🏡 Cocoa 3/2 Block Home — Light Rehab With Strong Spread

This 1,192 sq ft 3-bed, 2-bath CBS block home sits on a 0.25-acre lot in Cocoa. Built in 1980, the property has a newer roof (2022) and an AC from 2012. Interior will need light-to-moderate updates, making this a straightforward value-add project. Delivered with 40-day post-occupancy and a $5k holdback, with access by appointment only.

🛠️ Rehab Scope

• Light to moderate interior refresh: flooring, paint, fixtures
• Kitchen and bath modernization as needed
• Minor exterior updates for curb appeal
• Systems check: AC (2012) may need servicing or replacement in coming years
• General landscaping/cleanup

🔴 Recently Sold / Pending Comps

• 4730 Greenhill St – 1,066 sq ft, 3/2, built 1983 → Sold $270,000 ($253/sq ft) – updated
• 5179 Arlington Rd – 1,388 sq ft, 3/2, built 1983 → Sold $319,000 ($230/sq ft) – updated
• 6444 Pleasant Ave – 1,260 sq ft, 3/2, built 1987 → Sold $315,000 ($250/sq ft) – updated

📈 Value Analysis

At 1,192 sq ft, comps support an ARV in the $280K–$300K range depending on finishes. With an asking price of $187,500, this provides strong upside as either a flip or long-term rental.