241 Indian River Drive, Cocoa, FL 32922
None · Brevard County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Stories
2
Lot Size
0.72 acres
Garage Spaces
3
MLS® Listing#
1082298
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Cambridge
- High:
- Cocoa
Financial Details
HOA
None
Annual Taxes
$15,892
Tax year 2025
Affordability Calculator
$460,000
Estimated monthly payment
$12,242/mo
Principal $1,840,000 · Est. interest $2,566,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cocoa, FL
- $361,290
- Median Listing Price
- 68
- Median Days on Market
- 1,461
- Median Sq Ft
- $257
- Median Price / Sq Ft
- 622
- Active Listings
- This home’s price is 537% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cocoa, FL.
Location
Points of Interest in Cocoa, FL
Showing the Cocoa area map.
Nearby Schools
Atlantic Inclusive Academy
School · 0.4 mi away
St Mark's Episcopal Academy
School · 0.6 mi away
Emma Jewel Charter Academy
School · 0.9 mi away
Ronald McNair Magnet Middle
Secondary · 1.0 mi away
Prodigy Talent Training
School · 1.2 mi away
Endeavour Elementary School
Elementary · 1.2 mi away
Florida Learning Academy Private School
School · 1.4 mi away
Rockledge High School
Secondary · 1.5 mi away
Trinity Lutheran Church & School
School · 1.6 mi away
RFM Christian Academy
School · 1.6 mi away
Mila Elementary School
Elementary · 1.6 mi away
Merritt Island Christian School
Secondary · 1.7 mi away
Golfview Elementary Magnet School
Elementary · 1.7 mi away
Gardendale Elementary School
Elementary · 1.8 mi away
Rockledge Presbyterian Church
School · 1.8 mi away
Clearlake Middle School
School · 1.9 mi away
Central Area Alternative Learning Center
School · 2.0 mi away
Brevard Virtual School
School · 2.0 mi away
Edgewood Junior Senior School
Secondary · 2.0 mi away
Cambridge Elementary School
Elementary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 402 S ORLANDO AVENUE, COCOA BEACH, FL | $1,799,000 | 8 | 7 | 3,156 |
| 7 MITCHELL STREET, COCOA, FL | $2,300,000 | 9 | 10 | 6,073 |
| 7 Mitchell Street, Cocoa, FL | $2,300,000 | 9 | 10 | 6,073 |
Moving Cost Estimate
EXIT Agents in Cocoa
Listing Courtesy: Dale Sorensen Real Estate Inc. - 3214217550