Seller's Agent in 2025
Nick Farinella
Coldwell Banker Realty
(321) 704-1600
83 in this area
309 Total Sales
701 S Orlando Ave Cocoa Beach, FL 32931
Cocoa Beach Neighborhood
--
Bed
--
Bath
1,883
Sq Ft
6,970
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Central Air
- Theodore Roosevelt Elementary School Rated 9+
- 1-Story Property
About This Home
As of November 2021Great investment opportunity! Close to the beach! 3 awesome units with updates through out! Unit A has 2 bdrm/1 bath with granite counters, stainless steel appliances in Kitchen and great patio! Unit B and C also have tile flooring, updated bathrooms, kitchen w/stainless steel appliances, patios. Plenty of parking in front of units. Great AirBNB units! Jan thru May $35,000, June thru Dec $58,000 Total $93000 = 11 percent cap rate!
Last Agent to Sell the Property
Coldwell Banker Realty License #536213 Listed on: 07/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,449
Year Built
- Built in 1956
Parking
- 68 Open Parking Spaces
Home Design
- Triplex
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,883 Sq Ft Home
- 1-Story Property
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Schools
- Roosevelt Elementary School
- Cocoa Beach Middle School
- Cocoa Beach High School
Additional Features
- 6,970 Sq Ft Lot
- Central Air
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- The owner pays for management, pest control, sewer, taxes
- Assessor Parcel Number 25-37-14-50-00025.A-0001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2021
Closed on
Nov 19, 2021
Sold by
Crane Richard and Shakespeare Willow
Bought by
Sutherland Michael and Sutherland Kimberly
Seller's Agent
Nick Farinella
Coldwell Banker Realty
Buyer's Agent
Nick Farinella
Coldwell Banker Realty
List Price
$869,900
Sold Price
$675,000
Premium/Discount to List
-$194,900
-22.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$483,750
Outstanding Balance
$315,159
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$605,771
Purchase Details
Closed on
Apr 28, 2021
Sold by
Adc Asset Holdings Llc
Bought by
Crane Richard and Shakespeare Willow
Purchase Details
Closed on
Sep 26, 2020
Sold by
Crane Richard
Bought by
Crane Richard and Shakespeare Willow L
Purchase Details
Closed on
Sep 13, 2019
Sold by
Crane Richard
Bought by
Adc Asset Holdings Llc
Purchase Details
Closed on
Oct 24, 2018
Sold by
Shoemaker John and Shoemaker Theresa
Bought by
Crane Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 3, 2005
Sold by
Shoemaker John V
Bought by
Shoemaker John and Shoemaker Theresa M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $360,000 | Attorney | |
| Interfamily Deed Transfer | $30,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $483,750 | Commercial | |
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $899,000 | -5.3% | $477 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $949,000 | 0.0% | $504 / Sq Ft |
| 08/07/2025 08/07/25 | Off Market | $949,000 | -- | -- |
| 08/06/2025 08/06/25 | For Sale | $949,000 | +40.6% | $504 / Sq Ft |
| 11/19/2021 11/19/21 | Sold | $675,000 | -22.4% | $358 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $869,900 | -- | $462 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $9,241 | $568,800 | -- | -- |
| 2024 | $8,444 | $568,800 | -- | -- |
| 2023 | $8,444 | $504,000 | $190,000 | $314,000 |
| 2022 | $9,592 | $596,250 | $0 | $0 |
| 2021 | $5,931 | $353,230 | $190,000 | $163,230 |
| 2020 | $5,449 | $321,120 | $159,500 | $161,620 |
| 2019 | $5,069 | $291,920 | $145,000 | $146,920 |
| 2015 | $2,890 | $149,600 | $100,000 | $49,600 |
| 2014 | $2,660 | $136,000 | $80,000 | $56,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Farinella
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 910944
APN: 25-37-14-50-00025.A-0001.00
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