NOT LISTED FOR SALE

2485 S Atlantic Ave Unit 501 Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated Value: $1,271,000 - $1,654,000

4 Beds
3.5 Baths
3,008 Sq Ft
$1,100/mo HOA Fee

Last Sold January 25, 2021

Last sale price $975,000 $324 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,178/month

171 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Theodore Roosevelt Elementary School Rated 9+
  • Open Floorplan
  • Corner Lot

About This Home

As of January 2021

Welcome to your 6th FLOOR OCEAN FRONT OASIS. Wake up to the majestic sunrise from the ocean side balcony and take in the incredible Florida sunset front the riverside balcony. This unit is the entire floor and has 360 degree views of the beach. Park in your private garage and ride the elevator to your personal entrance. With over 3000 sq/ft there is plenty of room for the whole family. Enjoy the beach all and and take a swim in the quiet community pool. Just minutes from fabulous restaurants shops and stores and the causeway the location is unmatched. DONT miss this opportunity to own 1 of only 6 units in the entire this exclusive property.

Last Agent to Sell the Property

Michael Hughes

Keller Williams Space Coast Listed on: 12/14/2020

Co-Listed By

Ryan Panek

Keller Williams Space Coast

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,512

Year Built

  • Built in 2003

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • River

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,008 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Security System Leased
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • In Ground Pool

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-50-0000c.0-0003.05

Community Details

Overview

  • Riomar Condo Association
  • Riomar Condo Subdivision
  • 7-Story Property

Recreation

  • Community Pool

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,512

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Reso View: Ocean, River, Water
  • ResoSecurityFeatures: Security System Leased, Entry Phone/Intercom
  • Co List Office Mls Id: spc.okwsc
  • Co List Office Phone: 321-450-5600
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Riomar Condo
  • Carport Y N: No
  • Entry Level: 6
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • ViewOcean: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 7
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Other
  • Acres: 0.15
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes
  • View:River: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1100.0
  • Association Fee Frequency: Monthly
  • Association Name: RIOMAR CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: RIOMAR CONDO
  • General Property Information:Association Fee: 1100.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2534882
  • Parcel #: 25-37-26-50-0000c.0-0003.05
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10512.4

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 25, 2021
Sold by
Mccoy Kenneth Ray and Mccoy Peggy Jane
Bought by
Watkins Jon E and Watkins Terri S
Seller's Agent
Michael Hughes
Keller Williams Space Coast
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,099,900
Sold Price
$975,000
Premium/Discount to List
-$124,900
-11.36%
Total Days on Market
171
Current Estimated Value
$1,430,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,296
Avg. Annual Appreciation
6.43%
Original Mortgage
$450,000
Outstanding Balance
$342,477
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$937,516

Purchase Details

Listed on
Sep 2, 2017
Closed on
Mar 14, 2018
Sold by
Wilcosky Bernard R and Wilcosky Bojuana C
Bought by
Mccoy Kenneth Ray and Mccoy Peggy Jane
Seller's Agent
Barbara Wall
BHHS Florida Realty
Buyer's Agent
Michael Hughes
EXP Realty LLC
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Listed on
Oct 9, 2015
Closed on
Mar 15, 2016
Sold by
Kimberly M Osborne Living Trust
Bought by
Wilcosky Bernard and Wilcosky Bojuana C
Seller's Agent
Kim Walker
Walker Bagwell Properties Ltd
Buyer's Agent
Pryntha Goldsmith
Walker Bagwell Properties Ltd
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.30%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Setman George L
Bought by
Osborne Kimberly M and Kimberly M Osborne Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.08%
Mortgage Type
Unknown
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
Watkins Jon E $975,000 Foundation Ttl & Setmnt Svcs
Mccoy Kenneth Ray $925,000 Easdt Cost Title
Wilcosky Bernard $1,100,000 International Title And Escr
Osborne Kimberly M $700,000 Fidelity Land Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Jon E $450,000
Previous Owner Osborne Kimberly M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $975,000 0.0% $324 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/12/2020 12/12/20 Off Market $975,000 -- --
12/07/2020 12/07/20 Price Changed $1,065,000 -3.2% $354 / Sq Ft
11/22/2020 11/22/20 For Sale $1,099,900 0.0% $366 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,099,900 0.0% $366 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,099,900 +18.9% $366 / Sq Ft
03/15/2018 03/15/18 Sold $925,000 -7.4% $308 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
09/02/2017 09/02/17 For Sale $999,000 -9.2% $332 / Sq Ft
03/15/2016 03/15/16 Sold $1,100,000 -8.3% $366 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $1,200,000 -- $399 / 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 $12,950 $1,038,600 $0 $1,038,600
2022 $11,881 $989,120 $0 $0
2021 $10,864 $834,660 $0 $834,660
2020 $10,542 $796,040 $0 $796,040
2019 $10,512 $772,850 $0 $772,850
2018 $508 $708,320 $0 $0
2017 $487 $693,760 $0 $693,760
2016 $9,238 $630,690 $0 $0
2015 $9,245 $514,950 $0 $0
2014 $8,796 $468,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Hughes

    Keller Williams Space Coast

  • Ryan Panek

    Seller Co-Listing Agent in 2021

    Ryan Panek

    Keller Williams Space Coast

    (321) 693-6285

    2 in this area

    70 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • Barbara Wall

    Seller's Agent in 2018

    Barbara Wall

    BHHS Florida Realty

    (321) 749-2444

    2 in this area

    145 Total Sales

    Barbara Wall
    Section Image
  • Kim Walker

    Seller's Agent in 2016

    Kim Walker

    Walker Bagwell Properties Ltd

    (321) 917-5788

    12 in this area

    12 Total Sales

    Kim Walker
    Section Image
  • Larry Walker

    Seller Co-Listing Agent in 2016

    Larry Walker

    Walker Bagwell Properties Ltd

    (321) 917-5786

    26 in this area

    28 Total Sales

    Larry Walker
    Section Image
See All Agents

Map

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

MLS Number: 878882

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-50-0000C.0-0003.05

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

2485 S Atlantic Ave Unit 501, Cocoa Beach, FL

This home is located at 2485 S Atlantic Ave Unit 501, Cocoa Beach, FL 32931 since 14 December 2020 and is currently estimated at $1,430,296, approximately $475 per square foot. This property was built in 2003. 2485 S Atlantic Ave Unit 501 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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