NOT LISTED FOR SALE

Estimated Value: $523,647 - $822,000

8 Beds
2 Baths
2,986 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $165,000 $55 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $4,169/month

320 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Air
  • Theodore Roosevelt Elementary School Rated 9+

About This Home

As of January 2013

OWNER MOTIVATED, SO BRING OFFERS! Investor Alert! Beautiful tri-plex in the heart of downtown Cocoa Beach! Complex features 3- two bedroom units, 1 of which is considerably larger than the others. Live in the larger one, rent out the other two! Located just steps to the beach between 2nd and 3rd Streets South, and right across from the river and native wildlife. Complex has had consistent income and stays rented as it is in a very desirable, sought after location. Don''t miss it!

Last Agent to Sell the Property

Pamela Durkin

Coldwell Banker Residential RE Listed on: 03/01/2012

Co-Listed By

Michael Artelli

Coldwell Banker Residential RE

Last Buyer's Agent

Michael Artelli

Coldwell Banker Residential RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 150 x 50

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,986 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Elementary School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, grounds care, sewer, trash collection, water
  • Assessor Parcel Number 253715DD000350001400

Community Details

Overview

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

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Triplex
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: show3
  • Co List Office Phone: 321-868-7700
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 253715DD000350001400
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Tax Annual Amount: 2552.46
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Building Area Total3: 2986.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 150 x 50
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 25200.0
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 3.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, 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: 150 x 50
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2518102
  • Parcel #: 253715DD000350001400
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Grounds Care, Sewer, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2552.46

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jan 31, 2013
Sold by
Hinsinger Donna
Bought by
Striped Shirt Enterprises Of Cocoa Beach
Seller's Agent
Pamela Durkin
Coldwell Banker Residential RE
Buyer's Agent
Michael Artelli
Coldwell Banker Residential RE
List Price
$320,000
Sold Price
$165,000
Premium/Discount to List
-$155,000
-48.44%
Current Estimated Value
$676,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,912

Purchase Details

Closed on
Sep 30, 1997
Sold by
Heller Frederick Neil and Brunner Deborah J
Bought by
Hinsinger Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.6%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Heller Frederick L and Heller Grace E
Bought by
Heller Frederick Neil and Brunner Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.83%
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
Striped Shirt Enterprises Of Cocoa Beach $165,000 International Title & Escrow
Hinsinger Donna $118,000 --
Heller Frederick Neil $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinsinger Donna $50,000
Previous Owner Heller Frederick Neil $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $165,000 -48.4% $55 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
03/01/2012 03/01/12 For Sale $320,000 -- $107 / 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 $7,132 $544,320 -- --
2024 $6,400 $544,320 -- --
2023 $6,400 $466,560 $0 $0
2022 $5,208 $364,500 $0 $0
2021 $4,413 $277,250 $180,000 $97,250
2020 $4,215 $252,050 $145,000 $107,050
2019 $3,924 $229,140 $145,000 $84,140
2018 $3,686 $215,000 $0 $215,000
2017 $3,471 $196,000 $0 $196,000
2016 $3,179 $170,000 $0 $0
2015 $2,909 $150,700 $100,000 $50,700
2014 $2,678 $137,000 $80,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 635203

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-15-DD-00035.0-0014.00