NOT LISTED FOR SALE

Estimated Value: $788,110 - $1,011,000

4 Beds
2 Baths
1,924 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $625,000 $325 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,764/month

70 Days on Market

Highlights

  • RV Access or Parking
  • Bonus Room
  • No HOA
  • Cocoa Beach Junior/Senior High School Rated A
  • Great Room
  • Breakfast Area or Nook

About This Home

As of October 2020

ONE BLOCK from the OCEAN sits 253 Palm Ln, a generously equipped remodeled home perfect for a corporate gathering or large family retreat. The home sleeps 15+ with 5 queen size murphy beds & 3 double sleeper sofa's. Each bedroom has murphy bed, desk, chair & TV. For corporate & business clients each bedroom can easily be converted to an office/meeting space. The large 4th bedroom can be configured 'boardroom' style for meetings with seating for 12 or classroom/small rounds seating. Complete remodel in 2005 with diagonally laid tile, updated kitchen & newer appliances. Private fenced backyard, plenty of room for future pool! Fully furnished. Standing contracts to convey with sale. Short walk to Ron Jon, Starbucks & the Cocoa Beach Pier.

Last Agent to Sell the Property

Christine George

Blue Marlin Real Estate License #3243030 Listed on: 06/18/2020

Co-Listed By

Giuseppe Conoscenti

Prestige Florida Realty License #3233309

Last Buyer's Agent

Jama Porter

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Vinyl Fence

Parking

  • RV Access or Parking

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,924 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Great Room
  • Family Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cocoa Ocean Beach Association
  • Cocoa Ocean Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-35-Ci-00012.0-0002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,563

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: prfl0
  • Co List Office Phone: 321-783-5252
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Ocean Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Eat-in Kitchen, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Fencing: Fenced, Vinyl
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: COCOA OCEAN BEACH
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: COCOA OCEAN BEACH

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2440640
  • Parcel #: 24-37-35-Ci-00012.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4563.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Oct 22, 2020
Sold by
Spain David W and Spain Linda E
Bought by
Eagle Pointe Real Estate Holding Co Llc
Seller's Agent
Christine George
Blue Marlin Real Estate
Buyer's Agent
Jama Porter
EXP Realty, LLC
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%
Total Days on Market
70
Current Estimated Value
$891,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,028
Avg. Annual Appreciation
8.04%
Original Mortgage
$375,000
Outstanding Balance
$340,477
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$553,696

Purchase Details

Closed on
Mar 17, 2005
Sold by
Climer Robert R
Bought by
Spain Linda E and Spain David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.54%
Source: Public Records

Similar Homes in Cocoa Beach, FL

  • 1034 Bali Rd, Cocoa Beach, FL 32931

    $1,000,000

    • 5 Beds
    • 2.5 Baths
    • 2,112 Sq Ft
    • 1034 Bali Rd
    • Cocoa Beach, FL

    Price enhanced to $1,000,000! Outstanding turnkey vacation home operating as a high-performing Airbnb, generating $136,868 annually with $99,105 net profit, delivering a 9.9% net cap rate. This spacious, fully furnished 5-bedroom home features a renovated master bath, updated kitchen, new floors in the master and living room, newer AC units, and a 2020 roof. Enjoy a resort-style backyard with a

    Guy Newman LPT Realty, LLC

    Section Image
  • 136 Marion Ln, Cocoa Beach, FL 32931

    $800,000

    • 4 Beds
    • 2 Baths
    • 2,048 Sq Ft
    • 136 Marion Ln
    • Cocoa Beach, FL

    RARE OPPORTUNITY!! ** MIXED-USE Options! - This Property is Located in the GATEWAY Subdistrict of the COCOA BEACH REDEVELOPMENT DISTRICT. ** It is situated on 0.23 Acres on MARION Lane ... EAST of Ron Jon's off A1A and a SHORT WALK to the ATLANTIC OCEAN. The Gateway Subdistrict is ZONED for Various Residential, Civic & Education, and Business Opportunities. Situated in the Cocoa Ocean Beach

    Anne Humphreys Keller Williams Space Coast

    Section Image
  • 131 Seminole Ln, Cocoa Beach, FL 32931

    $799,000

    • 3 Beds
    • 2.5 Baths
    • 2,219 Sq Ft
    • 131 Seminole Ln
    • Cocoa Beach, FL

    Under contract-accepting backup offers. Welcome to your Beachside Tropical Oasis! This stunning 3-bedroom, 2.5-bathroom home features a spacious split bedroom floor plan, blending privacy and comfort with elegant finishes throughout. Step outside to enjoy your new saltwater pool and hot tub, perfect for relaxation and entertaining. Located steps away from the beautiful shores of Cocoa Beach,

    Chris Pittman RE/MAX ASSURED

    Section Image
  • 132 E Gadsden Ln, Cocoa Beach, FL 32931

    $757,000

    • 3 Beds
    • 2 Baths
    • 1,348 Sq Ft
    • 132 E Gadsden Ln
    • Cocoa Beach, FL

    This beautifully decorated home is only about a 5 minute walk to one of the best beach areas Cocoa Beach has to offer. Whether you are out surfing, Kiteboarding, Kayaking, or swimming in the ocean, make your way back to the hot tub and relax. You'll love our 3 bedroom 2 bath home that features a KING size bed as well as a QUEEN suite and spacious back yard and porch area. Only minutes way from

    Lauren Barley StarFish Realty

    Section Image
  • 4708 Fairview Dr, Cocoa Beach, FL 32931

    $735,000

    • 4 Beds
    • 2 Baths
    • 2,251 Sq Ft
    • 4708 Fairview Dr
    • Cocoa Beach, FL

    Welcome to your coastal retreat nestled in one of Cocoa Beach's most sought-after neighborhoods. This stunning 4-bedroom 2-bathroom home with a private pool and heated spa offers the perfect blend of modern updates, resort-style amenities, timeless charm and an absolutely unbeatable location. Situated moments from the beach, Port Canaveral, fantastic restaurants, shopping and entertainment, this

    Matt Canina Florida Elite Real Estate

    Section Image
  • 4724 Fairview Dr, Cocoa Beach, FL 32931

    $864,000

    • 4 Beds
    • 2 Baths
    • 1,993 Sq Ft
    • 4724 Fairview Dr
    • Cocoa Beach, FL

    This fully furnished 4-Bed/2-Bath home has been updated and designed for both relaxation and entertaining, offering an unparalleled lifestyle close to the beach. The charming coastal interior is spacious, featuring a wood-burning fireplace for those cooler beach nights. The open-concept design seamlessly connects two living spaces to the stylish dining area and kitchen. All four bedrooms have

    Ryan Moreau Florida East Coast Real Estate

    Section Image
  • 368 Carmine Dr, Cocoa Beach, FL 32931

    $975,000

    • 3 Beds
    • 3 Baths
    • 1,853 Sq Ft
    • 368 Carmine Dr
    • Cocoa Beach, FL

    FULL 2 YEARS FINANCIALS! Airbnb Super host! NOT LOCATED IN A FLOOD ZONE!Nestled in the coveted Venetian Way, this deep water, navigable canal-front home boasts 80 feet of waterfrontage with direct access to the Banana River. A proven HIGH-INCOME performer on Airbnb, this versatile property suits investors, families or retirees seeking the ultimate coastal retreat. No cast iron! All plumbing,

    Sarah Rekab Blue Marlin Real Estate

    Section Image
  • 367 S Dorset Dr, Cocoa Beach, FL 32931

    $899,000

    • 3 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • 367 S Dorset Dr
    • Cocoa Beach, FL

    Bring your boat! You will fall in love with this turn-key, well maintained canal home with 40' dock and 80' of waterfront. Deep water canal for large boats. Spacious open floor plan features terrazzo throughout for easy clean up after a day boating or at the beach. Large kitchen with cherry wood cabinetry and granite countertops. Spacious master bedroom with water views. Ensuite master bath

    Marla Vardaman Cocoa Beach Best Realty, LLC

    Section Image
  • 363 Brightwaters Dr, Cocoa Beach, FL 32931

    $990,000

    • 4 Beds
    • 2 Baths
    • 2,106 Sq Ft
    • 363 Brightwaters Dr
    • Cocoa Beach, FL

    72 Hour Kick-Out Clause. Paradise is calling. You can be living on the water in beautiful Cocoa Beach. This spacious 4 bedroom pool home has been meticulously cared for and is ready for new owners. The paverstone driveway greets you and you will be drawn to the oversized front patio. You don't realize it yet, but this will be your viewing area for rocket launches from the Cape. Stepping inside,

    Eric Larkin Real Broker LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Eagle Pointe Real Estate Holding Co Llc $625,000 Countywide T&E Corp
Spain Linda E $380,000 Glow Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Pointe Real Estate Holding Co Llc $375,000
Previous Owner Spain Linda E $342,000
Previous Owner Climer Robert R $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $625,000 -10.6% $325 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $699,000 -6.8% $363 / Sq Ft
06/18/2020 06/18/20 For Sale $750,000 -- $390 / 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 $9,377 $635,310 $0 $0
2022 $8,067 $560,930 $0 $0
2021 $7,156 $435,390 $250,000 $185,390
2020 $4,903 $350,590 $185,000 $165,590
2019 $4,563 $319,900 $150,000 $169,900
2018 $4,359 $310,820 $150,000 $160,820
2017 $4,155 $291,540 $145,000 $146,540
2016 $3,936 $273,340 $140,000 $133,340
2015 $3,503 $163,520 $115,000 $48,520
2014 $2,865 $148,660 $53,550 $95,110
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 878013

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-35-CI-00012.0-0002.00