge Elementary School

Public Magnet PK-6

0.4 mi

2000 Cambridge Dr

3

Endeavour Elementary School

Public District PK-6

0.8 mi

905 Pineda St

5

Saturn Elementary School

Public District PK-6

1.1 mi

880 N Range Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,573. Typical income of Unit A-D Cocoa, FL residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

71%
<35k
28%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
12%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
32%
35-64 yrs old
34%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • UFCUFC

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • CadillacCadillac

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1302 Clearlake Rd A-D in Unit A-D Cocoa, FL and zip code 32922 in the Atkinson neighborhood. This 3,000 square foot home, which was built in 1955, sits on a 0.55 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $529,999.

Unit A-D Cocoa, FL housing market in April 2025 saw over 7 listings sold above listed price, more than 18 sold at listed price and over 54 sold below. Between March and April 2025, Unit A-D Cocoa, FL real estate market has seen increase in the number of listings by 5.2%. Listings spent 61 days on the market in April 2025, and had a median list price of $309,612 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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