Cocoa, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Cocoa, Florida Market population: 17K. Compare commercial properties across all major asset classes with...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For Cocoa FL Properties: 99.0000%

📊 Average Income For Cocoa FL Commercial Property: $32,162

Investor Questions For Cocoa FL

Common questions from investors exploring commercial real estate in Cocoa FL.

What is the overall investment potential of Cocoa, FL, considering its demographic and economic factors? +

The city's median household income of $32,162, combined with a poverty rate of 19.7% and a health insurance coverage of 82.6%, suggests a working-class market with some employment stability. The top industries, including Finance & Insurance and Public Administration, contribute to a diverse economy, while the 23.3-minute average commute time and high rate of drove alone commutes indicate a relatively convenient transportation infrastructure.

How does the ethnic diversity and industry mix in Cocoa, FL impact the demand for real estate investments? +

The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, contributes to a culturally rich environment, while the top industries, including Finance & Insurance and Public Administration, create a demand for housing and commercial spaces. The foreign born rate of 4.8% also suggests a potential for international investment and cultural exchange.

What are the key factors to consider when evaluating the quality of life in Cocoa, FL, and its impact on real estate investments? +

The average commute time of 23.3 minutes, health insurance coverage of 82.6%, and a relatively high homeownership rate of 57.8% contribute to a decent quality of life in Cocoa, FL. Additionally, the median property value of $105,200 and median property taxes of $1,434 suggest a relatively affordable housing market, making it an attractive option for investors and residents alike.

How does the poverty rate and income inequality in Cocoa, FL affect the stability of real estate investments? +

The poverty rate of 19.7% and a GINI coefficient of 0.463 indicate a significant income inequality in Cocoa, FL, which may impact the stability of real estate investments. However, the employed population of 7,062 and a median household income of $32,162 suggest a working-class market with some employment stability, mitigating the risks associated with poverty and income inequality.

What are the implications of the top commute methods and health insurance coverage on the rental market in Cocoa, FL? +

The top commute methods, including drove alone, carpooled, and worked at home, suggest a flexible and convenient transportation infrastructure, making it easier for renters to access employment and services. The health insurance coverage of 82.6% also indicates a relatively healthy population, which can contribute to a stable and reliable rental market, with tenants more likely to prioritize rent payments and maintain a stable lifestyle.

Cocoa FL Real Estate & City Facts

Key facts and real estate information about Cocoa FL.

What are some of the best neighborhoods to live in Cocoa? +

Some of the best neighborhoods to live in Cocoa include College Green Estates, North Port St John, and Cocoa Isles. These neighborhoods are known for being peaceful, family-friendly, and having a strong sense of community. Additionally, areas like Port Saint John and Titusville are also popular for their affordability and proximity to amenities.

What are some fun things to do in Cocoa? +

There are plenty of fun things to do in Cocoa, including visiting the Cocoa Village, going to the Cocoa Beach Pier, and exploring the Indian River Queen. You can also check out the Historic Cocoa Village Playhouse, the Wizard of Oz Museum, and the Van Gogh Museum. For outdoor enthusiasts, there are plenty of opportunities for surfing, fishing, and wildlife watching.

What is the food scene like in Cocoa? +

The food scene in Cocoa is diverse and exciting, with a range of restaurants serving everything from seafood to fine dining. Some popular spots include My Island Smokehouse, Lone Cabbage Fish Camp, and Cafe Margaux Restaurant. You can also find great casual dining options like Salty Sisters Bar And Grill, Long Doggers-Cocoa Beach, and Causeway Diner. Additionally, there are plenty of food trucks and local eateries to explore.

What are the pros and cons of living in Cocoa? +

The pros of living in Cocoa include its affordable cost of living, beautiful beaches, and rich cultural scene. However, some cons include the potential for traffic and crowds during peak tourist season, as well as the need for a car to get around. Additionally, some areas of Cocoa may have higher crime rates or limited job opportunities. Overall, it's essential to weigh the pros and cons and consider what's most important to you when deciding whether to live in Cocoa.

Is Cocoa a good place to live? +

Cocoa can be a great place to live for those who value a relaxed, small-town atmosphere and easy access to outdoor recreation. The city has a strong sense of community, and there are plenty of opportunities to get involved in local events and activities. However, it's essential to consider factors like job opportunities, education, and healthcare when deciding whether Cocoa is the right fit for you. Overall, Cocoa can be a wonderful place to call home for those who are looking for a laid-back, coastal lifestyle.

Cocoa, FL Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

📊 Avg Property Tax Rate For Cocoa FL Properties: 99.0000%

📊 Average Income For Cocoa FL Commercial Property: $32,162

Investor Questions For Cocoa FL

Cocoa FL Real Estate & City Facts

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