NOT LISTED FOR SALE

1540 S Atlantic Ave Cocoa Beach, FL 32931

Cocoa Beach Neighborhood
4 Beds
3 Baths
3,509 Sq Ft
9,583 Sq Ft Lot

Last Sold August 31, 2021

Last sale price $880,000 $251 Per Sq Ft

Highlights

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

About This Home

As of August 2021

Are you looking to generate income with rental properties? Then this is property a must see!

This well maintained property is zoned for Vacation Rentals or Long Term Rentals – whichever income producing opportunity you choose. Located in the heart of one the top tourist places in Florida, this multi-family property features a main house with 3 bedrooms and 3 baths. Tucked neatly behind the home are 2 other structures featuring 3 – 1 Bedroom units, and 2 Efficiency units – all located just across the street from the beach!

Fun in the Sun is what you can offer your renters with easy access to many attractions! Kennedy Space Center, Museums, the Zoo or Cocoa Beach Pier, all great rental points for owning in a prime location. Current owners have been leasing long term. Are you looking to generate income with rental properties?'||chr(10)||''||chr(10)||'Then this is property a must see! This well maintained property is zoned for Vacation Rentals or Long Term Rentals  whichever income producing opportunity you choose.'||chr(10)||''||chr(10)||'Located in the heart of one the top tourist places in Florida, this multi-family property features a main house with 3 bedrooms and 3 baths. Tucked neatly behind the home are 2 other structures featuring 3  1 Bedroom units, and 2 Efficiency units  all located just across the street from the beach! Sun in the fun is what you can offer your renters with easy access to the many attractions! With the Kennedy Space Center so close, your clients may see a rocket launch right from the porch. Or what about a day at the Museum, Zoo or Cocoa Beach Pier  all great selling points for owning in a prime location. Current owners have been leasing long term, however, for someone who wants the airbnb concept this is a great location too.

Last Agent to Sell the Property

Susan Baran

EXP Realty, LLC License #3410745 Listed on: 06/26/2021

EXP Realty, LLC

Last Buyer's Agent

Danielle Bowden

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,423

Year Built

  • 1945

Lot Details

  • 9,583

Home Design

  • Shingle Roof
  • Tar and Gravel Roof

Interior Spaces

  • 3,509 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Schools

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

Additional Features

  • 9,583 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • The owner pays for management, trash collection
  • Assessor Parcel Number 25-37-23-75-00017.0-0004.00

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $70,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,423

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Other
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 70000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle, Tar/Gravel
  • Acres: 0.22
  • Waterfront: No
  • Lot Features:Other21: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available

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: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2519951
  • Parcel #: 25-37-23-75-00017.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Management, Trash Collection, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6423.17

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $880,000 +46215.8% $251 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
04/19/2019 04/19/19 Rented $1,900 0.0% --
03/18/2019 03/18/19 Under Contract -- -- --
03/06/2019 03/06/19 For Rent $1,900 0.0% --
02/20/2018 02/20/18 Rented $1,900 0.0% --
01/23/2018 01/23/18 Price Changed $1,900 -5.0% $1 / Sq Ft
12/28/2017 12/28/17 Price Changed $2,000 +17.6% $1 / Sq Ft
12/27/2017 12/27/17 For Rent $1,700 +6.3% --
02/29/2016 02/29/16 Rented $1,600 0.0% --
01/29/2016 01/29/16 Under Contract -- -- --
12/10/2015 12/10/15 Price Changed $1,600 -15.8% $1 / Sq Ft
10/21/2015 10/21/15 Price Changed $1,900 -24.0% $1 / Sq Ft
10/01/2015 10/01/15 For Rent $2,500 0.0% --
12/19/2014 12/19/14 Sold $415,000 -11.5% $101 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $469,000 -- $114 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan Baran

    Seller's Agent in 2021

    Susan Baran

    EXP Realty, LLC

    (772) 494-8151

    1 in this area

    37 Total Sales

    Susan Baran
    Section Image

  • D

    Buyer's Agent in 2021

    Danielle Bowden

    EXP Realty LLC

  • S

    Buyer Co-Listing Agent in 2021

    Sherry Toms

    EXP Realty LLC

  • Nick Farinella

    Seller's Agent in 2019

    Nick Farinella

    Coldwell Banker Realty

    (321) 704-1600

    84 in this area

    316 Total Sales

    Nick Farinella
    Section Image

  • R

    Buyer's Agent in 2018

    R. Blair Alvarez

    Coldwell Banker Realty

  • S

    Buyer's Agent in 2016

    Steve Walsh

    Coldwell Banker Realty

See All Agents

Map

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

MLS Number: 908293

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-23-75-00017.0-0004.00

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

1540 S Atlantic Ave, Cocoa Beach, FL

This home is located at 1540 S Atlantic Ave, Cocoa Beach, FL 32931 since 26 June 2021. This property was built in 1945. 1540 S Atlantic 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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