NOT LISTED FOR SALE

550 Garfield Ave Unit 201 Cocoa Beach, FL 32931

Estimated Value: $502,000 - $568,000

3 Beds
2 Baths
1,616 Sq Ft
$400/mo HOA Fee

Last Sold December 18, 2020

Last sale price $385,625 $239 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,759/month

83 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Clubhouse
  • Cocoa Beach Junior/Senior High School Rated A
  • Open Floorplan
  • Bonus Room

About This Home

As of December 2020

Opportunity is yours, make this DIRECT OCEANFRONT condo your own. Light & bright CORNER UNIT draws you to the living area with 2 sets of sliders. Enter the oversized tiled balcony to enjoy sunrises & hear ocean waves. 3 bedrooms with 3rd currently used as an open den. Prepare meals in your open eat-kitchen with plenty of counter space and breakfast bar featuring beachwood look tile accent. Generous Master with 2 walk in closets & new carpet in both bedrooms. Laundry room too in unit for convenience. No worries about safety with high end storm resistant windows/shutters & secure elevator. Storage closet on balcony & detached garage for your beach gear. Chill by the pool after a day at the beach. See and make offer!

Last Agent to Sell the Property

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722 Listed on: 08/13/2020

Last Buyer's Agent

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722 Listed on: 08/13/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Bonus Room
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-23-Cg-00084.0-0013.05

Community Details

Overview

  • Association fees include cable TV, insurance, trash, water
  • La Mer Apts Condo Association
  • La Mer Apts Condo Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,330

Year Built

Built in 1979

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Secured Elevator
  • Reso Association Amenities: Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Live In, Other
  • Reso Association Fee Includes: Cable TV, Insurance, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: La Mer Apts Condo
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-23-Cg-00084.0-0013.05
  • 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: 2330.32
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1616.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 5
  • Security Features Secured Elevator: Yes
  • ViewOcean: Yes
  • Room Types Bonus Room: Yes
  • Pets Allowed No: Yes
  • Association Amenities Management - Live In: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 5
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Other
  • Acres: 0.04
  • Waterfront Features: Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: LA MER APTS CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: LA MER APTS CONDO
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2435087
  • Parcel #: 24-37-23-Cg-00084.0-0013.05
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2330.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Dec 18, 2020
Sold by
Calvet Russell A
Bought by
Smith Kathleen T
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
List Price
$450,000
Sold Price
$385,625
Premium/Discount to List
-$64,375
-14.31%
Current Estimated Value
$538,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,563
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Dimaria Frank and Dimaria Josephine
Bought by
Calvet Russell A and Calvet Anna Lee P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Show James T and Show Susan B
Bought by
Dimaria Frank and Dimaria Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.53%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Mason James Douglas
Bought by
Show James T and Show Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.14%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Mason James W
Bought by
Mason James W and Mason James Douglas
Source: Public Records

Range of Values:

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Average Value
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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
Smith Kathleen T $385,700 Island T&E Agcy Inc
Calvet Russell A $370,000 Dba Glow Title & Escrow
Dimaria Frank $337,500 Gulfatlantic Title
Show James T $200,000 --
Mason James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calvet Russell A $277,500
Previous Owner Dimaria Frank $237,500
Previous Owner Show James T $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $385,625 -7.1% $239 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $415,000 -2.4% $257 / Sq Ft
09/22/2020 09/22/20 Price Changed $425,000 -5.6% $263 / Sq Ft
08/13/2020 08/13/20 For Sale $450,000 -- $278 / 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 $6,076 $545,060 -- --
2024 $5,826 $514,120 -- --
2023 $5,826 $490,570 $0 $0
2022 $5,330 $490,530 $0 $0
2021 $4,562 $334,330 $0 $334,330
2020 $2,364 $193,970 $0 $0
2019 $2,330 $189,610 $0 $0
2018 $2,338 $186,080 $0 $0
2017 $2,364 $182,260 $0 $0
2016 $2,408 $178,520 $0 $0
2015 $2,484 $177,280 $0 $0
2014 $2,502 $175,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 882731

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-23-CG-00084.0-0013.05