Investor Alert: High-Yield Waterfront Property with 7% Cap Rate This 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.

Listing courtesy of Cameron Realty Group

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