NOT LISTED FOR SALE

221 Bimini Rd Cocoa Beach, FL 32931

Estimated Value: $932,615 - $1,258,000

4 Beds
2 Baths
2,160 Sq Ft
$513/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $465,000 $215 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,725/month

Highlights

  • Water Views
  • Home fronts navigable water
  • Open Floorplan
  • Cocoa Beach Junior/Senior High School Rated A
  • Boat Lift
  • Vaulted Ceiling

About This Home

As of June 2022

Boaters dream! Deep water & wide canal with dock! Enjoy beautiful water views from the living areas and kitchen.4 bedroom, 2 bath, 2160 living sq. ft. with eat-in kitchen. Enjoy the 40' screened patio overlooking the canal. Formal living room & dining room. Tile roof. Storm shutters. Lawncare included in rent. Renters Insurance Required. 7 month rental only.

Last Agent to Rent the Property

Justin Brown

RE/MAX Elite License #661424 Listed on: 06/08/2022

RE/MAX Elite

Last Renter's Agent

Darla Schults

Daignault Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,455

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Boat Lift
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cocoa Isles 9Th Addn Sec B Association
  • Cocoa Isles 9Th Addn Sec B Subdivision

Listing and Financial Details

  • Property Available on 6/8/22
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care
  • Assessor Parcel Number 25-37-03-02-00000.0-0026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,455

Year Built

Built in 1967

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care
  • Available Date: 2022-06-08

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Water, Other
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Cocoa Isles 9th Addn Sec B
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 25-37-03-02-00000.0-0026.00
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • General Property Information Living Area2: 2160.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Exterior Features Boat Lift: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Skylight(s), Vaulted Ceiling(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Boat Lift, Storm Shutters
  • Pool Features: None
  • Acres: 0.25
  • Pool Private: No
  • Waterfront: Yes
  • Direction Faces: South
  • Patio And Porch Features: Patio, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: COCOA ISLES 9TH ADDN SEC B

Association/Amenities

  • General Property Information:Association Name: COCOA ISLES 9TH ADDN SEC B

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2513902
  • Parcel #: 25-37-03-02-00000.0-0026.00
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2015
Closed on
Oct 28, 2015
Sold by
Kress Stephen J and Kress Violet E
Bought by
Hasenfus Stephen F and Hasenfus Nona
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Paul Matchett
RE/MAX Alternative Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$1,107,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,404
Avg. Annual Appreciation
9.08%
Original Mortgage
$348,750
Outstanding Balance
$275,606
Interest Rate
3.93%
Estimated Equity
$831,798

Purchase Details

Closed on
Jul 29, 2005
Sold by
Espenschied Daniel L
Bought by
Kress Stephen J and Kress Violet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.51%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Ranieri Ellen Marie and Ranieri Mario James
Bought by
Espenschied Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
5.75%

Purchase Details

Closed on
May 1, 1995
Sold by
Maher Edward J and Maher Marjorie E
Bought by
Espenschied Daniel L and Espenschied Eleanor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.35%
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
Hasenfus Stephen F $465,000 Island Title & Escrow Agency
Kress Stephen J $620,000 Gulfatlantic Title
Espenschied Daniel L -- --
Espenschied Daniel L $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasenfus Stephen F $348,750
Previous Owner Kress Stephen J $320,000
Previous Owner Espenschied Daniel L $201,500
Previous Owner Espenschied Daniel L $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Rented $3,000 0.0% --
06/20/2022 06/20/22 Under Contract -- -- --
06/15/2022 06/15/22 Price Changed $3,000 -25.0% $1 / Sq Ft
06/08/2022 06/08/22 For Rent $4,000 +37.9% --
04/13/2021 04/13/21 Rented $2,900 0.0% --
04/05/2021 04/05/21 Under Contract -- -- --
03/24/2021 03/24/21 For Rent $2,900 +16.0% --
11/01/2019 11/01/19 Rented $2,500 0.0% --
10/09/2019 10/09/19 Under Contract -- -- --
10/01/2019 10/01/19 For Rent $2,500 0.0% --
10/28/2015 10/28/15 Sold $465,000 -2.1% $215 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
09/13/2015 09/13/15 For Sale $475,000 -- $220 / 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 $10,455 $699,100 -- --
2024 $9,909 $704,720 -- --
2023 $9,909 $682,400 $0 $0
2022 $8,709 $638,280 $0 $0
2021 $7,469 $454,550 $285,000 $169,550
2020 $6,938 $418,680 $250,000 $168,680
2019 $7,163 $423,530 $250,000 $173,530
2018 $7,162 $416,220 $245,000 $171,220
2017 $6,819 $384,120 $230,000 $154,120
2016 $6,860 $378,530 $225,000 $153,530
2015 $5,622 $301,000 $200,000 $101,000
2014 $5,120 $273,640 $181,000 $92,640
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 937242

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-03-02-00000.0-0026.00