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161 S Shepard Dr , Cocoa Beach, FL 32931

$719,995

In the heart of Cocoa Beach, close to everything but secluded near beautiful river facing homes. A walking distance to the Atlantic Ocean where the hustle and bustle occur. Use your creativity to build your piece of Paradise. Gateway Redevelopment District. Zone for multifamily dwelling, professional business, bed & breakfast establishment, stores and services, pet care facility w/o boarding, tattoo studio and drive-through facility

Highlights

  • Land
  • Unimproved Land
  • 0.36 Acre Lot
  • 682 days on Market


  • Acres
    0.36
  • Lot Features
    Few Trees
  • Utilities
    Sewer Available, Electricity Available, Water Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 161 S Shepard Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 161 S Shepard Dr.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 161 S Shepard Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $719,995. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Cocoa Beach, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 161 S Shepard Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 161 S Shepard Dr at around $4,303. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 161 S Shepard Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Brevard County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 161 S Shepard Dr?

In most cases, yes. Whether 161 S Shepard Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cocoa Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 161 S Shepard Dr?

We can handle that for you. Our preferred local agent specializes in lands in Cocoa Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

161 S Shepard Dr was listed on January 01, 2025, which means it's been on the market for 682 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

161 S Shepard Dr sits on a 0.36-acre lot, which is 15,682 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Cape View
  • Middle: Cocoa Beach
  • High: Cocoa Beach

Want to see how these schools compare? Check out our Brevard County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 161 S Shepard Dr?

The most recent public record shows annual property taxes for 161 S Shepard Dr were approximately $2,467. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 161 S Shepard Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: November 14, 2026 at 03:35AM | Source: Brevard MLS | MLS#: 1032993