$385,000
SOLD JUN 21, 2024

2850 S Atlantic Ave Unit 203 Cocoa Beach, FL 32931

Cocoa Beach Neighborhood
2 Beds
2 Baths
1,268 Sq Ft
$690/mo HOA Fee

Recently Sold

$304 Per Sq Ft

4% Below List Price

77 Days on Market

Highlights

  • Riverfront
  • Assigned Boat Slip
  • Balcony
  • Theodore Roosevelt Elementary School Rated 9+
  • Community Pool
  • Hurricane or Storm Shutters

About This Home

As of June 2024

Opportunity Awaits – Direct Waterfront Condo on the Banana River with DEEDED BOAT SLIP – Offered at $400,000! Located in the small, quiet complex of Water’s Edge West is this 2nd floor unit with panoramic water views and a dock that will be transferred by the HOA. Spacious 1,268 sqft home offers a 2-bedroom split layout with a large kitchen and dinette area, a combination living/dining room, and inside laundry. Glass sliders open up off the living and primary bedrooms to allow that fresh sea breeze in. HOA recently installed brand new balcony railings and this unit features electric hurricane shutters for easy up/down service. This residence comes with a private 1-car garage and boat slip. Additional community amenities include a heated pool and fishing dock. Located between South Cocoa and Crescent Beach there are plenty of nearby parks and dining options, including the charming Downtown Cocoa Village with entertainment venues, art galleries, an amphitheater and more. Want to spend a day at the beach? No problem! Public Beach Access is literally across the street so you can go from the river to the ocean in less than 5 minutes. If you’ve been looking for the perfect coastal hideaway then this unit is a must see – schedule your showing today.

Last Agent to Sell the Property

Kelly Price

KELLY PRICE & COMPANY LLC Brokerage Phone: 407-645-4321 License #571579 Listed on: 02/09/2024

Last Buyer's Agent

Barbara Schluraff

CENTURY 21 OCEAN License #3244369

CENTURY 21 OCEAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1982

Lot Details

  • Riverfront
  • River Front
  • East Facing Home

HOA Fees

  • $690 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,268 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Tile Flooring
  • River Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • River Access
  • Seawall
  • Assigned Boat Slip
  • Open Dock
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, sewer, trash, water
  • M.R.S. Management Association, Phone Number (321) 784-8660
  • Crescent Beach Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,917

Year Built

Built in 1982

Lot Details

0

HOA Fees

$690 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1268
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1268
  • Lot Size Sq Ft: 3049
  • Directions to Property: Take 520 East, then South on A1A. Waters Edge West is on the right hand side (river side).
  • Status: Sold
  • Street Direction: S
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Winter Park
  • Escrow Postal Code: 32789
  • Escrow State: FL
  • Escrow Street Name: N. Park Avenue
  • Escrow Street Number: 329
  • Floor Number: 2
  • List Office Head Office Key Nume: 1052181
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 303.63
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing,River,Waterfront
  • Attribution Contact: 407-645-4321
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 2850
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 117.80
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Hurricane Shutters, Sliding Doors
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: BANANA RIVER
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: River
  • Water Extras: Assigned Boat Slip,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Flood Zone Date: 2021-01-29
  • Flood Zone Panel: 12009C0463H
  • Water Frontage Feet River: 1

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Pool
  • Association Fee: 690
  • Association Fee Frequency: Monthly
  • Association Name: M.R.S. Management
  • Phone: 321-784-8660
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyer to verify all pet restrictions with HOA
  • Association Fee Requirement: Required
  • Building Name Number: WATERS EDGE WEST
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 8280.00
  • Total Monthly Fees: 690.00
  • Monthly HOA Amount: 690.00

Lot Info

  • Zoning: CONDO
  • Parcel Number: 25 3726-51-F-3.13
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 283

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify all lease restrictions with HOA

Tax Info

  • Tax Annual Amount: 3917.15
  • Tax Block: F
  • Tax Book Number: 1-26
  • Tax Lot: 3

Multi Family

  • Waterfront Features: River Front
  • Approval Process: Buyer to verify any approval processes with HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Jun 21, 2024
Sold by
Wellman William B and Graham White W
Bought by
Poling Joseph Scott
Seller's Agent
Kelly Price
KELLY PRICE & COMPANY LLC
Buyer's Agent
Barbara Schluraff
CENTURY 21 OCEAN
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Total Days on Market
77
Views
80
Current Estimated Value
$393,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,902
Avg. Annual Appreciation
2.41%
Original Mortgage
$308,000
Outstanding Balance
$305,714
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$88,188

Purchase Details

Closed on
Nov 27, 2000
Sold by
Festa Christina
Bought by
Wellman William B and Wellman Anne C

Purchase Details

Closed on
Oct 21, 1999
Sold by
Gillen Thomas R and Gillen Genevieve M
Bought by
Festa Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,250
Interest Rate
7.91%
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 Type Sale Price Title Company
Warranty Deed $385,000 None Listed On Document
Warranty Deed $145,000 --
Warranty Deed $94,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 New Conventional
Previous Owner $67,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $385,000 -3.8% $304 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $400,000 0.0% $315 / Sq Ft
03/22/2024 03/22/24 For Sale $400,000 +3.9% $315 / Sq Ft
02/22/2024 02/22/24 Off Market $385,000 -- --
02/09/2024 02/09/24 For Sale $375,000 -- $296 / Sq Ft
Source: Stellar MLS

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 $3,917 $328,860 $0 $0
2022 $3,447 $304,210 $0 $0
2021 $2,986 $210,540 $0 $210,540
2020 $3,004 $210,540 $0 $210,540
2019 $2,969 $206,420 $0 $206,420
2018 $2,778 $184,670 $0 $184,670
2017 $2,873 $184,720 $0 $184,720
2016 $2,755 $167,930 $0 $0
2015 $2,748 $151,450 $0 $0
2014 $2,458 $137,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6176715

Stellar MLS

APN: 25-37-26-51-0000F.0-0003.13