NOT LISTED FOR SALE

Estimated Value: $777,152

-- Bed
-- Bath
1,827 Sq Ft
$425/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $775,000 $424 Per Sq Ft

Current estimated payment $4,677/month

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Theodore Roosevelt Elementary School Rated 9+
  • Tile Flooring
  • Central Air

About This Home

As of May 2023

AirBnB opportunity in a prime location of downtown Cocoa Beach. This is a mixed used property zoned TC Towncenter redevelopment. Keep the current building/footprint or take advantage of being able to build up to 45'. The 1827 SqFt building was originally a duplex with 2 bedrooms 1 bath on each side or make it a 4 bedroom 2 bath property. AirDNA estimates revenue at $210 (+/-) night for each 2 bedroom side OR at $490 (+/-) night as a 4 bedroom property. Located 370' from the public beach access Kelly Slater Way. You have over 40 bars and restaurants within 4 blocks. Parking is not a problem with current building, offering 5 spots in front and 6 spots behind the building. This is an ideal location for an AirBnB property.

Last Listed By

Eric Larkin

Real Broker LLC Listed on: 04/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,728

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Dryer Hookup

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Additional Parking

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Cocoa Beach 2Nd Addn To Amended Plat Of Blks 102 Subdivision

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, water
  • Assessor Parcel Number 25-37-11-Ll-00102.0-0009.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,728

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach 2nd Addn To Amended Plat of Blks 102
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Total Parking Spaces: 11.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • General Property Information:Parking Total: 11.0
  • General Property Information:Open Parking Spaces2: 11.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Sewer Connected, Water Available
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517712
  • Parcel #: 25-37-11-Ll-00102.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3728.39

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
Apr 23, 2023
Closed on
May 24, 2023
Sold by
Snrfside Chapel Llc
Bought by
Supra Color Enterprises Inc
Seller's Agent
Eric Larkin
Real Broker LLC
Buyer's Agent
Eric Larkin
Real Broker LLC
List Price
$880,000
Sold Price
$775,000
Premium/Discount to List
-$105,000
-11.93%
Total Days on Market
9
Views
108
Current Estimated Value
$777,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,152
Avg. Annual Appreciation
0.14%

Purchase Details

Closed on
Nov 30, 2017
Sold by
Destination Weddings Of Florida Inc
Bought by
Surfside Chapel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.78%

Purchase Details

Closed on
Oct 12, 2017
Sold by
Beasley Mary M and Ballard F Beasley Trust
Bought by
Surfside Chapel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.78%

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
Supra Color Enterprises Inc $775,000 Echelon Title Services
Surfside Chapel Llc $100,000 Superior Title Ins Agency Ii
Surfside Chapel Llc $250,000 Superior Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surfside Chapel Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $775,000 -11.9% $424 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $880,000 -- $482 / 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 $4,178 $243,650 $163,800 $79,850
2022 $3,728 $224,990 $0 $0
2021 $3,520 $205,770 $113,750 $92,020
2020 $3,606 $212,130 $113,750 $98,380
2019 $3,338 $189,560 $113,750 $75,810
2018 $3,097 $171,770 $113,750 $58,020
2017 $3,034 $163,000 $0 $163,000
2016 $2,950 $155,000 $0 $0
2015 $2,801 $146,000 $81,900 $64,100
2014 $2,763 $142,000 $81,900 $60,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 963143

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-11-LL-00102.0-0009.00