NOT LISTED FOR SALE

2485 S Atlantic Ave Unit 501 Cocoa Beach, FL 32931

Estimated Value: $1,209,000 - $1,356,000

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. 32% increase in value since last sale

Current estimated payment $8,964/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
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-50-0000c.0-0003.05
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 10512.4
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 3008.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 7
  • ViewOcean: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Security System Leased: Yes
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

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
  • General Property Information Bathrooms Half: 1
  • 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
  • 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%
Current Estimated Value
$1,291,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,280
Avg. Annual Appreciation
5.90%
Original Mortgage
$450,000
Outstanding Balance
$331,053
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$960,227

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
Source: Public Records

Range of Values:

--
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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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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
2025 $12,930 $1,027,870 -- --
2024 $12,950 $1,061,170 -- --
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

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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