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Brevard 32926 Canaveral Groves
4705 Papaya Street
Photo of 4705 Papaya Street
Sold on Sep 24, 2026

1

Map

$115,000
● Land - Off Market

4705 Papaya Street

Cocoa, FL 32926
bedrooms
Studio
bathrooms
0 Bath
$979
Est. Monthly

About This Property

This unique property is graced with beautiful old-growth oak trees, creating a picturesque and private setting for your future home. It offers an exceptional opportunity to build in a peaceful, natural environment while enjoying the character and shade of mature hardwoods.

The property is believed to be buildable and, to the best of the seller's knowledge, does not appear to have wetlands or other environmental constraints. Buyers are encouraged to verify all information, including buildability, through their own due diligence.
Unit Size
-
Days on Market
69 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 months ago (Space Coast MLS #1082797)

Price History

Date / Event Date Event Price
Sep 24, 2026 Sold
Premium
Sold
Aug 15, 2026 In contract -
In contract
Jul 17, 2026 Listed by RE/MAX Aerospace Realty $187,435
Listed by RE/MAX Aerospace Realty
Jul 17, 2012 Sold
Premium
Sold
Mar 22, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CANAVERAL GROVES SUBD REPLAT UNIT 2 SHEE
  • Land Acres: 0000001000
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: CANAVERAL GROVES SUBD REPLAT UNIT 2 SHEET 3 LOT 6 BLK 19

Neighborhood

  • Census Tract: 071202

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 123A
  • Account Number: 2401872
  • Parcel: 24-35-04-25-00019.0-0006.00
  • Block: 19
  • Lot: 6
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4292
  • Longitude: -80.8313

    Address

  • Full Address: 4705 Papaya St
  • Address - House Number: 4705
  • Address - Street Name: Papaya
  • Address - Suffix Type: St
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R011
  • 4-Digit Zip Code: 3918
  • Zip Code: 32926

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $60,705

    Market Valuation

  • Market Total Value: $60,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000

    Sales

  • Current Sale Contract Date: Jul 16, 2012
  • Current Sale Recording Date: Jul 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012137946
  • Previous Sale Recording Date: Mar 22, 2005
  • Previous Sale Contract Date: Mar 17, 2005
  • Previous Sale Amount: $70,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Canaveral Groves

Stats & Trends

Median Asking:

$522,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2374 ft²

Average Home Age

23.5 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4380 Temple Street, Cocoa, FL, 32926

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
4380 Temple Street, Cocoa, FL, 32926 Listing by Lorrie A Lovett

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Joyce A Hathaway, RE/MAX Aerospace Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1082797
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 4705 Papaya Street built and last sold?
The property at 4705 Papaya Street was built in and last sold on Jul 16, 2012 for $45,000.
How much is this home worth?
The estimated value of the home located at 4705 Papaya Street is $189,309.
What are some comparable homes to 4705 Papaya Street?
There are currently no comparable homes to 4705 Papaya Street.
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