NOT LISTED FOR SALE

140 27th St Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated Value: $1,343,000 - $1,810,788

2 Beds
2 Baths
2,208 Sq Ft
$699/Sq Ft Est. Value

Last Sold April 15, 2014

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

Est. 125% increase in value since last sale

Current estimated payment $9,429/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

James 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

James Bagwell

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,071

Year Built

  • 1950

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

Year Built

1950

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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 16200.0
  • Income And Expenses Operating Expense: 7500.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1950

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
  • Additional Parcels Description: 2520341
  • 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
James Bagwell
Walker Bagwell Properties Ltd
Buyer's Agent
James Bagwell
Walker Bagwell Properties Ltd
List Price
$965,000
Sold Price
$685,000
Premium/Discount to List
-$280,000
-29.02%
Total Days on Market
204
Current Estimated Value
$1,543,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,929
Avg. Annual Appreciation
7.28%

Purchase Details

Listed on
Dec 30, 2013
Closed on
Apr 9, 2014
Sold by
Michael J Price Md Pa
Bought by
Price K Etta
Seller's Agent
James Bagwell
Walker Bagwell Properties Ltd
Buyer's Agent
James Bagwell
Walker Bagwell Properties Ltd
List Price
$965,000
Sold Price
$685,000
Premium/Discount to List
-$280,000
-29.02%

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:

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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
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 Change Sq Ft Price
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
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

    James Bagwell

    Walker Bagwell Properties Ltd

    (321) 213-0615

    5 in this area

    7 Total Sales

    James Bagwell
    Section Image
  • Ada Bagwell

    Seller Co-Listing Agent in 2014

    Ada Bagwell

    Walker Bagwell Properties Ltd

    (321) 432-4741

    10 in this area

    16 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 Cocoa Beach

140 27th St, Cocoa Beach, FL

This home is located at 140 27th St, Cocoa Beach, FL 32931 since 30 December 2013 and is currently estimated at $1,543,929, approximately $699 per square foot. This property was built in 1950. 140 27th St 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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