NOT LISTED FOR SALE

Estimated Value: $469,000 - $581,395

2 Beds
2 Baths
1,325 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $425,000 $321 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,461/month

112 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Theodore Roosevelt Elementary School Rated 9+
  • Tile Flooring

About This Home

As of January 2022

LOCATION!LOCATION!LOCATION! INVESTOR ALERT! This property is zoned for mixed use. This cozy duplex (both units) is located in the popular downtown area of Cocoa Beach. This perfectly situated property boasts .19 of an acre of land right where all the action is! Directly across from popular eateries, a laundry mat, boutique shops and the beach! Everything in walking distance and in the heart of Cocoa Beach. Just minutes from the Cape and Merritt Island. You must see this lovely space, it won't last long! 2 units , each 2 bed/1 bath - total 1325 ft2.

Last Agent to Sell the Property

Dawn Barbee

Florida Property Center Listed on: 10/14/2021

Last Buyer's Agent

Michele Corriveau

RE/MAX Solutions License #3051804

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 25-37-10-Ll-00102.0-0016.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,869

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Information:Garage YN: No
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

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: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2516602
  • Parcel #: 25-37-10-Ll-00102.0-0016.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2869.42

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 7, 2022
Sold by
Steven Reed Brandon
Bought by
Swingle Todd P and Funderburke-Swingle Catherine A
Seller's Agent
Dawn Barbee
Florida Property Center
Buyer's Agent
Michele Corriveau
RE/MAX Solutions
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%
Total Days on Market
112
Current Estimated Value
$532,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,849
Avg. Annual Appreciation
7.12%
Original Mortgage
$318,750
Outstanding Balance
$296,752
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$239,815

Purchase Details

Closed on
Apr 1, 2014
Sold by
Parkerson Lee
Bought by
Reed Brandon Steven

Purchase Details

Closed on
Apr 19, 1996
Sold by
Murphy Robert J and Murphy Shirley Ann
Bought by
Parkerson Lee and Parkerson Elwood M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Swingle Todd P $425,000 Atypical Title
Reed Brandon Steven -- Attorney
Parkerson Lee $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swingle Todd P $76,900
Open Swingle Todd P $318,750
Previous Owner Parkerson Lee $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $425,000 -15.0% $321 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $500,000 0.0% $377 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $500,000 -16.7% $377 / Sq Ft
08/20/2021 08/20/21 Price Changed $600,000 -11.1% $453 / Sq Ft
08/10/2021 08/10/21 For Sale $675,000 -- $509 / 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 $5,787 $345,600 $190,000 $155,600
2022 $3,545 $243,000 $0 $0
2021 $3,154 $190,100 $190,000 $100
2020 $2,869 $167,650 $145,000 $22,650
2019 $2,671 $152,410 $145,000 $7,410
2018 $2,699 $160,000 $0 $160,000
2015 $2,115 $110,000 $100,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 912759

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-LL-00102.0-0016.00