$2,125,000
SOLD DEC 2, 2022
-- Bed
-- Bath
4,876 Sq Ft
0.34 Acres

Recently Sold

$436 Per Sq Ft

15% Below List Price

21 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Wood Flooring
  • Theodore Roosevelt Elementary School Rated 9+
  • River Front
  • No HOA

About This Home

As of December 2022

JUST LISTED! Super Turnkey Airbnb Investment! Banana Riverfront with 5 min. walk to the Ocean. 2 separate buildings make up this iconic Cocoa Beach property! A 5 bedroom, 4 bath house with gas heated pool, & spa and new roof in 2020! Plus a quadplex with 4 riverfront units each with 2 bedrooms, 1 bath! All apts. have new PVC plumbing and separate electrical & water meters! Currently operating as a successful Airbnb capable of sleeping up to 31 guests! Making this property the ultimate investment & vacation get-away! Your guests/residents will enjoy beautiful riverfront sunsets from the balconies and dock while the main house enjoys both sunrises & sunsets! Ocean/Beach access is just a quick walk away!

Last Agent to Sell the Property

Nichole Stevens

Atlantis Real Estate of Brev. License #3381848 Listed on: 09/14/2022

Co-Listed By

Cheryl Alyea

Atlantis Real Estate of Brev. License #201442

Last Buyer's Agent

Trisha Nickum

Coastal Life Properties LLC License #3464355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • River Front
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,876 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces
  • 1 Carport Space

Pool

  • In Ground Pool
  • In Ground Spa
  • Pool Sweep

Schools

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

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • The owner pays for cable TV, electricity, grounds care, insurance, management, pest control, pool maintenance, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 25-37-35-25-00003.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Orlando Beach Subdivision

Recreation

  • Boat Dock

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,290

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Dead End Street, Other
  • Road Surface Type: Paved
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: 04090
  • Co List Office Phone: 321-777-3060
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Orlando Beach
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One, Two
  • Location Tax and Legal Parcel Number2: 25-37-35-25-00003.0-0006.00
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 9289.73
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 4876.0
  • General Property Information Building Area Total3: 6914.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Owner Pays:Sewer2: Yes
  • Utilities Separate Electric Meters: Yes
  • Pool Features Pool Sweep: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: In Ground, Pool Sweep, Private, Other
  • Roof: Membrane, Shingle
  • Acres: 0.34
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 9.0
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 9.0
  • General Property Information:Open Parking Spaces2: 5.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available, Separate Electric Meters
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2520992
  • Parcel #: 25-37-35-25-00003.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Electricity, Grounds Care, Insurance, Management, Pest Control, Pool Maintenance, Repairs, Sewer, Taxes, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9289.73

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 2, 2022
Sold by
Cocoa Beach Riverfront Llc
Bought by
South Cocoa Beach Suites Llc
Seller's Agent
Nichole Stevens
Atlantis Real Estate of Brev.
Buyer's Agent
Trisha Nickum
Coastal Life Properties LLC
List Price
$2,500,000
Sold Price
$2,125,000
Premium/Discount to List
-$375,000
-15%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$1,525,000
Interest Rate
5.76%

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 28, 2020
Sold by
S Atlantic Avenue Space Coast Llc
Bought by
Cocoa Beach Riverfront Llc
Seller's Agent
Betsy Bristow
Better Homes & Gardens RE Star
Buyer's Agent
Giuseppe Conoscenti
Prestige Florida Realty
List Price
$1,340,000
Sold Price
$1,100,000
Premium/Discount to List
-$240,000
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.83%

Purchase Details

Listed on
Jan 28, 2014
Closed on
Apr 3, 2014
Sold by
Spicciati Frank and Spicciati Sherry L
Bought by
S Atlantic Ave Space Coast Llc
Seller's Agent
Anthony Romero
LIV Signature Real Estate, LLC
Buyer's Agent
Anthony Romero
Dale Sorensen Real Estate Inc.
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Clew Robert D and Clew Nancy C
Bought by
Spicciati Frank and Spicciati Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $2,125,000 --
Warranty Deed $1,100,000 Attorney
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $455,000 Supreme Title Closings Llc
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,525,000 No Value Available
Previous Owner $210,000 Unknown
Previous Owner $60,000 Unknown
Previous Owner $292,000 Unknown
Previous Owner $260,000 New Conventional
Previous Owner $225,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $2,499,000 -3.8% $591 / Sq Ft
11/05/2024 11/05/24 For Sale $2,599,000 +22.3% $615 / Sq Ft
12/02/2022 12/02/22 Sold $2,125,000 -15.0% $436 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $2,500,000 +127.3% $513 / Sq Ft
10/28/2020 10/28/20 Sold $1,100,000 -17.9% $260 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $1,340,000 +21.8% $317 / Sq Ft
08/28/2020 08/28/20 Off Market $1,100,000 -- --
03/04/2020 03/04/20 For Sale $1,340,000 0.0% $317 / Sq Ft
01/13/2017 01/13/17 Rented $1,995 0.0% --
11/22/2016 11/22/16 For Rent $1,995 +10.8% --
02/12/2016 02/12/16 Rented $1,800 0.0% --
02/10/2016 02/10/16 Under Contract -- -- --
01/11/2016 01/11/16 Price Changed $1,800 -9.8% $1 / Sq Ft
01/04/2016 01/04/16 For Rent $1,995 +121.7% --
03/26/2015 03/26/15 Rented $900 0.0% --
03/13/2015 03/13/15 Under Contract -- -- --
03/05/2015 03/05/15 For Rent $900 0.0% --
04/03/2014 04/03/14 Sold $455,000 -8.1% $108 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $495,000 -- $117 / 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
2024 $15,706 $1,330,560 -- --
2023 $15,706 $1,160,190 $285,000 $875,190
2022 $10,121 $779,030 $0 $0
2021 $9,290 $604,330 $242,000 $362,330
2020 $7,378 $450,000 $150,510 $299,490
2019 $7,976 $500,000 $0 $500,000
2018 $7,957 $500,000 $0 $500,000
2017 $7,740 $475,000 $0 $475,000
2016 $7,148 $390,000 $0 $0
2015 $7,078 $370,000 $166,200 $203,800
2014 $5,190 $280,900 $166,200 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 945995

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-35-25-00003.0-0006.00