$1,500,000
Cocoa Beach, FL 32931
MLS# 916233
Status: Closed
3704 sqft
1 / 11
Property Description
LOCATION! LOCATION! LOCATION! Don't miss this AMAZING investment property 2 blocks off the ocean in coveted Cocoa Beach! Meticulously maintained with 2 buildings, each with 3 units, on this unique parcel. Each building has 1 studio, 1 one bedroom and 1 two bedroom unit. Perfect for Air BnB or long term rentals or BOTH! All units are light, bright and spacious! New roofs in 2016! Newer AC units! Tankless H20 heaters, updated kitchens, flooring and stackable washer/dryer in each unit, with new gutters on the way! Plenty of room for building ''up'', building townhomes or adding common pool/bbq/cabana area to the existing design. Corner property makes parking a breeze! Walking distance to downtown and beaches makes this location PRIME for current and future tenants!
Details
Maps
Location, Tax, and Legal
Tax Account: 2518120
Parcel Number: 25-37-15-Dd-00036.0-0001.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 7545.57
Tax Year: 2019
Tax Legal Description: COCOA BEACH LOTS 1 & N 2 FT OF LOT 2, BLK 36
Directions: Corner of 3rd st and South Orlando Ave.
General Property Information
Number Of Units Total: 6
Living Area: 3416
Living Area Source: Public Records
Building Area Total: 3704
Lot Size Acres: 0.36
Lot Size Square Feet: 7841
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Use Code: 08 / TRIPLEX
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 497.37
Sold Price/SqFt: 439.11
Year Built: 1969
Remarks and Miscellaneous
Public Remarks: LOCATION! LOCATION! LOCATION! Don't miss this AMAZING investment property 2 blocks off the ocean in coveted Cocoa Beach! Meticulously maintained with 2 buildings, each with 3 units, on this unique parcel. Each building has 1 studio, 1 one bedroom and 1 two bedroom unit. Perfect for Air BnB or long term rentals or BOTH! All units are light, bright and spacious! New roofs in 2016! Newer AC units! Tankless H20 heaters, updated kitchens, flooring and stackable washer/dryer in each unit, with new gutters on the way! Plenty of room for building ''up'', building townhomes or adding common pool/bbq/cabana area to the existing design. Corner property makes parking a breeze! Walking distance to downtown and beaches makes this location PRIME for current and future tenants!
Appliances
Electric Range: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: 50 N Grove St
Merritt Island, FL 32953
Closing Company Address: Dawson Law - 321-986-8949
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Cooling
Electric: 1
Flooring
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Common Area Maintenance: 1
Grounds Care: 1
Insurance: 1
Sewer: 1
Water: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity 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: Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $1,500,000
Original List Price: 1699000
Sold Price: $1,500,000
Status: Closed
Listing Contract Date: 2021-09-20
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 300
Street Direction Prefix: S
Street Name: Orlando
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2022-03-30T18:38:37Z
Major Change Type: Status Change
Status Change Timestamp: 2022-03-30
Purchase Contract Date: 2022-01-28
Close Date: 2022-03-29
Close Price: 1500000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Brick; Concrete
Cooling: Electric
Flooring: Tile
Laundry Features: Electric Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Owner Pays: Common Area Maintenance; Grounds Care; Insurance; Sewer; Water
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Electricity Connected; Sewer Connected; Water Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Keller Williams Realty Brevard
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.