NOT LISTED FOR SALE

4025 Indian River Dr Cocoa, FL 32927

3 Beds
2 Baths
4,443 Sq Ft
54,014 Sq Ft

Last Sold September 23, 2016

Last sale price $569,000 $128 Per Sq Ft

Highlights

  • 760 Feet of Waterfront
  • Boat Ramp
  • 1.24 Acre Lot
  • Community Boat Dock
  • RV Access or Parking
  • Farm

About This Home

As of September 2016

Welcome to River landing, a rare opportunity to procure a river front property with a wide array of income possibilities. 1, The main home remodeled in 98, offers 4 bedrooms w/ 2 spt studio rooms and 4 baths water, power and cable included in the rent - 2, a triplex w/ 3 studio apts individually metered 3: a guest home with 1 bedrooms, living, kitchenette w/ sep. studio apt and lg patio water power and cabler included in the rent. 4, 748 sq ft mechanics garage with h/d auto lift (potential addl income) 5, 960sq ft' r/v metal coachport with power (potential addl income) 6, 90' river frontage gazebo w/ 2 docks and seawall, 7, large storage bldg. Several attractive uses can be utilized with AU zoning. Owner financing available.

Last Agent to Sell the Property

Ronald Wallen

RE/MAX Elite Listed on: 08/31/2016

Last Buyer's Agent

Ron Wallen

RE/MAX Elite License #607394

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,613

Year Built

  • Built in 1940

Lot Details

  • 1.24 Acre Lot
  • 760 Feet of Waterfront
  • River Front

Parking

  • 3 Car Detached Garage
  • 8 Open Parking Spaces
  • 900 Carport Spaces
  • RV Access or Parking

Home Design

  • 4,443 Sq Ft Home
  • Triplex
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Boat Ramp

Schools

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

Farming

  • Farm
  • Agricultural

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Separate Meters
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for cable TV, electricity, exterior maintenance, grounds care, insurance, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 23-36-32-Bj-00000.0-0001.01

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Thomas Subd Subdivision

Recreation

  • Community Boat Dock

Building Details

  • Operating Expense $23,800
  • Gross Income $60,000
  • Net Operating Income $36,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,613

Year Built

Built in 1940

Lot Details

1.24 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Agricultural, Farm, Other
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Thomas Subd
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 23-36-32-Bj-00000.0-0001.01
  • Location Tax and Legal Elementary School: Fairglen
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 8612.52
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Building Area Total3: 4443.0
  • General Property Information Lot Size Acres: 1.24
  • General Property Information Lot Size Square Feet2: 54014.0
  • General Property Information Carport Spaces2: 900.0
  • General Property Information Waterfront YN: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: Yes
  • General Property Information Lot Size Dimensions: 90.0 ft x 530.0 ft
  • Flooring Vinyl: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • General Property Information Number Of Units Total2: 5.0
  • General Property Information Water Frontage Feet: 760
  • Gross Scheduled Income: 60000.0
  • Income And Expenses Operating Expense: 23800.0
  • Utilities Electricity Available: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Utilities Separate Electric Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Microwave, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes

Exterior Features

  • Exterior Features: Boat Ramp - Private
  • Pool Features: None
  • Roof: Metal, Shingle
  • Acres: 1.24
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Farm: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, RV Access/Parking
  • Total Parking Spaces: 9.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Parking Total: 9.0
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Separate Electric Meters
  • Cooling Y N: Yes
  • Sewer Septic Tank: Yes

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

Lot Info

  • Lot Dimensions: 90.0 ft x 530.0 ft
  • Lot Size Sq Ft: 54014.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-32-Bj-00000.0-0001.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8612.52

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 23800.0
  • Income And Expenses Net Operating Income: 36200.0

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa
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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
09/23/2016 09/23/16 Sold $569,000 -5.2% $128 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $599,900 -- $135 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $11,482 $725,010 -- --
2024 $11,183 $724,440 -- --
2023 $11,183 $687,840 $329,400 $358,440
2022 $10,185 $666,560 $0 $0
2021 $9,648 $553,790 $279,400 $274,390
2020 $9,344 $530,150 $246,610 $283,540
2019 $9,043 $500,000 $246,610 $253,390
2018 $9,026 $485,000 $0 $485,000
2017 $9,242 $480,000 $0 $480,000
2016 $8,602 $421,000 $214,080 $206,920
2015 $8,613 $408,830 $214,080 $194,750
2014 $8,221 $375,160 $214,080 $161,080
Source: Public Records

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Map

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

MLS Number: 763371

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-32-BJ-00000.0-0001.01

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