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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 60000.0
  • Income And Expenses Operating Expense: 23800.0
  • Owner Pays:Sewer2: 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
  • Additional Parcels Description: 2318303
  • 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:

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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 Change Sq Ft Price
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

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

    1 in this area

    30 Total Sales

    Ron Wallen
    Section Image
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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

Florida Brevard County Cocoa 32927

4025 Indian River Dr, Cocoa, FL

This home is located at 4025 Indian River Dr, Cocoa, FL 32927 since 31 August 2016. This property was built in 1940. 4025 Indian River Dr is a home located in Brevard County with nearby schools including Fairglen Elementary School, Cocoa High School, and Space Coast Christian Academy.

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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