Florida / Cocoa / 32922 / 650 Dixon Boulevard

650 Dixon Boulevard

Q: What is the asking price for 650 Dixon Boulevard in Cocoa?

The asking price for 650 Dixon Boulevard is $4,900,000

Q: What is the building size of this Multifamily property in Cocoa, FL?

The size of the building/unit at 650 Dixon Boulevard in Cocoa is 28,400 square feet.

Q: How much land does the Cocoa, FL property at 650 Dixon Boulevard include?

650 Dixon Boulevard in Cocoa includes 1.000 acres of land.

Q: What is the population within 1 mile of 650 Dixon Boulevard?

The population within 1 mile of 650 Dixon Boulevard Cocoa, FL 32922 is 7,480 people.

Q: Who do I contact for questions about 650 Dixon Boulevard?

You should contact the listing agent, Jason Hague , for any details regarding this commercial listing.

Cocoa, FL 32922

Listing ID: 275724

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Building Size: 28,400 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $172.54

Land $/SF: $112.49

Price

$4,900,000

Property Highlights

Immense value-add opportunity through property stabilization

Located in Floridas Space Coast home of NASA, SpaceX and Blue Origin

Located 11 miles from Cocoa Beach and the Atlantic Ocean and 48 miles from Downtown Orlando

Situated 0.1 miles from the Indian River not in a flood zone and US Highway 1 which sees 37,000 cars daily

Two of the three roofs replaced in the last five years

Description

52-unit multifamily community in Cocoa, Florida (Space Coast region) On-site laundry facility and leasing office
13 down units that can be brought back on-line, realizing a 7.53% cap rate, 12.7% cash-on-cash return or 23% leveraged IRR by the end of Year 1
Approximately 90% of rent-ready units have been upgraded with stainless steel or white appliance packages, white cabinets, faux granite countertops, upgraded vanities and keyless entry
Situated less than five miles from SpaceX's Rocket & Assembly Site and 13 miles from the Launch & Landing Control Center at NASA's Kennedy Space Center

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Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 650 Dixon Boulevard Cocoa, FL 32922

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

Demographics Charts

Demographics Tables

Total Population		7,480	58,250	117,034
Population Median Age		44	42	44
Population by Age	0-9 Yrs	495 (6%)	6015 (10%)	11029 (9%)
	10-19 Yrs	1041 (13%)	6884 (11%)	13044 (11%)
	20-29 Yrs	924 (12%)	7089 (12%)	12930 (11%)
	30-39 Yrs	641 (8%)	6265 (10%)	12287 (10%)
	40-49 Yrs	974 (13%)	6893 (11%)	13372 (11%)
	50-59 Yrs	1184 (15%)	8800 (15%)	18943 (16%)
	60-69 Yrs	1044 (13%)	8155 (14%)	17227 (14%)
	70+ Yrs	1175 (15%)	8148 (13%)	18203 (15%)

Median HH Income		$42,217	$47,053	$55,119
Total Household Income	< 24K	941 (29%)	6130 (25%)	10011 (21%)
	25-49K	991 (31%)	6585 (27%)	11543 (24%)
	50-74K	453 (14%)	3905 (16%)	8339 (17%)
	75-99K	200 (6%)	2317 (9%)	5814 (12%)
	100-199K	450 (14%)	3615 (15%)	8964 (19%)
	200K+	110 (3%)	1030 (4%)	2314 (4%)

Highest Education Level	No Diploma	686	4616	7542
	Diploma or GED	1578	11802	23637
	Some College	1298	9320	18811
	Assoc. Degree	933	5587	12099
	Bachelors Degree	700	6979	15954
	Higher Degree	410	3969	9082

Total Housing Units		4,200	29,223	57,635
--Owner-Occupied		1,832	15,070	33,658
--Renter-Occupied		1,314	8,513	13,326
Owner-Occupied Values	< 100K	577	3382	6529
	100-199K	659	5054	9986
	200-299K	310	3139	8038
	300-399K	157	1775	4647
	400-499K	15	621	1925
	500K+	115	1098	2532

Total Working Age Population		6,261	47,736	97,705
In Work Force		3,481	27,067	54,617
Not In Work Force		2,780	20,669	43,088
Workforce Employed		3,140	25,408	51,415
Workforce Unemployed		336	1,575	2,930
Civlian Workforce		3,476	26,984	54,345
Military Workforce		5	83	272

Total Households		3,146	23,583	46,984
Family Households		1,645	13,792	28,543
Non-Family Households		1,501	9,791	18,441
Married Couple		947	9,566	21,381
Other Family		697	4,226	7,162
Married w/Child		176	2,557	5,454
Single Male w/Child		133	620	1,074
Single Female w/Child		241	1,611	2,487

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Brevard County	476,230	+14	543,376	+10	598,486	+10	656,288

Common Questions and Answers

What is the asking price for 650 Dixon Boulevard in Cocoa?

The asking price for 650 Dixon Boulevard is $4,900,000

What is the building size of this Multifamily property in Cocoa, FL?

The size of the building/unit at 650 Dixon Boulevard in Cocoa is 28,400 square feet

How much land does the Cocoa, FL property at 650 Dixon Boulevard include?

650 Dixon Boulevard in Cocoa includes 1.000 acres of land

What is the population within 1 mile of 650 Dixon Boulevard in Cocoa?

The population within 1 mile of 650 Dixon Boulevard Cocoa, FL 32922 is 7,480 people.

Who do I contact for questions about 650 Dixon Boulevard?

You should contact the listing agent, Jason Hague , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Closest Commercial Airports

Airport	Distance (mi)	Directions
Orlando International Airport (MCO)	35
Orlando Sanford International Airport (SFB)	41
Daytona Beach International Airport (DAB)	59

650 Dixon Boulevard

Cocoa, FL 32922

Property Highlights

Description

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Cocoa Area Market Trends

Listing Demographics for 650 Dixon Boulevard Cocoa, FL 32922

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Jason Hague

Marcus & Millichap

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