241 Indian River Drive Cocoa, FL $ 2,300,000
241 Indian River Drive
$ 2,300,000
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241 Indian River Drive

Cocoa, FL, 32922
$ 2,300,000
Bedrooms9 Baths9.1

Monthly Estimate*

$ 14,522

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Multi-Family Home for sale in Cocoa, FL

for $2,300,000 with 9 bedrooms and 9 full baths, 1 half bath. The lot size is 0.72.

Rarely does a property of this caliber become available in the heart of Florida's Space Coast, offering a unparalleled combination of luxury, history and waterfront living. An extraordinary combination of luxury living, multigenerational flexibility and income-producing opportunities, this one-of-a-kind WATERFRONT ESTATE encompasses FOUR separate RESIDENCES situated on 133 feet of direct Indian River frontage! The centerpiece is a STUNNING custom-built home completed in 2022, featuring 3 BEDS | 3 BTH, PRIVATE ELEVATOR, 12 FT Ceilings, 9 FT Doors, hand-scraped Hardwood Flooring and breathtaking MILLION DOLLAR VIEWS. Designed for the culinary enthusiast, the gourmet kitchen showcases a WOLF GAS Range, Sub-Zero Refrigerator, Miele Coffee System, Wine Bar, custom cabinetry and brick accents that add warmth and character. Complementing the newer abode is a beautifully preserved Victorian home, offering 3 BEDS | 3.5 BTH, Vintage Furnishings and TIMELESS architectural charm. Adding to the property's exceptional appeal is a fully appointed Airbnb Cottage, offering both versatility and revenue potential. Featuring a nostalgic-inspired kitchen and a relaxing screened porch, this inviting retreat provides the perfect place to unwind while watching sailboats drift gracefully along the river. Also on this fabulous property, you will find a detached 3-CAR GARAGE topped by a spacious 1 BED furnished Apartment complete with a private patio. Altogether, this beautiful ESTATE offers 9 BEDS | 9.5 BTH across multiple living spaces, creating endless possibilities for investment, vacation rentals or multigenerational living. OUTDOOR AMENITIES are equally impressive, featuring a Private Covered Dock, 10K LB Boat Lift, spectacular Indian River views, and front-row seats to Florida's famous rocket launches! Turnkey and income-producing, this exceptional property offers a rare opportunity to own a waterfront compound within walking distance of the shops, restaurants, entertainment and charm that make Cocoa Village one of Florida's most sought-after destinations along the Space Coast.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

9

Full Bath

9

Half Bath

1

Property Type

Multi-Family

Taxes

$ 15,891

Style

Multi Family

Lot Size

0.72

Town/City

Cocoa

County/Region

Brevard

MLS | Web ID

1082298

Features
General
Sewer Public Sewer
Heating Central Propane
Cooling Central Air Electric Multi Units Individual
Utilities Cable Available Electricity Available Water Available Propane
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Disposal Dryer Electric Oven Electric Range ENERGY STAR Qualified Dishwasher ENERGY STAR Qualified Refrigerator Gas Cooktop Gas Range Microwave Refrigerator Washer
Garage Spaces 3
Construction Materials Block Fiber Cement Frame Wood Siding
View River Water Intracoastal
Stories Count 2
Levels One Two
Property Subtype Multi Family
Tax Year 2025
Current Use Investment Multi-Family Residential Single Family
Waterfront Features Navigable Water River Access River Front
Accessibility Accessible Approach with Ramp Accessible Entrance
Additional Parcels Description 2421281
County Brevard
New Construction false
Property Type Residential Income
Association Amenities Boat Dock Boat Slip Elevator(s)
HOA false
Attached Garage false
Energy Efficient Appliances
Subdivision Name None
Facing Direction East
Garage Y/N true
Full Baths 9
Status Active
Directions Rt 520 going west - right on N Indian River Dr - left on Mitchell St - All 4 homes on located on corner.
High School Cocoa
City Cocoa
Body of Water Indian River
Senior Community Y/N false
Zoning Description Multi Family
Number Of Units Total 4
MLS Area 213 - Mainland E of US 1
Lot Size Units Acres
Lot Size Square Feet 31363.2
Carport Y/N false
Spa Features Bath
Elementary School Cambridge
Tax Annual Amount 15891.9
MLS Area Minor 213 - Mainland E of US 1
Standard Status Active
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Interior
Flooring Tile Wood
Furnished Y/N Furnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Laundry Features Multiple Locations In Unit Lower Level
Total Bedrooms 9
Entry Level 1
Total Baths 10
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Exterior
Exterior Amenities Balcony Boat Slip Dock Boat Lift Impact Windows
Parking Features Additional Parking Garage Guest RV Access/Parking
Lot Features Corner Lot Few Trees
Water Source Public
Lot Size Area 0.72
Number of Buildings 4
Lot Size Acres 0.72
Road Surface Type Asphalt
Waterfront Y/N true
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* Excluded Features
List By
Dale Sorensen Real Estate Inc.

Broker

kimtillett@gmail.com

Email

Affordability Calculator

$15,847
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,522
Monthly Property Taxes
$1,324
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4814470 Elementary School
4758308 Middle School
Cocoa High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$2,300,000 Listed Price

Map


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241 Indian River Drive, Cocoa, FL, 32922 is a Multi-Family Home for sale at $2,300,000 with a lot size of 0.72. 241 Indian River Drive has 9 bedrooms and 9.1 baths. The property's zip code is 32922 which is in Cocoa, FL