NOT LISTED FOR SALE

4025 Indian River Dr Cocoa, FL 32927

3 Beds
2 Baths
4,443 Sq Ft
1.24 Acres

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
  • 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

  • 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

0

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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 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 $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

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ronald Wallen

    RE/MAX

  • Ron Wallen

    Buyer's Agent in 2016

    Ron Wallen

    RE/MAX

    (321) 795-0405

    28 Total Sales

    Ron Wallen
    Section Image
See All Agents

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

Florida Brevard County Cocoa 32927

4025 Indian River Dr, 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.

Nearby Homes