UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $247
Subdivision Carleton Terrace Add
MLS Listing ID TB8446427
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,414
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 150x143
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
This is an INVESTOR SPECIAL- priced aggressively in one of Cocoa's most desirable areas- Carleton Terrace- just a short walk from the water and with easy access to Jimmy Buffet Memorial Highway for a quick drive over to Cape Canaveral and the beaches. Sitting on a massive half-acre lot, this unique property features three separate structures, offering endless opportunity for value-add, redevelopment, or strong long-term cash flow. Everything is permitted and has been standing solid since the 1980s.
The main home is a 3-bed, 2-bath residence that exudes classic Florida character with blue stucco walls and textured Spanish-style architecture. The curb appeal is undeniable, with mature trees, lush greenery, and a quiet, private feel throughout the grounds. The secondary adjacent wood-sided structure adds even more potential— ideal for a guest unit, workshop, or conversion to additional living space. There's also a building that originally served as a carriage house, now perfect for extra storage or creative use.
Inside, the home maintains its vintage charm with original hardwood flooring, arched entryways, and a cozy fireplace centerpiece that brings warmth and personality to the main living area. The kitchen and baths are ready for a full modern update, giving investors the perfect blank canvas to design and add value. The layout is flexible, with well-sized bedrooms and plenty of natural light throughout.
Major systems are in fair condition— the A/C is less than 10 years old, and both the plumbing and electrical are in good working order. The roof is older and likely near the end of its lifespan, making this a true fix-and-flip or buy-and-hold opportunity for anyone looking to capitalize in one of Cocoa's most sought-after neighborhoods. And with no HOA and zero restrictions, you've got complete flexibility to renovate, rent out, or expand exactly how you want.
Overall, this property blends old-Florida character, massive land, and endless potential for customization, expansion, or income generation. Priced aggressively for a quick sale — schedule your showing today before it's gone!
Location
State FL
County Brevard
Community Carleton Terrace Add
Area 32922 - Cocoa
Zoning RU17
Interior
Interior Features Other
Heating Central, Electric
Cooling Central Air
Flooring Concrete, Wood
Fireplaces Type Outside
Fireplace true
Appliance Other
Laundry Laundry Room
Exterior
Exterior Feature Other
Utilities Available Other
Roof Type Built-Up,Other
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Concrete,Stucco,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8446427
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