NOT LISTED FOR SALE

140 27th St Cocoa Beach, FL 32931

Estimated Value: $852,000 - $1,814,120

2 Beds
2 Baths
2,208 Sq Ft
$593/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $685,000 $310 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,092/month

204 Days on Market

Highlights

  • Ocean Front
  • 0.78 Acre Lot
  • Double Oven
  • Theodore Roosevelt Elementary School Rated 9+
  • No HOA
  • Resident Manager or Management On Site

About This Home

As of April 2014

A truly unique property. This is now a triplex on the ocean which is converted from a quadplex. The owners have used the 2nd floor as a 2nd home with a renovated kitchen and baths. The 2nd kitchen is essentially in place so easily converted back to a quadplex. Property features around 100' on the ocean and 160' deep. Outside deck with amazing views.

Last Agent to Sell the Property

Jim Bagwell

Walker Bagwell Properties Ltd License #3017926 Listed on: 12/30/2013

Co-Listed By

Ada Bagwell

Walker Bagwell Properties Ltd License #3044095

Last Buyer's Agent

Jim Bagwell

Walker Bagwell Properties Ltd License #3017926 Listed on: 12/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,071

Lot Details

  • 0.78 Acre Lot
  • Ocean Front
  • Street terminates at a dead end

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Schools

  • Roosevelt Elementary School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, taxes
  • Assessor Parcel Number 25-37-26-50-0000e.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Crescent Beach Subdivision

Building Details

  • Operating Expense $7,500
  • Gross Income $16,200
  • Net Operating Income $8,700

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,071

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Dead End Street
  • Reso Association Amenities: Management - Live In
  • Co List Office Mls Id: wbpr0
  • Co List Office Phone: 321-868-3151
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crescent Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 25-37-26-50-0000e.0-0003.00
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Tax Annual Amount: 9070.65
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2208.0
  • General Property Information Building Area Total3: 2208.0
  • General Property Information Lot Size Acres: 0.78
  • General Property Information Lot Size Square Feet2: 33977.0
  • General Property Information Waterfront YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 100.35 ft x 160.0 ft
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 16200.0
  • Income And Expenses Operating Expense: 7500.0
  • Association Amenities Management - Live In: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Double Oven, Electric Range, Microwave, Refrigerator
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.78
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, 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: 100.35 ft x 160.0 ft
  • Lot Size Sq Ft: 33977.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-26-50-0000e.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Taxes, Other

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 9070.65

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7500.0
  • Income And Expenses Net Operating Income: 8700.0

MLS Schools

  • Elementary School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Apr 14, 2014
Sold by
Price K Etta
Bought by
Cirrincione Hedy
Seller's Agent
Jim Bagwell
Walker Bagwell Properties Ltd
Buyer's Agent
Jim Bagwell
Walker Bagwell Properties Ltd
List Price
$965,000
Sold Price
$685,000
Premium/Discount to List
-$280,000
-29.02%
Current Estimated Value
$1,309,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,373
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Price Md Pa Michael J
Bought by
Price K Etta

Purchase Details

Closed on
Dec 31, 1997
Sold by
Panich Barbara Schluraff
Bought by
Price Michael J

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
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
Schluraff Panic Branko and Schluraff Panich Barbara
Bought by
Panich Barbara Schluraff

Purchase Details

Closed on
Dec 22, 1993
Sold by
Pope Carole C and Pope James M
Bought by
Panic Branko and Panic Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cirrincione Hedy $685,000 International Title & Escrow
Price K Etta $46,000 --
Price Michael J -- --
Price Michael J $235,000 --
Panich Barbara Schluraff -- --
Panic Branko $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Michael J $130,000
Previous Owner Panic Branko $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $685,000 -29.0% $310 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
08/26/2013 08/26/13 For Sale $965,000 -- $437 / 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
2025 $14,541 $1,137,780 -- --
2024 $14,832 $1,142,270 -- --
2023 $14,832 $1,142,400 $862,500 $279,900
2022 $13,788 $1,146,600 $0 $0
2021 $13,039 $962,670 $862,500 $100,170
2020 $12,139 $875,160 $862,500 $12,660
2019 $11,290 $795,600 $775,000 $20,600
2018 $12,377 $854,440 $775,000 $79,440
2017 $12,045 $794,090 $716,890 $77,200
2016 $11,590 $727,160 $651,000 $76,160
2015 $11,059 $658,450 $604,500 $53,950
2014 $10,605 $604,500 $604,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Bagwell

    Walker Bagwell Properties Ltd

    (321) 213-0615

    4 in this area

    6 Total Sales

    Jim Bagwell
    Section Image
  • Ada Bagwell

    Seller Co-Listing Agent in 2014

    Ada Bagwell

    Walker Bagwell Properties Ltd

    (321) 432-4741

    9 in this area

    15 Total Sales

    Ada Bagwell
    Section Image
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Map

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

MLS Number: 676305

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-50-0000E.0-0003.00

Florida Brevard County Cocoa Beach 32931

140 27th St, Cocoa Beach, FL

Not Listed for Sale

MultiFamily

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