Prime Cocoa Beach investment opportunity just one block from the world-famous Cocoa Beach Pier. This 4-unit multifamily property at 160 S Shepard Dr features four 2BR/1.5BA units, and Units 9-12 are the only units in the community zoned for short-term vacation rentals--a rare and valuable advantage.Units 10 & 12 operate as high-performing STRs, generating approx. $7,500/month each. Units 9 & 11 are long-term rentals but can be vacated with 30-day notice for STR conversion. Community amenities in...Prime Cocoa Beach investment opportunity just one block from the world-famous Cocoa Beach Pier. This 4-unit multifamily property at 160 S Shepard Dr features four 2BR/1.5BA units, and Units 9-12 are the only units in the community zoned for short-term vacation rentals--a rare and valuable advantage.Units 10 & 12 operate as high-performing STRs, generating approx. $7,500/month each. Units 9 & 11 are long-term rentals but can be vacated with 30-day notice for STR conversion. Community amenities include a beautiful pool and unbeatable walkability to the beach, dining, and entertainment.A turnkey, income-producing coastal asset in one of Floridas most desirable beach markets.