NOT LISTED FOR SALE
1 Bed
1 Bath
27,504 Sq Ft
1.03 Acre Lot

Sale Details

Date Sold: May 31, 2019

Last sale price $3,030,000 $110 Per Sq Ft

347 Days on Market

Highlights

  • 1.03 Acre Lot
  • No HOA
  • Tile Flooring
  • Theodore Roosevelt Elementary School Rated 9+

About This Home

As of May 2019

36 unit apartment complex. 8 carports and many storages for additional income.
Fantastic location, close to the beach and downtown.27 one bedroom and 9 two bedroom units.
Possible owner financing with at least 40% down.

Last Agent to Sell the Property

Niko Mihatovic

All Real Estate, Inc. License #671933 Listed on: 08/31/2017

Last Buyer's Agent

Rachel Hydorn

EXP Realty LLC License #3334510

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,802

Year Built

  • Built in 1964

Lot Details

  • 1.03

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 27,504 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Schools

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

Additional Features

  • 1.03 Acre Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 36 Units

Listing and Financial Details

  • The owner pays for electricity, gas, grounds care, insurance, management, pest control, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 25-37-14-Dd-00028.0-0007.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,802

Year Built

Built in 1964

Lot Details

1.03 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Multi Family
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 25-37-14-Dd-00028.0-0007.00
  • 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: 20801.8
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 27504.0
  • General Property Information Building Area Total3: 32208.0
  • General Property Information Lot Size Acres: 1.03
  • General Property Information Lot Size Square Feet2: 44867.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 36.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Electric Range, Refrigerator
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.03
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available, Water Available
  • 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: 44867.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-14-Dd-00028.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Grounds Care, Insurance, Management, Pest Control, Repairs, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 20801.8

Multi Family

  • Number Of Units Total: 36

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
May 31, 2019
Sold by
Bought by
Seller's Agent
Niko Mihatovic
All Real Estate, Inc.
Buyer's Agent
Rachel Hydorn
EXP Realty LLC
List Price
$37,000,000
Sold Price
$3,030,000
Premium/Discount to List
-$33,970,000
-91.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,983,640
Interest Rate
0.042%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,030,000 Attorney
$1,995,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,970,000
Closed $2,983,640
Previous Owner $1,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $3,030,000 0.0% $110 / Sq Ft
08/31/2018 08/31/18 Off Market $3,030,000 -- --
07/16/2018 07/16/18 Pending -- -- --
06/29/2018 06/29/18 Off Market $3,030,000 -- --
05/22/2018 05/22/18 Price Changed $3,400,000 -2.9% $124 / Sq Ft
03/03/2018 03/03/18 Price Changed $3,500,000 -90.5% $127 / Sq Ft
08/02/2017 08/02/17 For Sale $37,000,000 -- $1,345 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $66,709 $4,948,300
2024 $57,270 $4,597,950
2023 $57,270 $4,183,780
2022 $51,185 $4,104,920 $0 $0
2021 $40,673 $2,400,000 $810,000 $1,590,000
2020 $40,984 $2,400,000 $810,000 $1,590,000
2019 $25,531 $1,550,000 $810,000 $740,000
2018 $22,904 $1,275,000 $810,000 $465,000
2017 $21,840 $1,200,000 $0 $1,200,000
2016 $20,802 $1,150,000 $0 $0
2015 $18,333 $930,000 $600,000 $330,000
2014 $17,461 $870,000 $480,000 $390,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 790530

Space Coast MLS (Space Coast Association of REALTORS®)
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