This multi-family property in Downtown Cocoa Beach is all about location. It is just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants. This property is zoned RM2A and can build up to 44 feet. Build three townhomes with ocean views from the second floor. Newer residences in Brevard, this close to the beach, have been selling in the mid 300's per SQFT. Prime location for vacation rentals. Port Canaveral is 4.6 miles away. Currently, there is a 7 bed, 4, bath, and 2989 sqft home that can be remodeled. Zoning allows for short-term rentals. This is an ideal property to do a 1031 exchange with.