NOT LISTED FOR SALE
-- Bed
-- Bath
3,648 Sq Ft
0.36 Acres

Last Sold March 31, 2022

Last sale price $510,000 $140 Per Sq Ft

50 Days on Market

Highlights

  • River Front
  • The property is located in a historic district
  • Wood Flooring
  • Tropical Elementary School Rated 9+
  • 0.36 Acre Lot
  • No HOA

About This Home

As of March 2022

DIRECT INDIAN RIVER VIEW!
THIS PROPERTY IS WITHIN WALKING DISTANCE TO THE UP AND COMING COCOA VILLAGE AREA. NEW DECK, NEW ROOF AND CURRENTLY UPDATING THE ELECTRICITY AND PLUMBING!!
INVESTOR/DEVELOPER ALERT and a unique opportunity to own Multi Family Units; 4 Apartments in Main House and a Cabin Unit separate building to the south of the main house. Charming Home in highly desirable area. Walk to Historic Cocoa Village to shops, dining, and night life. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in place with good rental records. Earn Income while in development stages for site planning VERY MOTIVATED SELLER!! ALL REASONABLE OFFERS ACCEPTED!!!

Last Agent to Sell the Property

Chuck Alzamora

CBA Realty Group License #3019696 Listed on: 09/15/2021

Co-Listed By

Priscilla Hillman

CBA Realty Group License #3307039

Last Buyer's Agent

Silvia Mozer

RE/MAX Elite License #3078462

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,101

Year Built

  • Built in 1913

Lot Details

  • 0.36 Acre Lot
  • River Front

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Terrazzo

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Location

  • The property is located in a historic district

Schools

  • Tropical Elementary School
  • Mcnair Middle School
  • Rockledge High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, gas, grounds care, insurance, management, pest control, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 24-36-33-81-00000.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Derbys Addn To Cocoa Subdivision

Building Details

  • Operating Expense $12,976
  • Gross Income $39,300
  • Net Operating Income $26,324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,101

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1913
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: cbrg0
  • Co List Office Phone: 321-543-1097
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Derbys Addn To Cocoa
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • Location Tax and Legal Parcel Number2: 24-36-33-81-00000.0-0007.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: McNair
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 7101.0
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3648.0
  • General Property Information Building Area Total3: 3995.0
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15682.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Natural Gas Connected: Yes
  • Lot Features Historic Area: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Gross Scheduled Income: 39300.0
  • Income And Expenses Operating Expense: 12976.0
  • Utilities Electricity Available: Yes
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Utilities Separate Electric Meters: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Terrazzo, Wood
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.36
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Available, Separate Electric Meters
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: McNair

Lot Info

  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2426374
  • Parcel #: 24-36-33-81-00000.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Grounds Care, Insurance, Management, Pest Control, Repairs, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7101.0

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 12976.0
  • Income And Expenses Net Operating Income: 26324.0

MLS Schools

  • Elementary School: Tropical
  • High School: Rockledge

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
03/31/2022 03/31/22 Sold $510,000 -7.3% $140 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $549,900 -8.3% $151 / Sq Ft
09/15/2021 09/15/21 For Sale $599,900 +42.0% $164 / Sq Ft
06/08/2018 06/08/18 Sold $422,500 -8.0% $116 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $459,000 -22.9% $126 / Sq Ft
03/26/2018 03/26/18 For Sale $595,000 +40.8% $163 / Sq Ft
03/24/2018 03/24/18 Off Market $422,500 -- --
10/24/2017 10/24/17 For Sale $595,000 0.0% $163 / Sq Ft
09/15/2016 09/15/16 Rented $750 0.0% --
08/30/2016 08/30/16 Under Contract -- -- --
08/26/2016 08/26/16 Price Changed $750 -6.3% $1 / Sq Ft
08/19/2016 08/19/16 Price Changed $800 -3.0% $1 / Sq Ft
08/13/2016 08/13/16 For Rent $825 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 915827

Space Coast MLS (Space Coast Association of REALTORS®)