$529,500
SOLD SEP 15, 2017
-- Bed
-- Bath
3,385 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • Cocoa Beach Junior/Senior High School Rated A
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2017

WOW 4 UNITS(2 Duplexes)1 BLOCK TO THE BEACH. FULLY RENOVATED 2 UNITS HAVE A GARAGE. ALL 4 UNITS HAVE NEWER ROOFS, UPDATED KITCHEN,& ALL NEW A/C, & ALL NEW ELECTRIC. EACH UNIT HAS A SEPARATE WATER & ELECTRIC METER.(Two duplexes, four units total with each unit having two bedrooms and one bath. Duplex building, which faces East Alachua, has a 3rd room, (bedroom,mancave,or office) & they also have a huge private laundry room with plenty of room for storage. The Duplex Building that faces California has a 1-car garage for each two bedroom/one bath unit) ALL NEXT DOOR TO TENNIS COURTS & PLAYGROUND & THEY ALL HAVE A SMALL BACK PATIO. 1 BLOCK TO THE BEACH & LESS THAN A MILE TO THE COCOA BEACH PIER. CLOSE TO SHOPPING, RESTAURANTS & SUPERMARKET. A MUST SEE, WON'T LAST. MAKE YOUR APPOINTMENT TODAY. TODAY.

Last Agent to Sell the Property

Walter Ferrero

EXP Realty, LLC License #3280259 Listed on: 07/21/2017

EXP Realty, LLC

Last Buyer's Agent

Stephen Cintron

RE/MAX Solutions License #685390

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,385 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 24-37-26-Ci-00027.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cocoa Ocean Beach Subd Subdivision

Building Details

  • Operating Expense $8,700
  • Gross Income $55,800
  • Net Operating Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,116

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Ocean Beach Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Gross Scheduled Income: 55800.0
  • Income And Expenses Operating Expense: 8700.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Microwave, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Available
  • 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 Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2436716
  • Parcel #: 24-37-26-Ci-00027.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Other

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5116.14

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8700.0
  • Income And Expenses Net Operating Income: 47100.0

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 15, 2017
Sold by
Ferrero Miguel
Bought by
Des Realty Corp Llc
Seller's Agent
Walter Ferrero
EXP Realty, LLC
Buyer's Agent
Stephen Cintron
RE/MAX Solutions
List Price
$550,000
Sold Price
$529,500
Premium/Discount to List
-$20,500
-3.73%
Total Days on Market
23
Current Estimated Value
$758,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,801
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Sep 10, 2014
Sold by
Wright Charles F and Wright Jason C
Bought by
Ferrero Miguel

Purchase Details

Closed on
Jun 15, 2001
Sold by
Englehart John C
Bought by
Wright Charles F and Wright Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.06%

Purchase Details

Closed on
Mar 2, 2000
Sold by
Hausmann Christine E
Bought by
Englehart John C

Purchase Details

Closed on
Jul 22, 1999
Sold by
Englehart Patricia
Bought by
Englehart Patricia M

Purchase Details

Closed on
Jun 3, 1998
Sold by
Englehart Richard D
Bought by
Englehart Richard D and Englehart Patricia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $529,500 Bella Title & Escrow Inc
Warranty Deed $259,900 Fidelity Natl Title Fl Inc
Warranty Deed $235,000 --
Trustee Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 No Value Available
Previous Owner $211,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2022 01/08/22 Rented $1,500 0.0% --
12/10/2021 12/10/21 Under Contract -- -- --
11/12/2021 11/12/21 For Rent $1,500 +0.3% --
04/01/2020 04/01/20 Rented $1,495 0.0% --
03/17/2020 03/17/20 Under Contract -- -- --
03/12/2020 03/12/20 Price Changed $1,495 -0.3% $2 / Sq Ft
02/18/2020 02/18/20 For Rent $1,500 0.0% --
02/01/2020 02/01/20 Rented $1,500 0.0% --
01/21/2020 01/21/20 Under Contract -- -- --
12/18/2019 12/18/19 For Rent $1,500 0.0% --
09/15/2017 09/15/17 Sold $529,500 -3.7% $156 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $550,000 -- $162 / 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
2023 $10,534 $691,200 $0 $0
2022 $8,802 $558,360 $0 $0
2021 $8,139 $485,150 $248,000 $237,150
2020 $7,477 $441,050 $160,000 $281,050
2019 $7,359 $425,000 $0 $425,000
2018 $7,483 $425,000 $0 $425,000
2015 $4,706 $248,000 $124,000 $124,000
2014 $4,701 $242,000 $124,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 789487

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-26-CI-00027.0-0003.00