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339 Cocoa Avenue
About This Property
Distinctive custom finishes, including pecky cypress accents, travertine, and marble, create a timeless character rarely found in today's homes. The intelligently designed split floor plan provides exceptional privacy for the primary suite while maintaining inviting gathering spaces throughout. Multiple options as a 3 bedroom plus office or flex space, or a 4 bedroom with 3 full baths make this design extremely appealing! Just moments from the Atlantic Ocean, more than a dozen parks, local restaurants, shopping, and the beachside lifestyle that makes South of fifth Avenue one of Brevard County's most desirable communities, this beautifully maintained residence presents a rare opportunity to own an exceptional beachside home.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$1,300,000
↓ $200K
(13.3%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by One Sotheby's International | $1,500,000 | |
| Listed by One Sotheby's International | |||
| Jan 24, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017