Seller's Agent in 2024
Paige Lane
Keller Williams Realty Brevard
(321) 626-0889
12 in this area
172 Total Sales
113 Oak Ave Cocoa Beach, FL 32931
Estimated Value: $593,016 - $1,160,000
6
Beds
4
Baths
2,896
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Corner Lot
- Furnished
- Balcony
- Theodore Roosevelt Elementary School Rated 9+
- No HOA
- Outdoor Shower
About This Home
As of May 2024TURN-KEY Income Producing Vacation Rental! This Fully Furnished Beach Duplex is a short walk to the Beach and Downtown Cocoa Beach!
Each Unit has 2 bedrooms and 2 bathrooms on the main floor and a loft upstairs that is set up as a 3rd bedroom. The 2 units are tastefully decorated in a coastal beach theme. Guests love the Upstairs Balconies and the Spacious Backyards where they can enjoy Fine Florida Living. With Downtown Cocoa Beach mere steps away, Guests have easy access to an array of Dining, Shopping, and Entertainment options.
Everything you need for a successful vacation rental is already in place. The Beach Duplex is listed on Airbnb, Vrbo, and a Direct Book Website. The back-end processes have been streamlined using automation and software to make self-management very efficient.
This is a perfect investment for an experienced vacation rental owner or someone wanting to get started in this lucrative industry. Great 1031 Exchange Opportunity! Renovation in 2014 to include a New Metal Roof, New Impacted Rated Windows/Doors, and Updated Plumbing. New upstairs Balconies, New Vinyl Fence (115 Oak Ave) and Fresh Paint to Interior and Exterior in 2022.
Last Agent to Sell the Property
Keller Williams Realty Brevard License #3337624 Listed on: 03/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,870
Year Built
- Built in 1959
Lot Details
- 7,405 Sq Ft Lot
- West Facing Home
- Privacy Fence
- Vinyl Fence
- Back Yard Fenced
- Corner Lot
Home Design
- Duplex
- Metal Roof
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,896 Sq Ft Home
- Furnished
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Carport Spaces
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Balcony
- Fire Pit
Utilities
- Central Heating and Cooling System
- Separate Meters
- Separate Water Meter
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-37-10-82-00117.0-0020.00
Community Details
Overview
- No Home Owners Association
- 2 Units
- Cocoa Beach 8Th Addn To Subdivision
Building Details
- Gross Income $154,746
- Net Operating Income $89,831
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
May 17, 2024
Sold by
Lane Paige and Lane Rachel
Bought by
F And L Vacation Rentals Llc
Seller's Agent
Paige Lane
Keller Williams Realty Brevard
Buyer's Agent
Sascha Davis
EXP Realty, LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,996
Avg. Annual Appreciation
-17.27%
Original Mortgage
$712,500
Outstanding Balance
$672,307
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$133,697
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 31, 2022
Sold by
Skogsberg Eric E and Skogsberg Cynthia J
Bought by
Lane Paige and Lane Rachel
Seller's Agent
Andrew Barclay
EXP Realty, LLC
Buyer's Agent
Paige Lane
Keller Williams Realty Brevard
List Price
$725,000
Sold Price
$759,500
Premium/Discount to List
$34,500
4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.99%
Purchase Details
Closed on
Oct 19, 2001
Sold by
Robertson Suzanne
Bought by
Skogsberg Cynthia J and Skogsberg Eric E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
6.85%
Purchase Details
Closed on
Feb 21, 1995
Sold by
Scafidi Roy J and Scafidi Pamela D
Bought by
Robertson Suzanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
9.18%
Purchase Details
Closed on
Sep 15, 1993
Sold by
Bertsch Lloyd E and Bertsch Bette M
Bought by
Scafidi Roy J and Scafidi Pamela D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.22%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| F And L Vacation Rentals Llc | $1,100,000 | Foundation Title & Settlement | |
| F And L Vacation Rentals Llc | $1,100,000 | Foundation Title & Settlement | |
| Lane Paige | $759,500 | Prestige Title | |
| Skogsberg Cynthia J | $157,900 | -- | |
| Robertson Suzanne | $87,000 | -- | |
| Scafidi Roy J | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | F And L Vacation Rentals Llc | $712,500 | |
| Closed | F And L Vacation Rentals Llc | $712,500 | |
| Previous Owner | Skogsberg Cynthia J | $142,100 | |
| Previous Owner | Robertson Suzanne | $10,500 | |
| Previous Owner | Scafidi Roy J | $73,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $1,100,000 | -8.3% | $380 / Sq Ft | |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- | |
| 03/14/2024 03/14/24 | For Sale | $1,200,000 | +58.0% | $414 / Sq Ft | |
| 03/31/2022 03/31/22 | Sold | $759,500 | +4.8% | $262 / Sq Ft | View Prior Sale |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- | |
| 02/24/2022 02/24/22 | For Sale | $725,000 | -- | $250 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,585 | $475,200 | -- | -- |
| 2024 | $6,870 | $475,200 | -- | -- |
| 2023 | $6,870 | $411,840 | $190,000 | $221,840 |
| 2022 | $5,840 | $415,800 | $0 | $0 |
| 2021 | $5,136 | $316,140 | $190,000 | $126,140 |
| 2020 | $4,716 | $287,400 | $145,000 | $142,400 |
| 2019 | $4,385 | $261,270 | $145,000 | $116,270 |
| 2018 | $4,107 | $244,000 | $0 | $244,000 |
| 2017 | $3,873 | $224,000 | $0 | $224,000 |
| 2016 | $3,525 | $192,000 | $0 | $0 |
| 2015 | $2,627 | $138,600 | $100,000 | $38,600 |
| 2014 | $2,420 | $126,000 | $80,000 | $46,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Lane
-
Sascha Davis
Buyer's Agent in 2024
Sascha Davis
EXP Realty, LLC
(304) 395-9407
1 in this area
282 Total Sales
-
A
Seller's Agent in 2022
Andrew Barclay
EXP Realty, LLC
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1007772
APN: 25-37-10-82-00117.0-0020.00
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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
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