NOT LISTED FOR SALE

5660 N Highway 1 Cocoa, FL 32927

Estimated Value: $830,679

-- Bed
-- Bath
-- Sq Ft
4.16 Acres

Last Sold September 18, 2020

Last sale price $595,000

Est. 40% increase in value since last sale

Current estimated payment $5,359/month

484 Days on Market

Highlights

  • 207 Feet of Waterfront
  • No HOA
  • Many Trees
  • 4.16 Acre Lot

About This Home

As of September 2020

Great opportunity to build your waterfront dream home in the back and run your business in the front!! Located in Cocoa, FL just miles across from the Kennedy Space Center consists of 4.16 acres of mixed use land, Commercial (front 1.42 acres) & vacant residential land (back 2.74 acres).The best kept secret is the beautiful, untouched land behind waiting to be developed into residential use! Full of mature oak & palm trees, the view of the river is peaceful & serene! Zoning allows multifamily or single family or even resort dwellings if split with flag lot including a 25' wide roadway for entrance. With the new SpaceX program there are so many possibilities with this property & amazing income potential!!! Property is not in a flood zone! Front business is closed.Must be seen to appreciate! appreciate!

Last Agent to Sell the Property

Donna Johns

Florida Style Realty License #3021238 Listed on: 01/25/2019

Last Buyer's Agent

Terrence Galvin

SouthStar Realty Assoc. Inc. License #312492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,159

Year Built

  • 1957

Lot Details

  • 4.16 Acre Lot
  • Lot Dimensions are 207 x 890
  • 207 Feet of Waterfront
  • River Front
  • Many Trees

Schools

  • Fairglen Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Burchfield Survey Bk 1 Pg 115 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-19-02-*-3.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,159

Year Built

1957

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Burchfield Survey Bk 1 Pg 115
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Exterior Features

  • Acres: 4.16
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Number Of Lots: 1
  • Current Use: Commercial, Mixed Use, Multi-Family, Single Family
  • Lot Dimensions: 207 x 890
  • Lot Size Sq Ft: 184230.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-19-02-*-3.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10159.0

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Sep 17, 2020
Sold by
Wall Robert D and Wall Kenneth
Bought by
5660 Indian River Llc
Seller's Agent
Donna Johns
Florida Style Realty
Buyer's Agent
Terrence Galvin
SouthStar Realty Assoc. Inc.
List Price
$738,000
Sold Price
$595,000
Premium/Discount to List
-$143,000
-19.38%
Total Days on Market
484
Current Estimated Value
$830,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,679
Avg. Annual Appreciation
7.28%
Original Mortgage
$414,460
Outstanding Balance
$372,781
Interest Rate
2.9%
Estimated Equity
$457,898

Purchase Details

Closed on
Dec 14, 1995
Sold by
Wall Jack F
Bought by
Wall Jack F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
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
5660 Indian River Llc $595,000 Prestige Ttl Of Brevard Llc
Wall Jack F $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5660 Indian River Llc $414,460
Previous Owner Wall Jack F $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $595,000 0.0% --
05/24/2020 05/24/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $595,000 -3.3% --
04/11/2020 04/11/20 Price Changed $615,000 -1.6% --
03/04/2020 03/04/20 Price Changed $625,000 -2.3% --
02/03/2020 02/03/20 Price Changed $640,000 -1.5% --
01/10/2020 01/10/20 Price Changed $650,000 -3.7% --
11/15/2019 11/15/19 Price Changed $675,000 -1.5% --
09/16/2019 09/16/19 Price Changed $685,000 -1.4% --
08/16/2019 08/16/19 Price Changed $695,000 -0.6% --
07/18/2019 07/18/19 Price Changed $699,000 -1.8% --
06/19/2019 06/19/19 Price Changed $712,000 -1.0% --
05/11/2019 05/11/19 Price Changed $719,000 -0.8% --
04/05/2019 04/05/19 Price Changed $725,000 -1.3% --
02/04/2019 02/04/19 Price Changed $734,500 -0.5% --
01/25/2019 01/25/19 For Sale $738,000 -- --
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
2023 $8,614 $538,180 $537,880 $300
2022 $8,362 $538,180 $0 $0
2021 $8,831 $538,180 $537,880 $300
2020 $10,512 $658,830 $564,820 $94,010
2019 $10,110 $610,030 $564,820 $45,210
2018 $10,583 $608,830 $564,820 $44,010
2017 $10,361 $580,000 $0 $580,000
2016 $10,260 $537,670 $457,500 $80,170
2015 $9,675 $509,700 $433,800 $75,900
2014 $9,661 $500,250 $433,800 $66,450
Source: Public Records

Agents Affiliated with this Home

  • Donna Johns

    Seller's Agent in 2020

    Donna Johns

    Florida Style Realty

    (941) 896-8353

    1 in this area

    25 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Terrence Galvin

    SouthStar Realty Assoc. Inc.

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Map

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

MLS Number: 835139

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-19-02-00000.0-0003.02

Florida Brevard County Cocoa 32927

5660 N Highway 1, Cocoa, FL

This home is located at 5660 N Highway 1, Cocoa, FL 32927 since 25 January 2019 and is currently estimated at $830,679. This property was built in 1957. 5660 N Highway 1 is a home located in Brevard County with nearby schools including Fairglen Elementary School, Cocoa High School, and East Atlantic Prep of Brevard County.

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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