NOT LISTED FOR SALE

1381 S Orlando Ave Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated Value: $820,000 - $874,000

-- Bed
1 Bath
1,775 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $550,000 $310 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,284/month

4 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Tile Flooring
  • Theodore Roosevelt Elementary School Rated 9+

About This Home

As of April 2021

MULTI OFFERS HIGHEST & BEST BY SAT NOON~Surf's up! Welcome to Dune Top! This beachside quadruplex is currently being rented as vacation rentals. Long successful rental history. Each studio is fully equipped with everything you need to run your own vacation rental business, it's a turnkey operation! 1 block to the Atlantic Ocean. 1 parking space per unit and 2 guest parking spots. Each studio is approximately 420 SF and has an outside patio area for your guests to enjoy. Tropical grounds with low maintenance. Outside shower for guest to rinse off after hitting the beach. Common area room with coin operated washer and dryer and storage. Storage Shed on the grounds for owner's needs. Studios were redesigned and totally renovated in 2006 including plumbing and electric. Each studio is metered. metered.

Last Agent to Sell the Property

Kelly Walen

RE/MAX Aerospace Realty License #3248734 Listed on: 03/02/2021

RE/MAX Aerospace Realty

Last Buyer's Agent

Liz McGinley

Florida Indeed Real Estate Inc License #3233188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Quadruplex
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,775 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Separate Meters

Listing and Financial Details

  • The owner pays for cable TV, electricity, grounds care, pest control, taxes, trash collection
  • Assessor Parcel Number 25-37-23-77-00019.A-0008.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cocoa Beach 3Rd Addn To Subdivision

Building Details

  • Operating Expense $19,639
  • Gross Income $51,782
  • Net Operating Income $32,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,295

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Reso Property Sub Type: Quadruplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach 3rd Addn To
  • Carport Y N: No
  • Garage Yn: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Gross Scheduled Income: 51782.0
  • Income And Expenses Operating Expense: 19639.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes
  • General Property Information:Parking Total: 6.0

Utilities

  • Cooling: Electric
  • Utilities: Electricity Connected, Sewer Available, Sewer Connected, Water Available, Separate Electric Meters
  • 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: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2520030
  • Parcel #: 25-37-23-77-00019.A-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Electricity, Grounds Care, Pest Control, Taxes, Trash Collection, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4294.69

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 19639.0
  • Income And Expenses Net Operating Income: 32142.0

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 6, 2021
Sold by
Shadrick Don A and Shadrick Patricia A
Bought by
Gimme Shelter 14 Llc
Seller's Agent
Kelly Walen
RE/MAX Aerospace Realty
Buyer's Agent
Liz McGinley
Florida Indeed Real Estate Inc
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Total Days on Market
4
Current Estimated Value
$846,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,000
Avg. Annual Appreciation
8.91%
Original Mortgage
$600,000
Outstanding Balance
$552,539
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$230,456

Purchase Details

Closed on
Sep 1, 2017
Sold by
Cb Holdings 1 Llc
Bought by
Vanduzen Thomas E and Vanduzen Van Duzen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.92%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Askins Signa L and Hurlburt Keith
Bought by
Shadrick Don A and Shadrick Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.54%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Hurlburt Thelma and Hurlburt Keith
Bought by
Hurlburt Keith and Askins Signa L

Purchase Details

Closed on
Jun 11, 1996
Sold by
Hurlburt Thelma
Bought by
Hurlburt Thelma
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
Gimme Shelter 14 Llc $550,000 International T&E Co Llc
Vanduzen Thomas E $290,000 Island Title & Escrow Agency
Shadrick Don A $365,000 --
Hurlburt Keith -- --
Hurlburt Thelma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gimme Shelter-14D Llc $600,000
Previous Owner Vanduzen Thomas E $130,000
Previous Owner Shadrick Don A $273,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $550,000 +4.8% $310 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $525,000 0.0% $296 / Sq Ft
02/23/2021 02/23/21 Price Changed $525,000 -- $296 / 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 $9,528 $570,240 $290,000 $280,240
2022 $8,619 $534,600 $0 $0
2021 $4,500 $276,000 $225,000 $51,000
2020 $4,295 $250,900 $147,000 $103,900
2019 $3,998 $228,100 $145,000 $83,100
2018 $3,824 $214,000 $0 $214,000
2017 $3,657 $202,000 $0 $202,000
2016 $3,382 $180,000 $0 $0
2015 $2,922 $161,700 $100,000 $61,700
2014 $2,690 $147,000 $80,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Walen

    Seller's Agent in 2021

    Kelly Walen

    RE/MAX

    (321) 848-4225

    35 in this area

    72 Total Sales

    Kelly Walen
    Section Image
  • Liz McGinley

    Buyer's Agent in 2021

    Liz McGinley

    Florida Indeed Real Estate Inc

    (386) 690-0440

    2 in this area

    30 Total Sales

    Liz McGinley
    Section Image
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Map

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

MLS Number: 897016

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-23-77-00019.A-0008.00

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

1381 S Orlando Ave, Cocoa Beach, FL

This home is located at 1381 S Orlando Ave, Cocoa Beach, FL 32931 since 02 March 2021 and is currently estimated at $846,000, approximately $476 per square foot. This property was built in 1958. 1381 S Orlando Ave is a home located in Brevard County with nearby schools including Theodore Roosevelt Elementary School, Cocoa Beach Junior/Senior High School, and Cocoa Beach Christian School.

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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