NOT LISTED FOR SALE

3062 Oxbow Cir Cocoa, FL 32926

Estimated Value: $921,511

-- Bed
-- Bath
6,000 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $710,000 $118 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,951/month

223 Days on Market

About This Home

As of May 2021

Incredible Investment Opportunity. Fully leased 6000 sq ft Flex Space occupied by two tenants with long term leases in place. The building has five 14 ft roll-up doors in rear and clear ceiling height of 18 feet, 4 bathrooms, 3 office spaces and a classroom. Exterior features include impact glass storefront windows and doors, attractive stucco finish on front and sides, freshly painted Nov 2019, concrete parking lot and driveways. The building is divided into 2 units. The 2400 sq ft unit is fully air-conditioned the 3600 sq ft unit has air-conditioned office and classroom. There is functioning 3 phase power in the building with upgraded electrical service. Conveniently located 15 minutes to Port Canaveral, 25 minutes to Orlando Int'l Airport, easy access to SR 528 (Beachline) and I-95.

Last Listed By

Deborah Schmid

One Sotheby's Inter Realty Listed on: 07/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,734

Year Built

  • Built in 2007

Lot Details

  • 0.56 Acre Lot
  • Corner Lot

Parking

  • 10 Parking Spaces

Home Design

  • 6,000 Sq Ft Home
  • Frame Construction
  • Metal Roof
  • Stucco

Flooring

  • Concrete
  • Tile
  • Vinyl

Schools

  • Fairglen Elementary School
  • Cocoa Middle School
  • Cocoa High School

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, repairs, taxes
  • Assessor Parcel Number 24-35-12-25-00000.0-0030.00

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Grissom Ridge Subdivision

Building Details

  • Operating Expense $13,700
  • Gross Income $66,959
  • Net Operating Income $53,259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,734

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Paved
  • Co List Office Mls Id: nare4
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grissom Ridge
  • Carport Y N: No
  • Garage Yn: No
  • Gross Scheduled Income: 66959.0
  • Income And Expenses Operating Expense: 13700.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Tile, Vinyl
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.56
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 10.0

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 24394.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458805
  • Parcel #: 24-35-12-25-00000.0-0030.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Taxes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6733.92

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 13700.0
  • Income And Expenses Net Operating Income: 53259.0

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
May 17, 2021
Sold by
Redbill Llc
Bought by
Group Investments Llc
Seller's Agent
Deborah Schmid
One Sotheby's Inter Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$765,000
Sold Price
$710,000
Premium/Discount to List
-$55,000
-7.19%
Total Days on Market
223
Current Estimated Value
$921,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,511
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Grissom Ridge Llc
Bought by
Redbill Llc

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
Group Investments Llc $710,000 Superior Ttl Ins Agcy Ii Llc
Redbill Llc $95,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redbill Llc $5,000,000
Previous Owner Redbill Llc $409,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $710,000 -5.2% $118 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
08/24/2020 08/24/20 Price Changed $749,000 -2.1% $125 / Sq Ft
07/29/2020 07/29/20 For Sale $765,000 -- $128 / 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 $9,809 $436,300 $93,640 $342,660
2022 $9,065 $426,660 $0 $0
2021 $7,602 $337,840 $93,640 $244,200
2020 $7,271 $337,520 $93,640 $243,880
2019 $6,734 $296,740 $93,640 $203,100
2018 $5,938 $287,480 $93,640 $193,840
2017 $6,177 $285,000 $0 $285,000
2016 $5,963 $270,000 $0 $0
2015 $5,619 $245,000 $65,670 $179,330
2014 $5,629 $245,000 $65,670 $179,330
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deborah Schmid

    One Sotheby's Inter Realty

  • P

    Seller Co-Listing Agent in 2021

    Phillip Madison

    One Sotheby's Inter Realty

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 881508

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-35-12-25-00000.0-0030.00

Florida Brevard County Cocoa 32926

3062 Oxbow Cir, Cocoa, FL

Homes for Sale in Cocoa, FL

This home is located at 3062 Oxbow Cir, Cocoa, FL 32926 since 29 July 2020 and is currently estimated at $921,511, approximately $153 per square foot. This property was built in 2007. 3062 Oxbow Cir is a home located in Brevard County with nearby schools including Fairglen Elementary School, Cocoa High School, and Space Coast Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes