$240,000
SOLD APR 16, 2014
-- Bed
-- Bath
3,409 Sq Ft
0.34 Acres

Recently Sold

$70 Per Sq Ft

16% Below List Price

26 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Central Air
  • Tropical Elementary School Rated 9+

About This Home

As of May 2022

Attention Investors! Rarely offered multi-family six-plex in historic Cocoa Village. Currently 100% occupied with several long-term tenants. Five(5) 1br/1ba units and one(1) 2br/1ba unit. Current CAP rate is 7.37% with the potential for 9.68. Conveniently located near Cocoa Village, Lee Wenner Park and the beautiful Indian River. Lots of off-street parking. Note: PLEASE DO NOT DISTURB TENANTS. Owner financing considered at 7%.

Last Agent to Sell the Property

Lisa Baldwin

Engel & Voelkers Melb Downtown Listed on: 02/14/2014

Last Buyer's Agent

Lisa Baldwin

Engel & Voelkers Melb Downtown Listed on: 02/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1960

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,409 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Tropical Elementary School
  • Rockledge High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • 0.34 Acre Lot
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 6 Units
  • Derbys Addn To Cocoa Subdivision

Listing and Financial Details

  • The owner pays for cable TV
  • Assessor Parcel Number 24-36-33-81-00000.0-0073.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Derbys Addn To Cocoa
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 24-36-33-81-00000.0-0073.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 3930.24
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Building Area Total3: 3409.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 98.0 ft x 150.0 ft
  • Lot Features Historic Area: Yes
  • General Property Information Number Of Units Total2: 6.0
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.34
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 98.0 ft x 150.0 ft
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2426427
  • Parcel #: 24-36-33-81-00000.0-0073.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Other

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3930.24

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Tropical
  • High School: Rockledge

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $775,000 -6.6% $227 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/14/2022 01/14/22 Price Changed $830,000 -5.1% $243 / Sq Ft
12/01/2021 12/01/21 For Sale $875,000 0.0% $257 / Sq Ft
08/15/2014 08/15/14 Rented $1,100 -8.3% --
07/16/2014 07/16/14 Under Contract -- -- --
07/06/2014 07/06/14 For Rent $1,200 0.0% --
04/16/2014 04/16/14 Sold $240,000 -15.8% $70 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $284,900 -- $84 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 689298

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-33-81-00000.0-0073.00