Thomas Ln, Cocoa, FL 32922

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Thomas Ln, Cocoa, FL 32922

$120,000

Beds

Baths

Sqft

1955

Year Build

Proforma Summary:

Fix & Flip

Estimated ARV: N/A

Buy & Hold

Monthly Rent: $1900

Cash Flow After PITI: $632

Renovation Level:

Estimated Rehab: Full

Roof Age: 2018

AC Age: Old

Key Details:

Unit Breakdown

About This Property:

Cocoa Cash Cow with great Equity

Tucked on a quiet lane in Cocoa, 734 Thomas Ln is a charming mid-century duplex (1955) set on a low-maintenance 0.11-acre lot. Offering approximately 832 sq ft across two 1-bed/1-bath units, this vacant, non-HOA property is a great value-add opportunity perfect for house-hackers or investors looking to add cash-flow in growing Brevard County. The site features public sewer, simple landscaping, and easy access to everyday conveniences just minutes to Cocoa Village, the Indian River, beaches, and major corridors for commuting. With rehab, this multifamily gem can shine as a stable rental or a quick reposition in a high-demand rental market. Unit 1: 1 Bed/ 1 bath, 416 Living sqft, 490 Gross sqft, Proforma rent $950, Current renovation $30,000, Full renovation $30,000 Unit 2: 1 Bed/ 1 bath, 416 Living sqft, 490 Gross sqft, Proforma rent $950, Current renovation $30,000, Full renovation $30,000

Terms and Conditions:

All offers are Cash or Private Lender Only. $5000 non-refundable deposit required for purchase up to $300,000, $10,000 non-refundable deposit required for purchases over $300,000. Properties are sold AS-IS with NO inspection period; Please inspect first. Buyer pays all closing costs for buyer and sellers Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of SafetyNet Group. Actual repair cost, rent, and/or ARV may vary. Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary. SafetyNet Group has an equitable interest in this property and is advertising the sale of this interest.