NOT LISTED FOR SALE

550 Garfield Ave Unit 401 Cocoa Beach, FL 32931

Estimated Value: $563,000 - $609,000

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

Last Sold December 15, 2021

Last sale price $635,000 $393 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,062/month

36 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Cocoa Beach Junior/Senior High School Rated A
  • Clubhouse
  • Balcony

About This Home

As of December 2021

Magnificent Ocean & Beach Views! This DIRECT OCEAN, CORNER UNIT is sure to impress. Beautiful updates and meticulously maintained this condo features 2 sets of large sliders that lead to the impressively oversized tiled balcony with room for dining or lounging while the ocean breezes keep you cool. The sleek modern kitchen boasts quartz countertops, soft close cabinets, and contemporary cabinet pulls. The primary suite offers dual walk-in closets and a spacious bathroom with double vanities & a gorgeous tile shower. Very light and bright with hurricane impact windows throughout the unit and blackout shades in the bedrooms. Separate laundry room with utility sink and storage cabinets, plus a detached 1 car garage. Move-in ready, come make this lovely condo your own oceanfront oasis, today!

Last Agent to Sell the Property

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722 Listed on: 11/23/2021

Last Buyer's Agent

Amanda Mansueto

Blue Marlin Real Estate License #3457715

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Guest Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

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-00084.0-0013.13

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

  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,587

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
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Secured Elevator
  • Reso Association Amenities: Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Insurance, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: La Mer Apts Condo
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-23-Cg-00084.0-0013.13
  • 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: 3586.92
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1616.0
  • General Property Information Building Area Total3: 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: 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
  • 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
  • Pets Allowed No: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), His and Hers Closets, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 5
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): 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: Membrane
  • Acres: 0.04
  • Waterfront Features: Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: 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: 2435095
  • Parcel #: 24-37-23-Cg-00084.0-0013.13
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3586.92

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 15, 2021
Sold by
Patrick Nelson Lawrence and Patrick Barbara E
Bought by
Lescoe Children Family Trust
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Amanda Mansueto
Blue Marlin Real Estate
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$594,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,159
Avg. Annual Appreciation
-1.69%

Purchase Details

Listed on
May 28, 2013
Closed on
Sep 13, 2013
Sold by
Wells Michael and Wells Sharon
Bought by
Nelson Lawrence Patrick and Nelson Barbara E
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Ana Pareja
Towers Group Realty & Mgt, LLC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$327,750
Interest Rate
4.37%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Wheeler Sherrill M and Horace E Frink Jr Trust
Bought by
Wells Michael and Wells Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.62%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Frink Horace E
Bought by
Frink Horace E and Horace E Frink Jr Trust
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
Lescoe Children Family Trust $635,000 Island Title & Escrow
Nelson Lawrence Patrick $345,000 Island Title & Escrow Agency
Wells Michael $230,000 Attorney
Frink Horace E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Lawrence Patrick $327,750
Previous Owner Wells Michael $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $635,000 0.0% $393 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $635,000 0.0% $393 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $635,000 +84.1% $393 / Sq Ft
09/13/2013 09/13/13 Sold $345,000 -1.4% $213 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $350,000 -- $217 / 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 $6,098 $536,230 -- --
2024 $6,373 $521,120 -- --
2023 $6,373 $497,570 $0 $497,570
2022 $6,123 $497,530 $0 $0
2021 $3,619 $295,120 $0 $0
2020 $3,587 $291,050 $0 $0
2019 $3,558 $284,510 $0 $0
2018 $3,580 $279,210 $0 $0
2017 $3,637 $273,470 $0 $0
2016 $3,718 $267,850 $0 $0
2015 $3,849 $265,990 $0 $0
2014 $3,883 $263,880 $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: 918591

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-23-CG-00084.0-0013.13