NOT LISTED FOR SALE

1615 N Atlantic Ave Cocoa Beach, FL 32931

Cocoa Beach Area

Estimated Value: $923,712

3.5 Acres
$263,918 Price per Acre
152,460 Sq Ft Lot

Sale Details

Date Sold: September 15, 2023

Last sale price $2,856,790

Current estimated payment $5,996 / mo

270 Days on Market

Highlights

  • 3.5 Acre Lot
  • Corner Lot
  • 4-minute walk to Lori Wilson Park
  • Cocoa Beach Junior/Senior High School Rated A
  • No HOA

About This Lot

As of September 2023

One of the last multi-acre parcels on Cocoa Beach. OVER 3.5 ACRES IN THE HEART OF COCOA BEACH with approximately 375' frontage on Hwy. A1A between Bimini Rd (440'' frontage) & Jamaica Dr (430' frontage) & western boundary of 110' waterfront. Parcel combined w/ 1675 N. Atlantic Ave. ML# (Tax Acct 2513816). Zoned RM-2 multi family-professional/restaurant-retail. 30,210 daily traffic count. Cocoa Water / Cocoa Beach Sewer are available to the site along Atlantic Avenue. The area surrounding the property consists primarily of multi-family housing (apartments and condominiums), resort hotels, small business, and single family homes. COMBINED PARCEL SIZE OFFERS RARE DEVELOPMENT OPPORTUNITY IN ICONIC COCOA BEACH. COMBINED CLOSED SALES PRICE OF BOTH PARCELS IS $2,856,790 FOR 1615 & 1675 N ATLAN

Last Agent to Sell the Property

Michael Dreyer CCIM, ALC

Dreyer & Associates R.E. Grp. License #150185 Listed on: 09/19/2023

Dreyer & Associates R.E. Grp.

Last Buyer's Agent

Michael Dreyer CCIM, ALC

Dreyer & Associates R.E. Grp. License #150185 Listed on: 09/19/2023

Dreyer & Associates R.E. Grp.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,453

Lot Details

  • 3.5 Acre Lot
  • Corner Lot
  • Cleared Lot

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-37-03-00-00761.0-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$8,453

Lot Details

3.5 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Corner Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 3.5
  • Waterfront: No
  • General Property Information: Pool Private YN: No

Utilities

  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Current Use: Multi-Family, Mixed Use
  • Lot Size Sq Ft: 70567.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-03-00-00761.0-0000.00

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8452.68

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Sep 15, 2023
Sold by
Supra Color Enterprises Inc
Bought by
Seller's Agent
Michael Dreyer CCIM, ALC
Dreyer & Associates R.E. Grp.
Buyer's Agent
Michael Dreyer CCIM, ALC
Dreyer & Associates R.E. Grp.
List Price
$2,856,790
Sold Price
$2,856,790
Current Estimated Value
$923,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,933,078
Avg. Annual Appreciation
-31.80%
Original Mortgage
$498,395
Outstanding Balance
$483,302
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$440,410

Purchase Details

Closed on
Apr 28, 2022
Sold by
Supra Color Enterprises Inc
Bought by
Dtmg Inc

Purchase Details

Listed on
Sep 28, 2020
Closed on
May 6, 2021
Sold by
Birkhead Eugenia M and Birkhead Thomas C
Bought by
Supra Color Enterprises Inc
Seller's Agent
Michael Dreyer CCIM, ALC
Dreyer & Associates R.E. Grp.
Buyer's Agent
Michael Dreyer CCIM, ALC
Dreyer & Associates R.E. Grp.
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%

Purchase Details

Closed on
Dec 1, 2016
Bought by
Chevlin Martha

Purchase Details

Closed on
Sep 11, 2003
Sold by
Birkhead Thomas C and Birkhead Eugenia M
Bought by
Birkhead Thomas C and Birkhead Eugenia M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cocoa Beach, FL

  • Walter Borgen Real Estate Agent - RE/MAX Signature

    Walter Borgen

    RE/MAX Signature

    (386) 888-6896

    164 Total Sales

    1 in Cocoa Beach

    $410,000 Price

    Walter Borgen
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  • Peggy Page Real Estate Agent - EXP Realty, LLC

    Peggy Page

    EXP Realty, LLC

    (855) 693-2944

    49 Total Sales

    1 in Cocoa Beach

    $439,000 Price

    Peggy Page
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  • Richard Farb Real Estate Agent - Boardwalk Realty, LLC

    Richard Farb

    Boardwalk Realty, LLC

    (815) 706-2928

    28 Total Sales

    3 in Cocoa Beach

    $235K - $660K Price Range

    Richard Farb
     Section Image
  • Jama Porter Real Estate Agent - Denovo Realty

    Jama Porter

    Denovo Realty

    (321) 351-4746

    130 Total Sales

    37 in Cocoa Beach

    $138K - $820K Price Range

    Jama Porter
     Section Image
  • Teresa Demark Real Estate Agent - All Real Estate, Inc.

    Teresa Demark

    Responds Quickly

    All Real Estate, Inc.

    (321) 730-3502

    55 Total Sales

    11 in Cocoa Beach

    $114K - $1.2M Price Range

    Teresa Demark
     Section Image
  • Raymond Giamporcaro Real Estate Agent - EXP Realty, LLC

    Raymond Giamporcaro

    EXP Realty, LLC

    (321) 459-6061

    118 Total Sales

    1 in Cocoa Beach

    $162,000 Price

    Raymond Giamporcaro
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$996,800 None Listed On Document
Dtmg Inc $2,144,000 321 Closing Llc
Supra Color Enterprises Inc $900,000 International Title & Escrow
Chevlin Martha $100 --
Birkhead Thomas C -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $498,395
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Price Changed $2,856,790 0.0% --
09/19/2023 09/19/23 For Sale $2,856,790 0.0% --
09/15/2023 09/15/23 Sold $2,856,790 0.0% --
05/19/2023 05/19/23 Pending -- -- --
08/21/2022 08/21/22 For Sale $2,856,790 +217.4% --
05/06/2021 05/06/21 Sold $900,000 -28.0% -- View Prior Sale
09/28/2020 09/28/20 For Sale $1,250,000 +38.9% --
09/26/2020 09/26/20 Off Market $900,000 -- --
02/24/2020 02/24/20 For Sale $1,250,000 +38.9% --
02/03/2020 02/03/20 Off Market $900,000 -- --
10/09/2019 10/09/19 For Sale $1,250,000 +38.9% --
09/01/2019 09/01/19 Off Market $900,000 -- --
04/04/2019 04/04/19 Price Changed $1,250,000 -21.9% --
11/07/2018 11/07/18 For Sale $1,600,000 +77.8% --
09/01/2018 09/01/18 Off Market $900,000 -- --
12/20/2017 12/20/17 For Sale $1,600,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $12,710 $2,710 $10,000
2024 -- $12,710 $2,710 $10,000
2023 $40 $12,710 $2,710 $10,000
2022 $14 $7,720 $1,520 $6,200
2021 $14 $7,720 $1,520 $6,200
2020 $8 $7,720 $1,520 $6,200
2019 $0 $7,720 $1,520 $6,200
2018 $0 $7,720 $1,520 $6,200
2017 $0 $6,600 $1,520 $5,080
2016 -- $6,600 $1,520 $5,080
2015 -- $6,600 $1,520 $5,080
2014 -- $6,600 $1,520 $5,080
Source: Public Records

Agents Affiliated with this Home

  • Michael Dreyer CCIM, ALC Real Estate Agent - Dreyer & Associates R.E. Grp.

    Seller's Agent in 2023

    Michael Dreyer CCIM, ALC

    Dreyer & Associates R.E. Grp.

    (321) 773-1480

    38 Total Sales

    Michael Dreyer CCIM, ALC
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Map

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

MLS Number: 944182

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-03-00-00761.0-0000.00

Florida Brevard County Cocoa Beach 32931

1615 N Atlantic Ave, Cocoa Beach, FL

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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