About This Property:

Investor Alert: High-Yield Waterfront Property with 7% Cap RateThis fully renovated, income-producing property is a rare find! Tenant in place until December 31, 2025, paying market-high rent of $1, 800 per month, ensuring immediate and stable cash flow. With low taxes, low insurance costs, and no homeowners association fees, this property is designed to maximize your returns. Offering a 7% cap rate, it's the perfect hassle-free investment.Located in the quiet community of Cocoa Hills, just blocks from Florida's beautiful ocean, this 3-bedroom, 2-bathroom home sits on a large lot with 70 feet of serene waterfront, ideal for fishing or wildlife observation. The property features stainless steel appliances, natural gas on-site, and a newer AC package unit for year-round comfort. A roof inspection is available upon request for added peace of mind.Best of all, the property has already been completely renovated, so no additional expenses for upgrades or repairs are needed.