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Updated almost 5 years ago on . Most recent reply

Cocoa, Cocoa Beach, Merritt Island - FL Area
Hello all,
Looking to invest in any 3 of those areas but not limited to. Anyone have any experience in these markets? My residence is in MA and I am seeking out of state for investment. I currently am working with a broker at the moment and any feedback anyone can provide would be greatly appreciated. Looking for a SFH to rent.
Thank you and I appreciate your responses.
-John
Most Popular Reply

Originally posted by @Laramy Gregory:
Hey John! My wife and I bought a condo in Cocoa Beach in Dec 2015. We gutted it and renovated it for weekly rentals. It is on the beach, a 1 off unit that is in a great complex. My advice to you in that area is to check and make sure you can advertise weekly rental in your complex. This was a huge factor in where we bought. We are in a complex that is allowed to do so and it attracts weekly Summer rentals as well as weekly Spring/Fall Break rentals AND Winter snowbirds for Jan-March. We love that area and have had great success advertising on VRBO and FLIPKEY. Happy to discuss further if needed. Feel free to inbox me.
(I'm just seeing this now)
Thank you for the info. Glad you are doing well with the week to week. Pretty cool you hit that niche within a beautiful place such as Cocoa Beach.
I ended up getting a SF and we have tenants in there as we speak. Currently seeking multifamily apartments at the moment in these specific areas as well.
I appreciate you!