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Brevard 32926 Canaveral Groves
6857 Sharpie Avenue
$60,000
● Land - Off Market

6857 Sharpie Avenue

Cocoa, FL 32926
bedrooms
Studio
bathrooms
0 Bath
$351
Est. Monthly
37.62%
Cap Rate

About This Property

High and dry lot of 1.02-acres in Canaveral Groves on Florida's Space Coast. With city water and power available, plus an existing cement slab, the property is primed for a recreational retreat. A unique feature is the canal access, making it possible to launch an airboat and navigate to the St. John's River, offering opportunities for boating, fishing, and wildlife watching. The lot provides room for RVs, boats, or outbuildings, while its location combines the peace of country getaway with proximity to beaches, shopping, schools, dining, and Cape Canaveral's rocket launches. Recreational use only at this time.
Unit Size
-
Days on Market
72 days
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
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: 6 months ago (Space Coast MLS #1056903)

Price History

Date / Event Date Event Price
Nov 26, 2025 Sold
Premium
Sold
Nov 11, 2025 In contract -
In contract
Oct 16, 2025 Price Decreased $70,000
↓ $10K (12.5%)
Price Decreased
Sep 10, 2025 Listed by Mutter Realty $80,000
Listed by Mutter Realty
Aug 29, 2007 Sold
Premium
Sold
Show More

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: 44,431
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,780
  • 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 SUB
  • Land Acres: 0000001020
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: CANAVERAL GROVES SUBD SB 2 PG 61 LOT 13 BLK 20 & 1/2 OF ADJ RDS & CANALS PER ORB 1646 PG 130 & 1733 PG 1012

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062115

Zoning

  • Zoning: GU

Geography

  • Assessors Map Reference: 123
  • Account Number: 2403285
  • Subdivision Tract Number: 13
  • Parcel: 24-35-08-01-00020.0-0013.00
  • Block: 20
  • Lot: 13
  • Meridian: SEC 08 TWN 24S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4044
  • Longitude: -80.8465

    Address

  • Full Address: 6857 Sharpie Ave
  • Address - House Number: 6857
  • Address - Street Name: Sharpie
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cocoa
  • Zip Code: 32926

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,030
  • Tax Rate Code Area: 1800

    Market Valuation

  • Market Total Value: $6,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,250

    Sales

  • Current Sale Contract Date: Aug 24, 2007
  • Current Sale Recording Date: Aug 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007208470
  • Previous Sale Recording Date: Dec 19, 2005
  • Previous Sale Contract Date: Dec 14, 2005
  • Previous Sale Amount: $52,000
  • 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:

$529,000

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2006 ft²

Average Home Age

25.1 years

Currently For Sale

9 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

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SpaceCoast

Listed by: Linda Powers, Mutter Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1056903
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 6857 Sharpie Avenue built and last sold?
The property at 6857 Sharpie Avenue was built in and last sold on Aug 24, 2007 for $42,500.
How much is this home worth?
The estimated value of the home located at 6857 Sharpie Avenue is $80,800.
What are some comparable homes to 6857 Sharpie Avenue?
There are currently no comparable homes to 6857 Sharpie Avenue.
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