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113 DELEON ROAD
About This Property
Designed for entertaining and unwinding alike, this 4-bedroom, 2-bath home offers a flowing layout with two separate living areas, giving you space to host, relax, or spread out with ease. The heart of the home is the upgraded kitchen, featuring granite countertops, solid wood soft-close cabinetry, and plenty of prep space for gatherings that spill effortlessly outdoors.
Step outside and the property truly shines. The heated saltwater pool and splash pad create a resort-style backyard, while the seawall and dock on the Banana River canal invite boating, paddleboarding, sunset cruises, and true waterfront living. Whether you're hosting poolside evenings, launching the boat for a day on the water, or enjoying quiet mornings watching the canal come alive, this home delivers an experience-not just a place to live.
With no HOA, a metal roof, solar, and zoning that supports short-term rentals (buyer to verify), this property checks every box for a primary residence, second home, or income-producing coastal escape. Opportunities like this in Cocoa Beach are rare-and they don't last.
This is more than a home.
This is your slice of waterfront paradise.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$1,050,000
↓ $30K
(2.8%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$1,080,000
↓ $69K
(6%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$1,149,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$1,199,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$1,249,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017