NOT LISTED FOR SALE

138 Bimini Rd Cocoa Beach, FL 32931

Estimated Value: $735,000 - $861,000

3 Beds
2 Baths
1,759 Sq Ft
$465/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $560,000 $318 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,169/month

5 Days on Market

Highlights

  • Boat Dock
  • River View
  • Porch
  • Cocoa Beach Junior/Senior High School Rated A
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2021

Location !! Location!! Location !!
Direct river access with boat dock!! Deep water canal. Bring your boat and water toys !!
One block from the ocean !! BRAND NEW ceramic tile roof 2019.
Needs some updating. Make it your own... Motivated seller bring your best offer. This house will not last long. Direct banana river access!!

Last Agent to Sell the Property

Michael Knuelle

SunCoast Real Estate Group Listed on: 03/22/2021

Last Buyer's Agent

Eric Larkin

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • River Front
  • North Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • River Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-37-03-01-00000.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • Cocoa Isles 9Th Addn Sec A Association
  • Cocoa Isles 9Th Addn Sec A Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,573

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Isles 9th Addn Sec A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 25-37-03-01-00000.0-0005.00
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 6573.38
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1759.0
  • General Property Information Building Area Total3: 2199.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Property Condition Fixer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Acres: 0.25
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: COCOA ISLES 9TH ADDN SEC A
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: COCOA ISLES 9TH ADDN SEC A
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2513869
  • Parcel #: 25-37-03-01-00000.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6573.38

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 17, 2021
Sold by
Perry C Lynn C and Perry Lynn C
Bought by
Michielli Patricia L and Michielli David
Seller's Agent
Michael Knuelle
SunCoast Real Estate Group
Buyer's Agent
Eric Larkin
RE/MAX Aerospace Realty
List Price
$618,000
Sold Price
$560,000
Premium/Discount to List
-$58,000
-9.39%
Current Estimated Value
$818,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,752
Avg. Annual Appreciation
8.95%
Original Mortgage
$424,000
Outstanding Balance
$384,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$434,502

Purchase Details

Closed on
Mar 3, 2020
Sold by
Beavers Georgene Perry and Perry Georgene Suzanne
Bought by
Perry C Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Michielli Patricia L $560,000 Supreme Title Closings Llc
Perry C Lynn -- Brown & Assc Law & Ttl P A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michielli Patricia L $424,000
Previous Owner Perry C Lynn $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $560,000 -9.4% $318 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $618,000 0.0% $351 / Sq Ft
04/24/2017 04/24/17 Rented $2,150 0.0% --
04/12/2017 04/12/17 Under Contract -- -- --
04/05/2017 04/05/17 Price Changed $2,150 -4.4% $1 / Sq Ft
03/24/2017 03/24/17 For Rent $2,250 0.0% --
03/17/2017 03/17/17 Under Contract -- -- --
02/18/2017 02/18/17 Price Changed $2,250 -4.3% $1 / Sq Ft
12/29/2016 12/29/16 For Rent $2,350 +30.6% --
09/08/2014 09/08/14 Rented $1,800 0.0% --
09/08/2014 09/08/14 For Rent $1,800 +5.9% --
08/15/2013 08/15/13 Rented $1,700 -12.8% --
08/05/2013 08/05/13 Under Contract -- -- --
06/13/2013 06/13/13 For Rent $1,950 +11.4% --
06/15/2012 06/15/12 Rented $1,750 0.0% --
05/22/2012 05/22/12 Under Contract -- -- --
04/20/2012 04/20/12 For Rent $1,750 -- --
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 $10,089 $665,080 -- --
2024 $10,209 $661,540 -- --
2023 $10,209 $660,240 $425,000 $235,240
2022 $9,391 $591,400 $0 $0
2021 $6,823 $414,960 $285,000 $129,960
2020 $6,333 $381,840 $250,000 $131,840
2019 $6,573 $388,390 $250,000 $138,390
2018 $6,567 $381,330 $245,000 $136,330
2017 $6,169 $347,160 $230,000 $117,160
2016 $6,006 $345,390 $225,000 $120,390
2015 $5,445 $292,780 $200,000 $92,780
2014 $4,957 $266,170 $181,000 $85,170
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 900110

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-03-01-00000.0-0005.00