NOT LISTED FOR SALE

888 S Atlantic Ave Cocoa Beach, FL 32931

Cocoa Beach Neighborhood
-- Bed
2 Baths
5,972 Sq Ft
0.48 Acres

Last Sold July 21, 2017

Last sale price $740,000 $124 Per Sq Ft

276 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Central Air
  • Theodore Roosevelt Elementary School Rated 9+
  • Tile Flooring

About This Home

As of July 2017

Investment Opportunity - .48 acre income producing apartment units across from the ocean. 8 unit complex. This complex offers seven 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit with laundry facility. Some units feature updated kitchens. Courtyard offers a picnic seating area and fire pit. Plenty of open parking on East and West side. Minutes to shopping - cross street to public beach access!

Last Agent to Sell the Property

Nick Farinella

Coldwell Banker Realty License #536213 Listed on: 06/29/2017

Coldwell Banker Realty

Last Buyer's Agent

Nick Farinella

Coldwell Banker Realty License #536213 Listed on: 06/29/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Year Built

  • Built in 1963

Lot Details

  • 0.48 Acre Lot

Home Design

  • Shingle Roof
  • Wood Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,972 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

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 electricity, grounds care, insurance, repairs, taxes, trash collection
  • Assessor Parcel Number 25-37-23-Dg-00024.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Cleggmoor Subd Subdivision

Building Details

  • Operating Expense $19,575
  • Gross Income $3,000
  • Net Operating Income $61,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,800

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cleggmoor Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 25-37-23-Dg-00024.0-0007.00
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 6799.58
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 5972.0
  • General Property Information Building Area Total3: 5972.0
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Lot Size Square Feet2: 20909.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 150.0 ft x 140.0 ft
  • General Property Information Number Of Units Total2: 8.0
  • Gross Scheduled Income: 78300.0
  • Income And Expenses Operating Expense: 19575.0
  • Roof Wood3: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Other
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle, Wood
  • Acres: 0.48
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

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: 150.0 ft x 140.0 ft
  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2521825
  • Parcel #: 25-37-23-Dg-00024.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Grounds Care, Insurance, Repairs, Taxes, Trash Collection

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6799.58

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 3000.0
  • Annual Operating Expense: 19575.0
  • Income And Expenses Net Operating Income: 61725.0

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Range of Values:

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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
07/21/2017 07/21/17 Sold $740,000 -35.7% $124 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
08/19/2016 08/19/16 For Sale $1,150,000 -- $193 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Farinella

    Seller's Agent in 2017

    Nick Farinella

    Coldwell Banker Realty

    (321) 704-1600

    85 in this area

    312 Total Sales

    Nick Farinella
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Map

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

MLS Number: 762419

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-23-DG-00024.0-0007.00

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

888 S Atlantic Ave, Cocoa Beach, FL

This home is located at 888 S Atlantic Ave, Cocoa Beach, FL 32931 since 29 June 2017. This property was built in 1963. 888 S Atlantic Ave 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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