$1,200,000
Cocoa Beach, FL 32931
MLS# 936504
Status: Closed
3156 sqft
1 / 50
Property Description
PRIME LOCATION! Just 700 ft. from the ocean. This is an amazing income producing property. All 7 units fully furnished. Property consists of one 2 bedroom 1 bath unit with central A/C. One 1 bedroom 1 bath unit and 5 studio units. All units have full bath's and kitchen's. All units were remodeled. New Roof 2020! New Windows 2022! Hurricane Shutters 2019! Perfect for Airbnb, long-term leasing or a combination of the two. Property is located in Cottage Row, one of the city's Community Redevelopment Areas and is in walking distance to restaurants, downtown, the beach and a short commute to Patrick Air Force Base. Very sought after location. No sign on property please don't disturb tenants. This property wont last long...A must see!
Details
Maps
Location, Tax, and Legal
Tax Account: 2518146
Parcel Number: 25-37-15-Df-00037.0-0001.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 5548.78
Tax Year: 2021
Tax Legal Description: COCOA BEACH PLAT OF BLKS 37 & 28A LOT 1 BLK 37
Directions: 528 East toward Port Canaveral. Merge onto FL-A1A E via the exit on the left toward Cape Canaveral/Cocoa Beach. Property on the SW corner of S Orlando Ave. and 4th St.
General Property Information
Number Of Units Total: 7
Living Area: 3156
Living Area Source: Public Records
Building Area Total: 3156
Lot Size Acres: 0.26
Lot Size Square Feet: 11326
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Use Code: 08 / MULTIPLE LIVING
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 396.07
Sold Price/SqFt: 380.23
Year Built: 1961
Remarks and Miscellaneous
Public Remarks: PRIME LOCATION! Just 700 ft. from the ocean. This is an amazing income producing property. All 7 units fully furnished. Property consists of one 2 bedroom 1 bath unit with central A/C. One 1 bedroom 1 bath unit and 5 studio units. All units have full bath's and kitchen's. All units were remodeled. New Roof 2020! New Windows 2022! Hurricane Shutters 2019! Perfect for Airbnb, long-term leasing or a combination of the two. Property is located in Cottage Row, one of the city's Community Redevelopment Areas and is in walking distance to restaurants, downtown, the beach and a short commute to Patrick Air Force Base. Very sought after location. No sign on property please don't disturb tenants. This property wont last long...A must see!
Appliances
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Clear Choice Title - Katrina Bento
Closing Company Address: 2510 S Washington Ave., Ste. 120, Titusville, FL
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Flooring
Tile: 1
Vinyl: 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
Electricity: 1
Grounds Care: 1
Insurance: 1
Pest Control: 1
Sewer: 1
Taxes: 1
Water: 1
Other: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 1 Building
Contract Information
Current Price: $1,200,000
Original List Price: 1495000
Sold Price: $1,200,000
Status: Closed
Listing Contract Date: 2022-06-01
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 402
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: 2023-11-11T03:49:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-01-17T18:16:45Z
Status Change Timestamp: 2023-04-20
Purchase Contract Date: 2023-03-07
Close Date: 2023-04-20
Close Price: 1200000
Property Features
Appliances: Dryer; Electric Range; Refrigerator; Washer
Construction Materials: Block; Concrete
Cooling: Central Air; Wall/Window Unit(s)
Flooring: Tile; Vinyl
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot
Owner Pays: Common Area Maintenance; Electricity; Grounds Care; Insurance; Pest Control; Sewer; Taxes; Water; Other
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: Coldwell Banker Coast Realty
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.