$490,000
SOLD MAR 21, 2025

242 N Atlantic Ave Cocoa Beach, FL 32931

Cocoa Beach Neighborhood
4 Beds
2 Baths
1,325 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$370 Per Sq Ft

18% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • East Facing Home
  • Theodore Roosevelt Elementary School Rated 9+
  • Central Heating and Cooling System
  • Privacy Fence

About This Home

As of March 2025

Opportunity knocks! Buy a duplex in the heart of Cocoa Beach across from the ocean! Located within the highly desirable TC zoning district. Maximum flexibility for future land use. Collect the rents now and bank the land! Adjacent property at 250 N Atlantic Ave is also available. Combine the parcels for highest and best use!

Last Agent to Sell the Property

Steve Harrington

Florida Property Center License #3076631

Last Buyer's Agent

Ben Glover

Glover Properties License #3348997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1948

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a state road
  • East Facing Home
  • Privacy Fence
  • Wood Fence

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • The owner pays for management
  • Assessor Parcel Number 25-37-11-Ll-00102.0-0006.00
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cocoa Beach 2Nd Addn To Amended Subdivision

Building Details

  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,486

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Other
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach 2nd Addn To Amended
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: 100 Amp Service, 200+ Amp Service
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Other
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Privacy, Wood
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Unassigned
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 2.0
  • Parking Features:Unassigned: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517709
  • Parcel #: 25-37-11-Ll-00102.0-0006.00
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Owner Pays: Management

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5486.47

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37200.0

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Map

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
03/21/2025 03/21/25 Sold $490,000 -18.3% $370 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $600,000 +281.0% $453 / Sq Ft
07/10/2014 07/10/14 Sold $157,500 +26.0% $119 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $125,000 -- $94 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2023 $4,928 $345,600 $0 $0
2022 $4,063 $275,400 $0 $0
2021 $3,612 $214,520 $190,000 $24,520
2020 $3,319 $195,020 $145,000 $50,020
2019 $3,089 $177,300 $145,000 $32,300
2018 $2,931 $165,000 $0 $165,000
2017 $2,860 $156,000 $0 $156,000
2016 $2,666 $142,000 $0 $0
2015 $2,498 $132,000 $74,520 $57,480
2014 $2,255 $117,000 $74,520 $42,480
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,500 New Conventional
Previous Owner $437,500 New Conventional
Previous Owner $110,600 No Value Available
Previous Owner $229,500 No Value Available
Previous Owner $204,000 No Value Available
Previous Owner $133,624 No Value Available
Previous Owner $127,500 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $490,000 International Title & Escrow
Warranty Deed $157,500 Atlantic Coastal Land Title
Warranty Deed $125,000 --
Source: Public Records

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

MLS Number: 1035136

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-11-LL-00102.0-0006.00

Florida Brevard County Cocoa Beach 32931 Cocoa Beach

242 N Atlantic Ave, Cocoa Beach, FL

Homes for Sale in Cocoa Beach, FL

This home is located at 242 N Atlantic Ave, Cocoa Beach, FL 32931 and is currently priced at $490,000, approximately $369 per square foot. This property was built in 1948. 242 N 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.