NOT LISTED FOR SALE

1431 S Atlantic Ave Unit 402 Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated Value: $1,003,000 - $1,150,000

3 Beds
3 Baths
2,298 Sq Ft
$700/mo HOA Fee

Last Sold August 03, 2020

Last sale price $725,000 $315 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,677/month

102 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Water Access
  • 1.11 Acre Lot

About This Home

As of August 2020

Stunning DIRECT OCEAN PENTHOUSE with soaring 10' ceilings, crown molding, large tile & custom doors. Magazine spread features will delight your senses. Gourmet kitchen with custom cabinets, tile back splash, walk in pantry, gas range, stainless appliances & wine bar. Master suite of your dreams has custom his/hers walk in closets, multi-head shower, jetted spa tub, plus his & hers vanity. Take in sunrises from your Master or Balcony, or open up the sliders to hear the ocean & breathe in the sea air. You'll delight in the well thought out upgrades throughout including custom motorized blinds, carpet, updated bathrooms & more (see feature sheet). Heated community pool & hot tub, along with beach access. 2 parking spaces plus storage under building. 2 pets welcome! Great location!

Last Agent to Sell the Property

Jonathan Williams

FLORIDA LIFESTYLE REALTY LLC License #3061722 Listed on: 03/20/2020

Last Buyer's Agent

Tanya Smith

KELLY PRICE & COMPANY LLC License #3392644

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,295

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Condo Land Included

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Ground Level Parking

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,298 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Shades
  • Shutters
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Water Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, insurance, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Sol Y Mar Condos
  • Cocoa Beach Subdivision
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Community Pool

Additional Features

  • Hurricane or Storm Shutters
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,295

Year Built

Built in 2004

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2298
  • Lot Size Acres: 1.11
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 48200
  • Directions to Property: Sol y Mar is in South Cocoa Beach off A1A just north of 15th Street.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5849388?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5849388?w=Customer
  • Floor Number: 4
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93548
  • Price per Sq Ft: 315.49
  • Close to Original List Price Ratio: 0.93548
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Dry Bar, Elevator, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Shades, Shutters
  • Street Number Modifier: 1431
  • Room Count: 6
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Ground Level, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Water Access, Waterfront
  • Association: No
  • Senior Community: No
  • Condo Fees: 700
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 700
  • Complex Community Name NCCB: SOL Y MAR
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 8400
  • Total Monthly Fees: 700

Lot Info

  • Zoning: 0414
  • Parcel Number: 25-37-23-DD-00015.0-0001.10
  • Additional Parcels: No
  • Flood Zone Code: AO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 3 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to Confirm with Condo Association Management.

Tax Info

  • Tax Annual Amount: 9294.89
  • Tax Block: 15
  • Tax Book Number: 3-54
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 30, 2020
Sold by
Worth Bibi and Worth Ben
Bought by
Monkress Phillip D
Seller's Agent
Jonathan Williams
FLORIDA LIFESTYLE REALTY LLC
Buyer's Agent
Tanya Smith
KELLY PRICE & COMPANY LLC
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Total Days on Market
102
Current Estimated Value
$1,060,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,911
Avg. Annual Appreciation
7.20%
Original Mortgage
$671,350
Outstanding Balance
$603,210
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$412,403

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 20, 2018
Sold by
Zoons Cornelis T
Bought by
Worth Bibi and Worth Ben
Seller's Agent
Pamela Hutson
Elite Real Estate
Buyer's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$540,000
Interest Rate
3.99%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Dec 10, 2013
Sold by
U S Bank National Association
Bought by
Zoons Cornelis T
Seller's Agent
Cheryl Valdez
Hawkins Realty, Inc.
Buyer's Agent
Pamela Hutson
Elite Real Estate
List Price
$390,400
Sold Price
$405,000
Premium/Discount to List
$14,600
3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Stobaugh Carolyn T and Stobaugh Robert B
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 27, 2004
Sold by
Josman Llc
Bought by
Stobaugh Robert B and Stobaugh Carolyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4%
Source: Public Records

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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
Monkress Phillip D $725,000 Island T&E Agency Inc
Worth Bibi $675,000 Supreme Title Closings Llc
Zoons Cornelis T $405,000 Bay National Title Company
Us Bank National Association -- None Available
Stobaugh Robert B $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monkress Phillip D $671,350
Previous Owner Worth Bibi $540,000
Previous Owner Stobaugh Robert B $679,050
Previous Owner Stobaugh Robert B $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $725,000 0.0% $315 / Sq Ft
07/30/2020 07/30/20 Sold $725,000 -6.5% $315 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
05/17/2020 05/17/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $775,000 0.0% $337 / Sq Ft
01/17/2020 01/17/20 For Sale $775,000 +14.8% $337 / Sq Ft
02/20/2018 02/20/18 Sold $675,000 -1.5% $294 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $685,000 0.0% $298 / Sq Ft
03/17/2016 03/17/16 Rented $2,700 -3.6% --
03/04/2016 03/04/16 Price Changed $2,800 -3.4% $1 / Sq Ft
02/08/2016 02/08/16 For Rent $2,900 +11.5% --
03/21/2014 03/21/14 Rented $2,600 -7.1% --
03/14/2014 03/14/14 Under Contract -- -- --
02/20/2014 02/20/14 For Rent $2,800 0.0% --
12/16/2013 12/16/13 Sold $405,000 +3.7% $176 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $390,400 -- $170 / Sq Ft
Source: Stellar MLS

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 $12,541 $780,700 $0 $0
2022 $11,165 $743,500 $0 $0
2021 $10,185 $622,000 $0 $622,000
2020 $9,106 $592,380 $0 $592,380
2019 $9,295 $592,380 $0 $592,380
2018 $10,055 $586,520 $0 $586,520
2017 $10,638 $678,870 $0 $678,870
2016 $10,326 $678,870 $0 $0
2015 $9,937 $459,540 $0 $0
2014 $7,688 $417,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5849388

Stellar MLS

APN: 25-37-23-DD-00015.0-0001.10