NOT LISTED FOR SALE

1327 West Point Dr Cocoa, FL 32922

-- Bed
-- Bath
15,630 Sq Ft
1.07 Acres

Last Sold February 27, 2015

Last sale price $715,000 $46 Per Sq Ft

2,298 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of February 2015

This is a 24 unit apartment complex oriented as follows; there are 4 single story garden style duplexes on the south end of the property and 2 x 8 unit 2 story buildings on the north end. 8 of the units are subsidized tenants. The property has had @ $100k in improvements since purchased by this owner and PGI has increased @ 66% over the last owner. All buildings are block construction. Confidential sale...call listing office for details / appt.

Last Agent to Sell the Property

Michael LaRocque

LaRocque & Co., Realtors License #696206 Listed on: 12/05/2014

Last Buyer's Agent

Chris Fadden

Christopher J. Fadden Realty License #478665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,744

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 190 x 245
  • Street terminates at a dead end

Parking

  • 30 Parking Spaces

Home Design

  • 15,630 Sq Ft Home
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, gas, grounds care, insurance, management, sewer, taxes, trash collection, water
  • Assessor Parcel Number 243629bo000000000b04

Community Details

Overview

  • No Home Owners Association
  • 24 Units
  • Pineridge Unit No 3 Subdivision

Building Details

  • Operating Expense $87,638
  • Gross Income $188,700
  • Net Operating Income $101,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,744

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Dead End Street, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Pineridge Unit No 3
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 243629bo000000000b04
  • Location Tax and Legal Tax Annual Amount: 10743.99
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Building Area Total3: 15630.0
  • General Property Information Lot Size Acres: 1.07
  • General Property Information Lot Size Square Feet2: 46609.2
  • General Property Information Waterfront YN: No
  • Flooring Tile: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 190 x 245
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 24.0
  • Gross Scheduled Income: 188700.0
  • Income And Expenses Operating Expense: 87638.0
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Other

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.07
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Total Parking Spaces: 30.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 30.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 190 x 245
  • Lot Size Sq Ft: 46609.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2421297
  • Parcel #: 243629bo000000000b04
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Management, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 10743.99

Multi Family

  • Number Of Units Total: 24
  • Annual Operating Expense: 87638.0
  • Income And Expenses Net Operating Income: 101061.0

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
02/27/2015 02/27/15 Sold $715,000 -48.7% $46 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
10/07/2008 10/07/08 For Sale $1,395,000 -- $89 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael LaRocque

    LaRocque & Co., Realtors

    Section Image

  • C

    Buyer's Agent in 2015

    Chris Fadden

    Christopher J. Fadden Realty

    (321) 427-9964

    1 Total Sale

    Chris Fadden
    Section Image
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Map

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

MLS Number: 522097

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Cocoa 32922

1327 West Point Dr, Cocoa, FL

This home is located at 1327 West Point Dr, Cocoa, FL 32922 since 05 December 2014. 1327 West Point Dr is a home located in Brevard County with nearby schools including Cambridge Elementary Magnet School, Cocoa High School, and Emma Jewel Charter Academy.

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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