<BACK ON THE MARKET><LAST PRICE REDUCTION><HIGHEST & BEST BY 9/11/25> 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 The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month!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>
Sold for $411,999 on 10/22/25
$411,999
1302 Clearlake Rd #A-D, Cocoa, FL 32922
8beds
4baths
3,000sqft
Quadruplex, Multi Family
Built in 1955
-- sqft lot
$410,600 Zestimate®
$137/sqft
$1,920 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 23, 2025 at 08:03am
Listing Provided by:
Ronald Ryder 305-302-9806,
RICHARD PETERS REALTY LLC 352-448-9712
Bought with:
Ronald Ryder, 3593068
RICHARD PETERS REALTY LLC
Source: Stellar MLS,MLS#: TB8382283
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric, Other, Wall Units / Window Unit
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Other
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 3,000 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.55 Acres
Details
- Parcel number: 24 362051*6.04
- Zoning: BU-2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Block, Cement Siding
- Foundation: Brick/Mortar, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Cocoa
- Subdivision: ATKINSON SUB
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt, Concrete
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$410,600
2% more+$8,212
With Zillow Showcase(estimated)$418,812