Performance indicators for the Cocoa short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Cocoa.
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Challenging to Investors
STRs are explicitly allowed but heavily constrained by zoning restrictions, requiring property verification. Investors face complex multi-layer licensing (state, county, city) and occupancy-based fees ($219/guest/year for single-family, $146/guest/year for multi-family). Strict compliance burdens include 24/7 responsible party requirements, mandatory inspections, detailed posting rules, and aggressive penalties ($250 first day escalating to $1,000/day), making compliance costly and operationally challenging.
Local STR Agent
STR specialist · Cocoa, FL
Cocoa is a city in Brevard County, Florida. The population was 19,041 at the 2020 United States Census. It is part of the Palm Bay–Melbourne–Titusville Metropolitan Statistical Area.