NOT LISTED FOR SALE

118 Cedar Ave Cocoa Beach, FL 32931

Estimated Value: $426,056 - $540,000

4 Beds
1 Bath
1,708 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $295,000 $173 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,228/month

1 Day on Market

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Theodore Roosevelt Elementary School Rated 9+
  • Tile Flooring

About This Home

As of August 2020

GREAT INCOME property in Cocoa Beach TRIPLEX 5 blocks from the Beach, WOW !!! Property needs some love !! Units composed of a 2bd 1ba, a 1 bd 1 ba, and a Studio. Plenty of shade trees, peaceful neighborhood. Surrounded by lots of recreational opportunities.

Last Agent to Sell the Property

William Howell

Florida Properties of Brevard Listed on: 07/16/2020

Last Buyer's Agent

Matt Canina

Florida Elite Real Estate License #3217283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1963

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Cooling Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Cocoa Beach 8Th Addn To Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 25-37-10-82-117-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,411

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Reso Property Sub Type: Triplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach 8th Addn To
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 25-37-10-82-117-3
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 3411.0
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1708.0
  • General Property Information Building Area Total3: 1807.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7500.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 60x125
  • General Property Information Number Of Units Total2: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 3.0

Utilities

  • Cooling: Other
  • Utilities: Cable Available, Water Available
  • Cooling Other: Yes
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Dimensions: 60x125
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-10-82-117-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Other

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3411.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Rigney George Allie
Bought by
118 Cedar Avenue Llc
Current Estimated Value
$473,264

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 24, 2020
Sold by
Fulton Jimmy Neil and Jimmy Neil Fulton Revocable Li
Bought by
Rigney George Allie
Seller's Agent
William Howell
Florida Properties of Brevard
Buyer's Agent
Matt Canina
Florida Elite Real Estate
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$195,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Schulman Suzanne
Bought by
Fulton Jimmy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
6.43%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Nielson Gilbert and Nielson Linda J
Bought by
Schulman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.82%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
118 Cedar Avenue Llc $100 None Listed On Document
118 Cedar Avenue Llc $100 None Listed On Document
Rigney George Allie $295,000 The Title Station Inc
Fulton Jimmy N $237,000 International Title & Escrow
Schulman Suzanne $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rigney George Allie $195,000
Previous Owner Fulton Jimmy N $177,750
Previous Owner Schulman Suzanne $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $295,000 +2.1% $173 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $289,000 -- $169 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $8,801 $532,800 -- --
2024 $5,925 $532,800 -- --
2023 $5,925 $440,640 $190,000 $250,640
2022 $4,587 $304,200 $0 $0
2021 $4,106 $241,310 $190,000 $51,310
2020 $3,777 $219,380 $145,000 $74,380
2019 $3,517 $199,430 $145,000 $54,430
2018 $3,346 $186,000 $0 $186,000
2017 $3,197 $176,000 $0 $176,000
2016 $2,939 $154,000 $0 $0
2015 $2,699 $140,000 $100,000 $40,000
2014 $1,685 $122,600 $80,000 $42,600
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Howell

    Florida Properties of Brevard

  • Matt Canina

    Buyer's Agent in 2020

    Matt Canina

    Florida Elite Real Estate

    (321) 266-1798

    2 in this area

    99 Total Sales

    Matt Canina
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 880473

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-82-00117.0-0003.00

Florida Brevard County Cocoa Beach 32931

118 Cedar Ave, Cocoa Beach, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) 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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