NOT LISTED FOR SALE

402 Grant Ave Cocoa Beach, FL 32931

Estimated Value: $508,987 - $608,000

2 Beds
2 Baths
1,728 Sq Ft
$329/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $265,000 $153 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,387/month

27 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Cocoa Beach Junior/Senior High School Rated A

About This Home

As of September 2015

Location,Location, Location! Great income producing property 30 secs. from the boardwalk down to the ocean. Tile, and berber carpet and both backyards are fenced in for privacy with wooden deck balcony's upstairs and covered downstairs patios. Don't wait! Get your piece of the beach. This won't last long. Seller is very motivated.

Last Agent to Sell the Property

Lettye Baggett

C. Apollo Realty Inc Listed on: 08/13/2015

Last Buyer's Agent

Anne McCray

Serving Brevard Realty License #3069366

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1956

Lot Details

  • 6,970 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Additional Parking

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 24-37-23-Cg-00076.0-0006.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,985
  • Gross Income $18,000
  • Net Operating Income $16,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,985

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 24-37-23-Cg-00076.0-0006.01
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 1985.49
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 1728.0
  • General Property Information Building Area Total3: 1788.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • General Property Information Carport Spaces2: 4.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 9000.0
  • Income And Expenses Operating Expense: 1985.0
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • General Property Information:Parking Total: 4.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2434934
  • Parcel #: 24-37-23-Cg-00076.0-0006.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes, Other

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1985.49

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Annual Operating Expense: 1985.0
  • Income And Expenses Net Operating Income: 16015.0

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Sep 22, 2015
Sold by
Moore Susan
Bought by
Lembo Raymond A
Seller's Agent
Lettye Baggett
C. Apollo Realty Inc
Buyer's Agent
Anne McCray
Serving Brevard Realty
List Price
$289,500
Sold Price
$265,000
Premium/Discount to List
-$24,500
-8.46%
Current Estimated Value
$568,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,247
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Moore William V and Moore Susan
Bought by
Moore William V and Moore Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.71%
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
Lembo Raymond A $265,000 Fidelity Natl Title Fl Inc
Moore William V $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore William V $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $265,000 -8.5% $153 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $289,500 -- $168 / 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 $4,491 $341,070 -- --
2024 $4,217 $337,140 -- --
2023 $4,217 $304,400 -- --
2022 $4,248 $338,370 $0 $0
2021 $4,042 $287,760 $0 $0
2020 $3,552 $253,060 $0 $0
2019 $3,319 $237,310 $0 $0
2018 $3,223 $226,630 $0 $0
2015 $2,852 $139,000 $110,000 $29,000
2014 $1,985 $106,120 $79,000 $27,120
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 731239

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-23-CG-00076.0-0006.01