NOT LISTED FOR SALE

346 Mallets Bay Ln Cocoa, FL 32926

-- Bed
-- Bath
-- Sq Ft
308,405 Sq Ft Lot

Last Sold December 17, 2012

Last sale price $925,000

698 Days on Market

Highlights

  • 7.08 Acre Lot
  • No HOA
  • Resident Manager or Management On Site
  • Rockledge Senior High School Rated A-

About This Home

As of December 2012

This is a 76 pad family park in Cocoa. Currently there are 25 newer park owned trailers.23 pad rentals and 28 vacant pads.Well managed park with a great amount of upside potential.Current actuals has the propertyy priced at a 13% CAP rate.

Last Agent to Sell the Property

Eugene Artusa

Sunchaser II Realty Listed on: 11/17/2010

Last Buyer's Agent

Eugene Artusa

Sunchaser II Realty Listed on: 11/17/2010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,499

Lot Details

  • 7.08 Acre Lot

Parking

  • Assigned Parking

Home Design

Listing and Financial Details

  • The owner pays for common area maintenance, electricity, grounds care, insurance, management, sewer, taxes, water
  • Assessor Parcel Number 24353600005230000000

Community Details

Overview

  • No Home Owners Association
  • 76 Units
  • Part Of The Ne 1/4 Lying N Of St Subdivision

Building Details

  • Operating Expense $105,946
  • Gross Income $247,776
  • Net Operating Income $163,830

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,499

Lot Details

7.08 Acres

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Other
  • Reso Association Amenities: Management - Live In
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Part of The NE 1/4 Lying N of St
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 24353600005230000000
  • Location Tax and Legal Tax Annual Amount: 20499.24
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Lot Size Acres: 7.08
  • General Property Information Lot Size Square Feet2: 308404.8
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 76.0
  • Gross Scheduled Income: 247776.0
  • Income And Expenses Operating Expense: 105946.0
  • Association Amenities Management - Live In: Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 7.08
  • Waterfront: No
  • Construction Type: Other
  • Lot Features:Other21: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Utilities: Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 308404.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 24353600005230000000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Common Area Maintenance, Electricity, Grounds Care, Insurance, Management, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 20499.24

Multi Family

  • Number Of Units Total: 76
  • Annual Operating Expense: 105946.0
  • Income And Expenses Net Operating Income: 163830.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $925,000 -26.0% --
10/15/2012 10/15/12 Pending -- -- --
11/17/2010 11/17/10 For Sale $1,250,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Eugene Artusa

    Sunchaser II Realty

See All Agents

Map

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

MLS Number: 584090

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Cocoa 32926

346 Mallets Bay Ln, Cocoa, FL

Not Listed for Sale

MultiFamily

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.

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