$422,500
SOLD JUN 8, 2018

209 Riverside Dr Cocoa, FL 32922

Historic Cocoa Village Neighborhood
-- Bed
-- Bath
3,648 Sq Ft
0.36 Acres

Recently Sold

$116 Per Sq Ft

29% Below List Price

199 Days on Market

Highlights

  • River Front
  • 0.36 Acre Lot
  • No HOA
  • Tropical Elementary School Rated 9+
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2022

INVESTOR/DEVELOPER ALERT!
Indian River View and Unique opportunity to own Multi Family Units; 4 Apartments in Main House and Cabin Unit Separate building. Charming Home in highly desirable area. Live in home and havve an income! Possiblities waiting for Investor. Walk to shops, dining , river walk in Historic Cocoa Village. Increased Rent Potential.

Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River .

Stable Tenants in Place with long term history. Earn Income while in development stages for site planning and PPM.

New Partial Roof .

Possible short term owner Financing Available for Qualified Buyer.
See Agent Remarks.

DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Francesca DiPasquale

C. Apollo Realty Inc License #3297191 Listed on: 03/26/2018

Last Buyer's Agent

Chuck Alzamora

CBA Realty Group License #3019696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,264

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

Flooring

  • Wood
  • Terrazzo

Parking

  • 1 Open Parking Space
  • 6 Parking Spaces

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • 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 $10,600
  • Gross Income $34,200
  • Net Operating Income $23,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,264

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1913
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Third Party Approval, Standard
  • Subdivision Name: Derbys Addn To Cocoa
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 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: 4264.25
  • Location Tax and Legal Tax Year2: 2016
  • 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
  • Roof:Shingle: Yes
  • Levels Two: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 5.0
  • Gross Scheduled Income: 34200.0
  • Income And Expenses Operating Expense: 10600.0
  • Cooling WallWindow Unit(s): Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo, Wood
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

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

  • Attached Garage: No
  • Parking Features: Other
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Sewer Connected
  • Cooling Y N: Yes

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: 2016
  • Tax Annual Amount: 4264.25

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 10600.0
  • Income And Expenses Net Operating Income: 23600.0

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

  • Chuck Alzamora

    Seller's Agent in 2022

    Chuck Alzamora

    CBA Realty Group

    (321) 543-1097

    1 in this area

    67 Total Sales

    Chuck Alzamora
    Section Image
  • Priscilla Hillman

    Seller Co-Listing Agent in 2022

    Priscilla Hillman

    CBA Realty Group

    (321) 543-3709

    1 in this area

    43 Total Sales

    Priscilla Hillman
    Section Image
  • Silvia Mozer

    Buyer's Agent in 2022

    Silvia Mozer

    RE/MAX

    (321) 720-2038

    4 in this area

    349 Total Sales

    Silvia Mozer
    Section Image
  • Francesca DiPasquale

    Seller's Agent in 2018

    Francesca DiPasquale

    C. Apollo Realty Inc

    (321) 427-5644

    51 Total Sales

    Francesca DiPasquale
    Section Image
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Map

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

MLS Number: 796516

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Cocoa 32922 Historic Cocoa Village

209 Riverside Dr, Cocoa, FL

This home is located at 209 Riverside Dr, Cocoa, FL 32922 and is currently priced at $422,500, approximately $115 per square foot. This property was built in 1913. 209 Riverside Dr is a home located in Brevard County with nearby schools including Tropical Elementary School, Ronald McNair Magnet Middle School, and Rockledge Senior High 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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