NOT LISTED FOR SALE

701 S Orlando Ave Unit A,B,C Cocoa Beach, FL 32931

Cocoa Beach Neighborhood
-- Bed
-- Bath
1,941 Sq Ft
6,550 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $360,000 $185 Per Sq Ft

410 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air
  • Theodore Roosevelt Elementary School Rated 9+
  • 1-Story Property

About This Home

As of October 2018

TRIPLEX INCOME OPPORTUNITY + BEAUTIFUL BEACH = CASH FLOW TIMES 3

WANT TO HAVE MORE INCOME? Unlimited possibilities for New Owner.
Apt B $895 per month.
Apt C $795 per month.
Apt A rent range $1095-1295

Across the Street from the Beach PRIME LOCATION. Approx 600 ft to Ocean for Beach Therapy!

6 Minutes to Patrick AFB where rental properties are Desirable.

Neutral Colors Throughout has been remodeled & updated.

NO HIGH CONDO Homeowner's Association (HOA's) dues here! More CASH FLOW in your wallet!

All Utilities paid for by Residents. Separate Water/Electric Meters.

Owner of this Triplex has an active FL & NC Real Estate Broker License.

Supply & Demand Principle in effect RARE INVESTMENT OPPORTUNITY in Popular Cocoa Beach! Owner Of Triplex is also Owner/Broker/Realtor of Ocean Walk Realty, LLC. '||chr(10)||'

Last Agent to Sell the Property

Theresa Shoemaker

Ocean Walk Realty LLC License #3035009 Listed on: 09/06/2017

Last Buyer's Agent

Theresa Shoemaker

Ocean Walk Realty LLC License #3035009 Listed on: 09/06/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1956

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 50 x 131

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,941 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 25 3714-50-25.A-1

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,817
  • Gross Income $35,820
  • Net Operating Income $31,003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,280

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 35820.0
  • Income And Expenses Operating Expense: 4817.1
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 9.0
  • General Property Information:Open Parking Spaces2: 9.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • 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 Dimensions: 50 X 131
  • Lot Size Sq Ft: 6550.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2518040
  • Parcel #: 25 3714-50-25.A-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3280.01

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4817.1
  • Income And Expenses Net Operating Income: 31002.9

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $360,000 -4.0% $185 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $375,000 +4.2% $193 / Sq Ft
02/09/2018 02/09/18 Off Market $360,000 -- --
08/06/2017 08/06/17 For Sale $425,000 -- $219 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Theresa Shoemaker

    Ocean Walk Realty LLC

  • R

    Buyer Co-Listing Agent in 2018

    Robyn R.B. Buckingham

    321 Realty, LLC

    (321) 693-7134

    6 Total Sales

    Robyn R.B. Buckingham
    Section Image

  • R

    Buyer Co-Listing Agent in 2018

    Robyn Buckingham

    RISE Realty Services

See All Agents

Map

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

MLS Number: 790921

Space Coast MLS (Space Coast Association of REALTORS®)

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

701 S Orlando Ave Unit A,B,C, Cocoa Beach, FL

This home is located at 701 S Orlando Ave Unit A,B,C, Cocoa Beach, FL 32931 since 06 September 2017. This property was built in 1956. 701 S Orlando Ave Unit A,B,C is a home located in Brevard County with nearby schools including Theodore Roosevelt Elementary School, Cocoa Beach Junior/Senior High School, and Cocoa Beach Christian School.

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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