Sold
Last Sold Price
8 beds4 baths3,000 sqft$137/sqft
1302 Clearlake Rd, Unit AD, Cocoa, FL 32922
Multi FamilyProperty Type
0.55 acresLot Size
1955Year Built
$137/sq ftPrice per sq ft

Description

Incredible Quadplex Investment Opportunity in Cocoa – 4 Units, Huge Lot, and Endless Potential for Expansion! This is your chance to own a prime multi-family investment property in Cocoa! This spacious quadplex sits on a massive 30,000+ square foot lot and boasts four 2-bedroom, 1-bathroom units, offering a tremendous opportunity for both immediate cash flow and future growth. Whether you're an investor looking for a turn-key property or someone ready to unlock the potential of this large lot, this...Incredible Quadplex Investment Opportunity in Cocoa – 4 Units, Huge Lot, and Endless Potential for Expansion! This is your chance to own a prime multi-family investment property in Cocoa! This spacious quadplex sits on a massive 30,000+ square foot lot and boasts four 2-bedroom, 1-bathroom units, offering a tremendous opportunity for both immediate cash flow and future growth. Whether you're an investor looking for a turn-key property or someone ready to unlock the potential of this large lot, this property delivers endless possibilities! The quadplex features two levels, with two units on the bottom and two on the top, all surrounded by lush greenery providing privacy and a serene atmosphere. The lot is so expansive, there's plenty of room for parking, storage, or even adding two additional duplexes—truly a rare find in this area. Recent updates have made this property ready for your next investment. The home boasts a beautiful, freshly painted exterior, a brand-new roof (just 3 years old), and two brand-new AC units that will keep the tenants comfortable year-round. The central air serves the top two units, while the bottom two feature wall-mounted AC units with evaporators in the attic. The property also has a new electrical panel and newer water heaters, ensuring major systems are in excellent condition. Inside, each of the four units is generously sized, with spacious living rooms and luxurious, durable tile flooring throughout. The units have been well-maintained, but they do need some light TLC to bring the kitchens and bathrooms up to modern standards—an ideal opportunity for an investor to increase rental rates. The seller was previously receiving $1,200 per month per unit even with some outdated features, and with a little renovation, you could easily bump rents to $1,400–$1,500 per unit, increasing potential income to nearly $6,000/month! With four separate electric meters and one water meter, the property offers convenient and efficient utilities. The massive backyard offers plenty of space for outdoor activities or even future development, making this an investor’s dream. Whether you’re looking to renovate and increase rents, or simply sit back and collect the cash flow, this quadplex offers the flexibility and potential you’ve been looking for. This is the perfect opportunity to own a well-located property with great income potential. Don't miss out—schedule your showing today and turn this Cocoa gem into your next big investment!
  • Listed by: Ronald Ryder 305.302.9806 rryder@richardpetersrealty.com Brokerage DRE #1069729 • RICHARD PETERS REALTY LLC
Listing closed: 10/22/2025 12:00 AM • Source: MFRMLS, MLS#: TB8382283

Recent comparable sales

Median sold price

$510,000

Avg days on market

109

Sale-to-list ratio

89.2%

Cocoa, FL

9 comparable properties found

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Location

Listing Courtesy of RICHARD PETERS REALTY LLC, Ronald Ryder

Sold By RICHARD PETERS REALTY LLC, Ronald Ryder

Add your commute

Payment Calculator

$2,463 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,094

Property Taxes

$369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1302 Clearlake Road, Unit AD

Property Details
  • Taxes: $4,427 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: ATKINSON SUB
  • Township: 24
  • Waterfront: No
Building Information
  • Residences: 4
  • Year Built: 1955
  • Lot Size: 0.55 AC / 23,958 SF
Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Take the ramp onto I-95 N toward Cocoa. Continue on I-95 N for about 15 miles. Take exit 201 for FL-520 toward Cocoa. Turn right onto FL-520 E. Turn left onto Clearlake Rd (FL-501 N). Continue for about 1 mile; 1302 Clearlake Rd will be on your left.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1302
  • Street Name: CLEARLAKE
  • Street Suffix: ROAD
  • Unit Number: A-D
  • State: FL
  • City: COCOA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: *
  • Tax Book Number: 9-35
  • Tax Legal Description: ATKINSON SUBD PART OF TRACT 6 AS DES IN ORB 2083 PG 25
  • Tax Lot: 0000
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 24 362051*6.04
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: BU-2
  • Living Area: 3000
Property and Assessments
  • Year Built Numeric: 1955
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 36
  • Public Survey Section: 20
Utilities
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Cement Siding
  • Exterior Features: Other
  • Foundation Details: Brick/Mortar, Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Electric, Other, Wall Units / Window Unit
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Unit Count: 4

Property History for 1302 Clearlake Road, Unit AD

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Sold

MFRMLS #TB8382283

$411,999
Sep 5, 2025

Pending

MFRMLS #TB8382283

Aug 27, 2025

Price Change

MFRMLS #TB8382283

$404,999
DateEvent & SourcePrice
10/22/2025

Sold

MFRMLS #TB8382283

$411,999
09/05/2025

Pending

MFRMLS #TB8382283

08/27/2025

Price Change

MFRMLS #TB8382283

$404,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1302 Clearlake Road, Unit AD

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - K to 8
Public - 6 to 12
Rating
School
Distance
Cambridge Elementary Magnet School
PublicPK to 6

Cocoa High School
Public7 to 12

Brevard Virtual Eschool
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1302 Clearlake Road, Unit AD, Cocoa, FL 32922
$411,999
8
4
3,000
23,958
$412,000
2.5
3,000
23,958
$64,000
1,050
9,148
$136,000
2,580
18,295
2
5,376
12,632
$22,000
1.5
2,191
7,841

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RICHARD PETERS REALTY LLC, Ronald Ryder

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/23/2025 11:03 AM