$1,590,000
$259K PRICE DROP

Estimated payment $9,476/month

Total Views 7,033
5 Beds
4 Baths
2,919 Sq Ft
$545 Price per Sq Ft

Highlights

  • Docks
  • Home fronts a seawall
  • In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • River Access
  • Canal View

About This Home

New construction 2022, gutted to the studs, new plumbing, new electric, new walls, headers, beams, spray foam insulation, impact windows and sliders, see feature sheet, essentially 2 homes on separate electric meters. Consider it as a 5 bedroom home or two homes. Downstairs 3 bedrooms, 3 baths and Upstairs 2 bedrooms, 1 bath. Whatever you decided to use this property for you will not be disappointed. It would serve beautifully as a family home with extra income from the upstairs apartment, adult children still living at home, a second home, or Airbnb. A fabulous location, only 6 blocks to the beach and next door to a riverfront park for added unobstructed views of the river and islands! Currently being used as an Airbnb! The walkability to downtown Cocoa Beach with shopping, restaurants, stores, library, post office, etc. makes it more desirable. Quiet and tucked away yet so close to all that Cocoa Beach has to offer! Boaters Dream: Deep water and easy access to the open river!! 492 Dempsey Drive's main home is a two-year-old home as of 2022! The concrete walls were left up and the roof was left on as the work began! The first floor of this beautiful home was completely gutted, reframed, rebuilt to code by a local reputable General Contractor. New beams and headers were added in the main living room, garage and Florida room. The Florida room exterior walls were taken down and replaced. The entire home has impact windows and sliders. The garage door is a hurricane rated door. The bathroom walls were insulated with Fi-Foil for sound and the roof of the first floor was insulated with Icynene foam. The cast iron plumbing was removed and re-piped throughout the home. The old electrical was completely removed and all new electrical was installed. The HVAC was replaced, and all new duct work was installed. The Florida room/ family room features a wood burning fireplace and a separate Mini-Split Air Conditioning. The Kitchen is designed beautifully with quartz countertop, stainless steel appliances and beautiful cabinets. The exterior was stucco and painted. Everything mentioned in this paragraph took place and was replaced new in 2022.
The apartment upstairs was completely remodeled in 2016, and a new 600 square foot deck was installed 2021! The deck is a fabulous place to take in the beautiful sunsets over the park, river and islands. The HVAC and duct work replaced 2023, all new stainless-steel appliances with gas stove 2020, beautiful cabinets and well-designed bathroom.

Listing Agent

Pamela Durkin

Coconut Properties Fl Real Est License #678538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,414

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Wood Fence
  • Chain Link Fence
  • Back Yard Fenced
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Property Views

  • Canal
  • Pool

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,919 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • High Impact Windows

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in multiple locations
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • River Access
  • No Fixed Bridges
  • Docks
  • Shed

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Convair Cove Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 25-37-10-75-00000.0-0075.00
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,414

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Multiple Locations, In Garage
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Dead End Street, Few Trees
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: Canal, Pool, Water
  • Water Body Name: Canal Navigational to Banana River
  • ResoSpecialListingConditions: Corporate Owned, Standard
  • Subdivision Name: Convair Cove
  • Carport Y N: No
  • Entry Level: 12
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • ViewCanal: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Dock, Impact Windows
  • Pool Features: In Ground
  • Roof: Metal
  • Fencing: Back Yard, Chain Link, Fenced, Wood
  • Acres: 0.26
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access, Seawall, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:Seawall: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:Canal Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Split System
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters
  • 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: Hotel/Motel, Investment, Mixed Use, Multi-Family, Residential
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517043
  • Parcel #: 25-37-10-75-00000.0-0075.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7413.99

Multi Family

  • Number Of Units Total: 2

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
03/14/2025 03/14/25 Price Changed $1,590,000 0.0% $545 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,590,000 -4.2% $545 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,660,000 0.0% $569 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,660,000 -0.6% $569 / Sq Ft
02/01/2025 02/01/25 For Sale $1,670,000 0.0% $572 / Sq Ft
01/31/2025 01/31/25 Off Market $1,670,000 -- --
01/21/2025 01/21/25 For Sale $1,670,000 0.0% $572 / Sq Ft
01/07/2025 01/07/25 Off Market $1,670,000 -- --
12/06/2024 12/06/24 Price Changed $1,670,000 0.0% $572 / Sq Ft
11/25/2024 11/25/24 Price Changed $1,670,000 -4.5% $572 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,749,000 0.0% $599 / Sq Ft
09/17/2024 09/17/24 For Sale $1,749,000 0.0% $599 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,749,000 0.0% $599 / Sq Ft
09/17/2024 09/17/24 For Sale $1,749,000 -5.4% $599 / Sq Ft
09/06/2024 09/06/24 Off Market $1,849,000 -- --
09/06/2024 09/06/24 Off Market $1,849,000 -- --
08/21/2024 08/21/24 For Sale $1,849,000 0.0% $633 / Sq Ft
08/20/2024 08/20/24 Price Changed $1,849,000 +2.7% $633 / Sq Ft
08/20/2024 08/20/24 For Sale $1,800,000 +313.8% $617 / Sq Ft
09/04/2020 09/04/20 Sold $435,000 -23.7% $188 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $569,900 +98.8% $246 / Sq Ft
07/11/2014 07/11/14 Sold $286,650 +7.0% $124 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $268,000 -- $116 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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

MLS Number: 1022812

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-75-00000.0-0075.00