$1,350,000
Cocoa Beach, FL 32931
MLS# 874903
Status: Closed
4378 sqft
1 / 45
Property Description
How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and
Details
Maps
Location, Tax, and Legal
Tax Account: 2516548
Parcel Number: 25-37-10-Dc-00101.0-0013.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 5527.53
Tax Year: 2018
Tax Legal Description: COCOA BEACH, 2ND ADDN TO LOT 13 BLK 101
Directions: From A1A and 520 go South, building on the left right after the road splits
General Property Information
Number Of Units Total: 4
Living Area: 4378
Living Area Source: Other
Building Area Total: 4378
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 8
Parking Total: 8
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 331.2
Sold Price/SqFt: 308.36
Year Built: 1992
Remarks and Miscellaneous
Public Remarks: How would you like to own a slice of Thriving Downtown Cocoa Beach, Florida? Here is your opportunity! This is basically NEW CONSTRUCTION, effective age 2018, total area under air is 4378 S.F., 2 retail spaces on the 1st FLR and 2 fully furnished vacation rental apartments on the 2nd FLR. Make money why you enjoy the Florida lifestyle, located in Downtown Cocoa Beach and 1 block from the sandy beach, which is ideal for vacationers. Each tastefully decorated fully furnished apartment has; expansive balcony, 2 bedrooms, 2 full baths, open floor plan with kitchen, dining, living and laundry rooms and future bookings already in place. One unit even has a peek a boo view of the Atlantic Ocean. Adjacent City parking lot helps with overflow parking. With this building being totally renovated and
Appliances
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Address: TBD
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Concrete: 1
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 118446
Net Operating Income: 79451
Operating Expense: 38995
Owner Pays
Other: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Information
Public Historical Remarks 3: Site Location-Major Roadway: Y, Equipment/Appliances-Range: Y
Contract Information
Current Price: $1,350,000
Original List Price: 1500000
Sold Price: $1,350,000
Status: Closed
Listing Contract Date: 2020-05-08
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 157
Street Direction Prefix: N
Street Name: Orlando
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Cocoa Beach 2nd Addn To
Status Change Information
Major Change Timestamp: 2023-11-11T03:49:25Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-10-23T20:48:18Z
Status Change Timestamp: 2021-05-04
Purchase Contract Date: 2021-02-26
Close Date: 2021-05-04
Close Price: 1350000
Property Features
Appliances: Disposal; Dryer; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Financial Data Source: Owner
Flooring: Concrete; Tile
Laundry Features: Electric Dryer Hookup
Levels: Two
Listing Terms: Cash; Conventional
Owner Pays: Other
Parking Features: Other
Pool Features: None
Possession: Close Of Escrow; Subject To Tenant Rights
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Supplements
and
Listing Office: RE/MAX Aerospace Realty
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.