, (MLS# 1063183)

(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

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

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

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

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

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 Historic Cocoa Village! This Edwardian era fully furnished main house (former B&B) and furnished cottage (thriving Air BnB) sit on 133' of Indian River frontage with dock and 10,000 lb. boat lift. A stunning 2 level 2022 built home with elevator features a gourmet kitchen with Wolf gas range, Miele coffee maker, wine bar, brick accents, hand-scraped hardwood floors, and gorgeous views. Three spacious bedrooms and baths provide modern comforts. Property also includes a 3-car garage, utility room for tenants and a 1 bedroom apt above with patio and garden planters. All furniture in three buildings conveys, along with three active leases. Walk to Cocoa Village, watch rocket launches, walk, bike and run along the Indian River. Ideal for investors or multi-generational living!

Listing Details MLS# 1063183

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: 1913
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: Furnished
Stories Total: 2
Stories: 2
Entry Level: Yes
Direction Faces: East
Pool Private YN: No
Senior Community 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 Full Bath; Accessible Kitchen; Grip-Accessible Features; Therapeutic Whirlpool; Visitor Bathroom Appliances: Dryer; Electric Oven; Electric Water Heater; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Washer; ENERGY STAR Qualified Water Heater; Gas Oven; Gas Range; Gas Water Heater; Microwave; Refrigerator; Washer; Washer/Dryer Stacked; Wine Cooler Construction Materials: Block; Concrete; Fiber Cement; Frame; Wood Siding Cooling: Central Air; Multi Units; Split System; Varies by Unit Current Use: Investment; Multi-Family; Residential; Single Family Electric: 100 Amp Service; 200+ Amp Service; Whole House Generator Exterior Features: Balcony; Boat Lift; Boat Slip; Dock; Impact Windows Financial Data Source: Owner Flooring: Tile; Vinyl; Wood; Other Green Energy Efficient: Appliances; Windows Heating: Central; Electric; Natural Gas; Varies by Unit Income Includes: Rent Only Laundry Features: Common Area; In Garage; In Unit; Lower Level; Multiple Locations; Sink; Upper Level Levels: Multi/Split; One; Two Listing Terms: Cash; Conventional Lot Features: Corner Lot; Historic Area; Many Trees; Split Possible; Sprinklers In Front; Sprinklers In Rear Owner Pays: Cable TV; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Pest Control; Repairs; Roof Maintenance; Taxes; Trash Collection; Water Parking Features: Additional Parking; Detached; Garage; Off Street; RV Access/Parking Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Sewer: Public Sewer Spa Features: Bath; Private Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected; Propane View: Bridge(s); Intracoastal; River; Water Water Body Access Type: Navigable; Owned Water Source: Public Waterfront Features: Intracoastal; Navigable Water; River Access; River Front Smart Home Features: Programmable Thermostat Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Other

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 Historic Cocoa Village! This Edwardian era fully furnished main house (former B&B) and furnished cottage (thriving Air BnB) sit on 133' of Indian River frontage with dock and 10,000 lb. boat lift. A stunning 2 level 2022 built home with elevator features a gourmet kitchen with Wolf gas range, Miele coffee maker, wine bar, brick accents, hand-scraped hardwood floors, and gorgeous views. Three spacious bedrooms and baths provide modern comforts. Property also includes a 3-car garage, utility room for tenants and a 1 bedroom apt above with patio and garden planters. All furniture in three buildings conveys, along with three active leases. Walk to Cocoa Village, watch rocket launches, walk, bike and run along the Indian River. Ideal for investors or multi-generational living!

Status Change Information

Major Change Timestamp: 2026-02-21T18:02:35Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-21T18:02:35Z
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 321-212-7750

DPR Eligible

DPR Eligible: No

Unit 1 Details

Unit ID: Yes
Actual Rent: 5300
Unit SqFt: 2689
Full Baths Total: 4
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Lease till 10-29-26 -apt mo to mo

Unit 2 Details

Unit ID: 2
Actual Rent: 3000
Unit SqFt: 744
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: AirBnB

Unit 3 Details

Unit ID: 3
Actual Rent: 1400
Unit SqFt: 1290
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: 3 Car garage-apt-utility room

Unit 4 Details

Unit ID: 4
Unit SqFt: 2190
Full Baths Total: 3
Furnished: Unfurnished
Unit Remarks: Vacant - owner moved out
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: Half mile N of SR 520 on N Indian River Dr - yellow house on the left. Cottage is on N side on 7 Mitchell St, 2 story on 11 Mitchell St and 15 Mitchell is behind 11 Mitchell where the 3 car garage is located.

Accessibility Features

Accessible Approach with Ramp: Yes
Accessible Bedroom: Yes
Accessible Central Living Area: Yes
Accessible Common Area: Yes
Accessible Entrance: Yes
Accessible Full Bath: Yes
Accessible Kitchen: Yes
Grip-Accessible Features: Yes
Therapeutic Whirlpool: Yes
Visitor Bathroom: Yes

Appliances

Dryer: Yes
Electric Oven: Yes
Electric Water Heater: Yes
ENERGY STAR Qualified Dishwasher: Yes
ENERGY STAR Qualified Refrigerator: Yes
ENERGY STAR Qualified Washer: Yes
ENERGY STAR Qualified Water Heater: Yes
Gas Oven: Yes
Gas Range: Yes
Gas Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Washer/Dryer Stacked: Yes
Wine Cooler: Yes

Construction Materials

Block: Yes
Concrete: Yes
Fiber Cement: Yes
Frame: Yes
Wood Siding: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes
Split System: Yes
Varies by Unit: Yes

Current Use

Investment: Yes
Multi-Family: Yes
Residential: Yes
Single Family: Yes

Electric

100 Amp Service: Yes
200+ Amp Service: Yes
Whole House Generator: Yes

Exterior Features

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

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes
Other: Yes

Green Energy Efficient

Appliances: Yes
Windows: Yes

Heating

Central: Yes
Electric: Yes
Natural Gas: Yes
Varies by Unit: Yes

Laundry Features

Common Area: Yes
In Garage: Yes
In Unit: Yes
Lower Level: Yes
Multiple Locations: Yes
Sink: 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
Many Trees: Yes
Split Possible: Yes
Sprinklers In Front: Yes
Sprinklers In Rear: Yes

Parking Features

Additional Parking: Yes
Detached: Yes
Garage: Yes
Off Street: Yes
RV Access/Parking: 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
Roof Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Metal: Yes

Sewer

Public Sewer: Yes

Spa Features

Bath: Yes
Private: Yes

Special Listing Conditions

Standard: Yes

Tenant Pays

None: Yes

Utilities

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

View

Bridge(s): Yes
Intracoastal: Yes
River: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

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

Showing Requirements

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

Smart Home Features

Programmable Thermostat: Yes

Documents

Floor Plans ›

Listing Office: ZOOM Realty Group LLC

Last Updated: February - 21 - 2026

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