623 Forrest Ave Unit 10 Cocoa, FL 32922
Historic Cocoa Village NeighborhoodAbout This Home
As of January 2013INVESTOR OPPORTUNITY!! OWNER RETIRING! TEN CONDO UNITS, FULLY LEASED,$495 A MONTH, MONTHLY ASSOC FEE PER UNIT OF $75 WHICH INCLUDES, WATER/SEWER,GARBAGE,PEST CONTROL, LAWN CARE. ALL UNITS ARE CONCRETE BLOCK WITH BRICK, 1 BED/1 BATH,477 SQ FT, REFRIGERATOR, STOVE/OVEN, WITH ONE ASSIGNED PARKING SPACE. IN GREAT CONDITION, CONVENIENT LOCATION, WALKING DISTANCE TO THE INDIAN RIVER AND DOWNTOWN COCOA!Owner is related to LREA. 20.1% '||chr(10)||'Addendum - GROSS ANNUAL INCOME $59,400.00OPERATING EXPENSES $ 5,000.00PROPERTY TAX $ 5,980.00ANNUAL ASSOC FEES $ 9,000.00NET ANNUAL INCOME $39,420.00
Last Agent to Sell the Property
Julie Ingram
CENTURY 21 Paradise Palm Inc
Last Buyer's Agent
Nicole Grammer
RE/MAX Absolute Service Team
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $585
Year Built
- 1974
Lot Details
- 871 Sq Ft Lot
- Lot Dimensions are 95 x 152
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 4,770 Sq Ft Home
- 2-Story Property
- Tile Flooring
Parking
- 14 Parking Spaces
- Assigned Parking
Schools
- Cambridge Elementary School
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- The owner pays for exterior maintenance, grounds care, insurance, management, pest control, repairs, sewer, taxes, trash collection, water
- Assessor Parcel Number 24362800007908000000
Community Details
Overview
- Property has a Home Owners Association
- 14 Units
- Forrest Ave Condo Subdivision
Building Details
- Operating Expense $5,000
- Gross Income $59,400
- Net Operating Income $39,420
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2024 11/18/24 | Off Market | $725 | -- | -- |
| 09/03/2024 09/03/24 | Rented | $940 | 0.0% | -- |
| 08/05/2024 08/05/24 | For Rent | $940 | +25.3% | -- |
| 02/21/2020 02/21/20 | Rented | $750 | 0.0% | -- |
| 02/20/2020 02/20/20 | Under Contract | -- | -- | -- |
| 01/03/2020 01/03/20 | For Rent | $750 | +3.4% | -- |
| 02/01/2019 02/01/19 | Rented | $725 | 0.0% | -- |
| 01/29/2019 01/29/19 | Under Contract | -- | -- | -- |
| 01/11/2019 01/11/19 | For Rent | $725 | +11.5% | -- |
| 02/06/2017 02/06/17 | Rented | $650 | 0.0% | -- |
| 02/06/2017 02/06/17 | Under Contract | -- | -- | -- |
| 10/28/2016 10/28/16 | For Rent | $650 | +18.2% | -- |
| 10/26/2015 10/26/15 | Rented | $550 | 0.0% | -- |
| 10/26/2015 10/26/15 | Under Contract | -- | -- | -- |
| 09/02/2015 09/02/15 | For Rent | $550 | +4.8% | -- |
| 05/01/2014 05/01/14 | Rented | $525 | 0.0% | -- |
| 04/11/2014 04/11/14 | Under Contract | -- | -- | -- |
| 03/26/2014 03/26/14 | For Rent | $525 | 0.0% | -- |
| 04/26/2013 04/26/13 | Rented | $525 | 0.0% | -- |
| 03/20/2013 03/20/13 | Under Contract | -- | -- | -- |
| 03/12/2013 03/12/13 | For Rent | $525 | 0.0% | -- |
| 01/22/2013 01/22/13 | Sold | $30,000 | 0.0% | $64 / Sq Ft |
| 01/22/2013 01/22/13 | Pending | -- | -- | -- |
| 01/22/2013 01/22/13 | For Sale | $30,000 | -89.8% | $64 / Sq Ft |
| 09/28/2012 09/28/12 | Sold | $295,000 | 0.0% | $62 / Sq Ft |
| 07/01/2012 07/01/12 | Pending | -- | -- | -- |
| 04/01/2012 04/01/12 | For Sale | $295,000 | -- | $62 / Sq Ft |
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 | $1,034 | $43,060 | $0 | $0 |
| 2022 | $919 | $39,140 | $0 | $0 |
| 2021 | $855 | $31,380 | $0 | $31,380 |
| 2020 | $814 | $29,880 | $0 | $29,880 |
| 2019 | $791 | $28,460 | $0 | $28,460 |
| 2018 | $760 | $28,180 | $0 | $28,180 |
| 2017 | $769 | $28,180 | $0 | $28,180 |
| 2016 | $737 | $26,130 | $0 | $0 |
| 2015 | $735 | $25,620 | $0 | $0 |
| 2014 | $681 | $25,120 | $0 | $0 |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $30,000 | Prestige Title Of Brevard Ll | |
| Warranty Deed | $23,000 | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 637624
APN: 24-36-28-00-00791.0-0000.00
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