Active

$229,700

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1152 sq ft
Overview
  • ID: MFRTB8446427
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1152 sq ft
Property Details
Remarks
<INVESTOR SPECIAL><LAST PRICE REDUCTION><HIGHEST & BEST BY 12/30/25> Massive Half-Acre Property with 3 Structures Near the Water– Priced to Sell Fast! 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! <NO ASSIGNABLE CONTRACTS>
Financial Considerations
Price:
$229,700
HOA Fee:
N/A
Tax Amount:
$3414.11
Price per SqFt:
$199.39
Tax Legal Description:
CARLETON TERRACE ADDN LOTS 9,10,11 BLK 22
Exterior Features
Lot Size:
21344
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Built-Up, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Other
Furnished:
No
Floor:
Concrete, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1925
Construction Type:
Concrete, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    344 MCLEOD DR
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