160 S Shepard Drive 9,10, 11, 12 Cocoa Beach, FL $ 2,200,000
160 S Shepard Drive 9,10, 11, 12
$ 2,200,000
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160 S Shepard Drive 9,10, 11, 12

Cocoa Beach, FL, 32931
$ 2,200,000
Bedrooms8 Baths4.4 Sq 4,056

Monthly Estimate*

$ 13,546

160 S Shepard Drive 9,10, 11, 12, Cocoa Beach, FL 32931 - Image 1
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Multi-Family Home for sale in Cocoa Beach, FL

for $2,200,000 with 8 bedrooms and 4 full baths, 4 half baths. This 4,056 square foot home was built in 1980 on a lot size of 0.07.

Prime Cocoa Beach investment opportunity just one block from the world-famous Cocoa Beach Pier. This 4-unit multifamily property at 160 S Shepard Dr features four 2BR/1.5BA units, and Units 9-12 are the only units in the community zoned for short-term vacation rentals--a rare and valuable advantage. Units 10 & 12 operate as high-performing STRs, generating approx. $7,500/month each. Units 9 & 11 are long-term rentals but can be vacated with 30-day notice for STR conversion. Community amenities include a beautiful pool and unbeatable walkability to the beach, dining, and entertainment. A turnkey, income-producing coastal asset in one of Florida's most desirable beach markets.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

8

Full Bath

4

Half Bath

4

Property Type

Multi-Family

Taxes

$ 3,287

Style

Multi Family

Lot Size

0.07

Year Built

1980

Town/City

Cocoa Beach

County/Region

Brevard

MLS | Web ID

1076939

Features
General
Living Area 4056
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Disposal Electric Range Electric Water Heater Refrigerator Washer/Dryer Stacked
HOA Fee 2120
Association Fee Includes Maintenance Grounds Other
Construction Materials Concrete Stucco
Year Built 1980
View Pool
Stories Count 2
Levels One
Unit Number 9 10 11 12
Property Subtype Multi Family
Tax Year 2025
Current Use Investment
Additional Parcels Description 2437061
HOA Fee 2 0
Assoc Fee Paid Per Monthly
County Brevard
New Construction false
Property Type Residential Income
Association Amenities Clubhouse Pool
HOA true
Attached Garage false
Subdivision Name Bayvue Condominiums of Cocoa Beach Ph I
Garage Y/N false
Full Baths 4
Status Active
Directions A1A to S. Shepard Drive
High School Cocoa Beach
City Cocoa Beach
Association Name Atlantic Horizon
Zoning Description Multi Family
Number Of Units Total 4
MLS Area 272 - Cocoa Beach
Lot Size Units Acres
Lot Size Square Feet 3049
Carport Spaces 13
Carport Y/N true
Elementary School Cape View
Tax Annual Amount 3287.4
Middle/Junior High School Cocoa Beach
MLS Area Minor 272 - Cocoa Beach
Virtual Tour https://www.virtualtourcafe.com/mls/10005913
Standard Status Active
Legal Description BAYVUE CONDOMINIUMS OF COCOA BEACH PH I UNIT 9-1 BAYVUE CONDO OF COCOA BEACH PH I AS DESC IN ORB 2365 PG 1343 AND ALL AMENDMENTS THERETO.
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Interior
Flooring Tile Wood
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 4
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Entry Level 1
Total Baths 8
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Exterior
Exterior Amenities Balcony
Parking Features Additional Parking Assigned Carport
Lot Features Other
Water Source Public
Total Parking 30
Lot Size Area 0.07
Number of Buildings 1
Building Area Total 4056
Lot Size Acres 0.07
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Space Coast

Broker

richardlemon@kw.com

Email

Affordability Calculator

$13,820
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4808625 Elementary School
4808624 Middle School
Cocoa Beach High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2026$2,200,000 Listed Price

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160 S Shepard Drive 9,10, 11, 12, Cocoa Beach, FL, 32931 is a Multi-Family Home for sale at $2,200,000 with 4,056 sqft and a lot size of 0.07. 160 S Shepard Drive 9,10, 11, 12 has 8 bedrooms, 4.4 baths, and was built in 1980. The property's zip code is 32931 which is in Cocoa Beach, FL