NOT LISTED FOR SALE

2911 N Indian River Dr Cocoa, FL 32922

Estimated Value: $502,422 - $627,000

2 Beds
2 Baths
1,344 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $599,000 $446 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,257/month

54 Days on Market

Highlights

  • 70 Feet of Waterfront
  • 0.52 Acre Lot
  • Covered Patio or Porch
  • River Access
  • No HOA
  • 4 Car Garage

About This Home

As of July 2024

This is your chance to own a wonderfully remodeled WATERFRONT home in Cocoa. Set back on the beautiful and prestigious Indian River Drive and sitting on one half of an acre with amazing river views, this home is truly one of a kind. The long driveway and perfect elevation of this home lead you to a remodeled paradise you have to see to believe. Currently used as an investment property and fully furnished and can be delivered as is or empty. The owner spared no expense in creating a true oasis for his guests or potential new owners with an unmatched outdoor area, a 3 car attached garage and additional detached garage/workshop.

Last Agent to Sell the Property

Mike Saracco

U S Realty Hub LLC License #3359330 Listed on: 04/11/2024

Last Buyer's Agent

Cenia Hyatt

Blue Marlin Real Estate License #3455475

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,547

Year Built

  • Built in 1964

Lot Details

  • 0.52 Acre Lot
  • 70 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • East Facing Home

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Additional Parking

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Covered Patio or Porch

Schools

  • Cambridge Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-36-17-00-00009.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,547

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-17-00-00009.0-0000.00
  • Location Tax and Legal Elementary School: Cambridge
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 4546.63
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1344.0
  • General Property Information Lot Size Acres: 0.52
  • General Property Information Lot Size Square Feet2: 22651.0
  • 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: East
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Yes: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Water Frontage Feet: 70
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Waterfront Features Intracoastal2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Acres: 0.52
  • Pool Private: No
  • Waterfront Features: Navigable Water, River Access, River Front, Intracoastal
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Covered, Front Porch
  • Lot Features:Other21: Yes
  • Waterfront Features:River Front: Yes
  • Patio And Porch Features:Covered2: Yes
  • Waterfront Features:River Access: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Additional Parking, Attached, Detached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 22651.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2413470
  • Parcel #: 24-36-17-00-00009.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4546.63

MLS Schools

  • Elementary School: Cambridge
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jul 9, 2024
Sold by
2911 N Indian River Drive Llc
Bought by
Terburg Bartholomeus C
Seller's Agent
Mike Saracco
U S Realty Hub LLC
Buyer's Agent
Cenia Hyatt
Blue Marlin Real Estate
List Price
$759,000
Sold Price
$599,000
Premium/Discount to List
-$160,000
-21.08%
Views
23
Current Estimated Value
$542,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,394
Avg. Annual Appreciation
-7.49%
Original Mortgage
$400,000
Outstanding Balance
$395,259
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$147,347

Purchase Details

Closed on
Aug 19, 2022
Sold by
Phillip Beyel
Bought by
2911 N Indian River Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Muller Richard W
Bought by
Beyel Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.18%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Alexander Constance and Alexander Owen W
Bought by
Muller Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.81%
Source: Public Records

Range of Values:

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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
Terburg Bartholomeus C $599,500 None Listed On Document
Terburg Bartholomeus C $599,500 None Listed On Document
2911 N Indian River Drive Llc $460,000 None Listed On Document
Beyel Phillip $315,000 State Title
Muller Richard W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terburg Bartholomeus C $400,000
Closed Terburg Bartholomeus C $400,000
Previous Owner 2911 N Indian River Drive Llc $345,000
Previous Owner Beyel Phillip $252,000
Previous Owner Muller Richard W $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $599,000 -14.3% $446 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/25/2024 05/25/24 Price Changed $699,000 -6.7% $520 / Sq Ft
05/08/2024 05/08/24 Price Changed $749,000 -1.3% $557 / Sq Ft
04/11/2024 04/11/24 For Sale $759,000 -- $565 / 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 $4,521 $365,740 -- --
2024 $4,547 $329,480 -- --
2023 $4,547 $324,420 $150,000 $174,420
2022 $2,175 $176,310 $0 $0
2021 $2,220 $171,180 $0 $0
2020 $2,182 $168,820 $0 $0
2019 $2,128 $165,030 $0 $0
2018 $2,133 $161,960 $0 $0
2017 $2,152 $158,630 $0 $0
2016 $2,183 $155,370 $80,000 $75,370
2015 $2,229 $154,290 $80,000 $74,290
2014 $2,234 $153,070 $70,000 $83,070
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1010562

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-17-00-00009.0-0000.00