, (MLS# 1063182)

(321) 951-0322

(800) 545-5687

738 Malabar Road SE

Palm Bay, FL 32907

Mon-Fri 9:00 am to 5:45 pm

Saturday 10:00 am - 2:00 pm

$2,525,000

66-B4-11 Mitchell St - Dinning Room Kitc

67-B4-11 Mitchell St - Dining Room Kitch

69-AA-B4-11 Mitchell St - Kitchen Copper

69-A-B4-11 Mitchell St - Kitchen Wolf an

1-B1-241 N Indian River Dr Exterior View

45-B2-7 Mitchell St - Office-Sitting Roo

50-B3- 15 Mitchell - 3 car garage-utilit

51-B3-15 Mitchell St - 1 Bed apt over ga

Property Type: Residential Income Bedrooms: 9 Baths: 10 Square Footage: 8,708 Lot Size (sq. ft.): 31,363 Status: Active

Current Price: $2,525,000 List Date: 12/01/2025 Last Modified: 2/21/2026

Overview

Description

Rare opportunity to own a unique, income-producing waterfront property in Cocoa Village. There are 4 buildings, two main homes with a total of 9 bedrooms and 9.5 bathrooms. Custom 2022 home with 2 levels, 3 bedrooms, 3 baths with an elevator and soaring 12' ceilings and 9' doors. This stunning home features a gourmet kitchen with Wolf gas range, Sub-Zero fridge, Miele coffee maker, wine bar, brick accents, hand-scraped hardwood floors, and gorgeous views. There are three other buildings, an Edwardian era main house (former B&B) with 3 bedrooms, 3.5 bathrooms, gourmet kitchen with an attached one-bedroom apartment with separate entrance. Also, a thriving Airbnb cottage that all sit on 133' of Indian River frontage with dock and 10,000 lb. boat lift. Property also includes a 3-car garage, with a one-bedroom apartment above with patio and garden planters. Turnkey, and leases convey. Rocket launch site, and so much outdoor living! Walking distance to all that Cocoa Village has to offer!

Listing Details MLS# 1063182

General Property Information

Number Of Buildings: 4
Number Of Units Total: 4
Bedrooms Total: 9
Bathrooms Total: 10
Bathrooms Full: 9
Bathrooms Half: Yes
Living Area: 6073
Living Area Source: Public Records
Building Area Total: 8708
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 2022
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Open Parking Spaces: 10
Lot Size Acres: 0.72
Lot Size Square Feet: 31363
Association YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 133
Furnished: Partially
Stories Total: 2
Stories: 2
Entry Level: Yes
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 415.77

Property Features

Accessibility Features: Accessible Approach with Ramp; Accessible Bedroom; Accessible Central Living Area; Accessible Common Area; Accessible Entrance; Accessible Kitchen; Visitable Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer; Washer/Dryer Stacked; Wine Cooler Construction Materials: Block; Concrete; Frame Cooling: Central Air; Electric; Multi Units; Split System Current Use: Investment; Residential Exterior Features: Balcony; Boat Lift; Dock; Impact Windows Financial Data Source: Owner Flooring: Tile; Vinyl; Wood Green Energy Efficient: Appliances; HVAC; Lighting; Thermostat; Windows Heating: Central; Electric; Varies by Unit Income Includes: Rent Only Laundry Features: Common Area; In Garage; Multiple Locations; Upper Level Levels: Multi/Split; One; Two Listing Terms: Cash; Conventional Lot Features: Corner Lot; Historic Area; Split Possible Owner Pays: Cable TV; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Pest Control; Repairs; Taxes; Other Parking Features: Additional Parking; Detached; Garage; Off Street; On Street; Parking Lot; RV Access/Parking; Unassigned; Varies by Unit Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Spa Features: Bath Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Water Connected; Propane View: River Water Body Access Type: Navigable; Owned Water Source: Public Waterfront Features: Navigable Water; River Access; River Front Showing Considerations: Occupied Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany

Contract Information

Original List Price: 2590000
Listing Contract Date: 2025-11-30
Start Showing Date: 2025-12-01
Property Sub Type: Multi Family

Location Tax and Legal

MLS Area Major: 213 - Mainland E of US 1

Remarks and Miscellaneous

Public Remarks: Rare opportunity to own a unique, income-producing waterfront property in Cocoa Village. There are 4 buildings, two main homes with a total of 9 bedrooms and 9.5 bathrooms. Custom 2022 home with 2 levels, 3 bedrooms, 3 baths with an elevator and soaring 12' ceilings and 9' doors. This stunning home features a gourmet kitchen with Wolf gas range, Sub-Zero fridge, Miele coffee maker, wine bar, brick accents, hand-scraped hardwood floors, and gorgeous views. There are three other buildings, an Edwardian era main house (former B&B) with 3 bedrooms, 3.5 bathrooms, gourmet kitchen with an attached one-bedroom apartment with separate entrance. Also, a thriving Airbnb cottage that all sit on 133' of Indian River frontage with dock and 10,000 lb. boat lift. Property also includes a 3-car garage, with a one-bedroom apartment above with patio and garden planters. Turnkey, and leases convey. Rocket launch site, and so much outdoor living! Walking distance to all that Cocoa Village has to offer!

Status Change Information

Major Change Timestamp: 2026-02-21T18:03:09Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-21T18:03:09Z
Status Change Timestamp: 2025-11-30

More Information

Closing Company Details

Closing Company Name: Mangrove Title & Legal PLLC Chelsea Anderson
Closing Company Address: 1530 US1 Rockledge 32955

DPR Eligible

DPR Eligible: No

Unit 1 Details

Unit ID: Yes
Actual Rent: 5250
Unit SqFt: 2689
Full Baths Total: 4
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Main House - Victorian 1913 build & apt

Unit 2 Details

Unit ID: 2
Actual Rent: 3000
Unit SqFt: 744
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Cottage - 1993 Build Airbnb

Unit 3 Details

Unit ID: 3
Actual Rent: 1350
Unit SqFt: 450
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: Apt over 3 car garage - total sqft 1290

Unit 4 Details

Unit ID: 4
Unit SqFt: 2190
Full Baths Total: 3
Furnished: Unfurnished
Unit Remarks: 2022 Build - unfurnished
Actual Rent: 0

Location, Tax, and Legal

Tax Account: 2421281
Parcel Number: 24-36-28-87-00000.0-0021.00
General County Location: Central
Elementary School: Cambridge
Middle School: Cocoa
High School: Cocoa
Tax Annual Amount: 15891.9
Tax Year: 2025
Directions: North on N Indian River Dr - left on Mitchell St - home on left.

Accessibility Features

Accessible Approach with Ramp: Yes
Accessible Bedroom: Yes
Accessible Central Living Area: Yes
Accessible Common Area: Yes
Accessible Entrance: Yes
Accessible Kitchen: Yes
Visitable: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Cooktop: Yes
Electric Oven: Yes
Gas Cooktop: Yes
Microwave: Yes
Refrigerator: Yes
Tankless Water Heater: Yes
Washer: Yes
Washer/Dryer Stacked: Yes
Wine Cooler: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes
Split System: Yes

Current Use

Investment: Yes
Residential: Yes

Exterior Features

Balcony: Yes
Boat Lift: Yes
Dock: Yes
Impact Windows: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Green Energy Efficient

Appliances: Yes
HVAC: Yes
Lighting: Yes
Thermostat: Yes
Windows: Yes

Heating

Central: Yes
Electric: Yes
Varies by Unit: Yes

Laundry Features

Common Area: Yes
In Garage: Yes
Multiple Locations: Yes
Upper Level: Yes

Levels

Multi/Split: Yes
One: Yes
Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Historic Area: Yes
Split Possible: Yes

Parking Features

Additional Parking: Yes
Detached: Yes
Garage: Yes
Off Street: Yes
On Street: Yes
Parking Lot: Yes
RV Access/Parking: Yes
Unassigned: Yes
Varies by Unit: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Navigable: Yes
Owned: Yes

Financial Data Source

Owner: Yes

Income Includes

Rent Only: Yes

Owner Pays

Cable TV: Yes
Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Grounds Care: Yes
Hot Water: Yes
HVAC Maintenance: Yes
Insurance: Yes
Pest Control: Yes
Repairs: Yes
Taxes: Yes
Other: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Spa Features

Bath: Yes

Special Listing Conditions

Standard: Yes

Tenant Pays

None: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Water Connected: Yes
Propane: Yes

View

River: Yes

Water Source

Public: Yes

Waterfront Features

Navigable Water: Yes
River Access: Yes
River Front: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Showing Considerations

Occupied: Yes

Documents

Summary Page with Map ›

Floor Plan ›

Listing Office: ZOOM Realty Group LLC

Last Updated: February - 21 - 2026

Information is deemed to be reliable, but is not guaranteed.