$940,000
Cocoa Beach, FL 32931
MLS# 773294
Status: Closed
3624 sqft
1 / 31
Property Description
This is an excellent investment opportunity! Direct ocean with private beach access. This property consists of 4 units, approximately 900 SF each. Unit 433 is direct ocean and is currently being rented seasonally for $3000 per mth. Unit has been upgraded w/tile in living areas and laminate in bedrooms, granite breakfast bar & decorative lighting. Covered patio, french doors & outside shower. Each unit has a 1 car garage and 423,425 & 431 are rented long term. Tenants pay all utilities. Large center yard shared by units. White picket fencing. 423 has private front yard. Corner lot. Perfect Florida living! Rent all units or rent out and live on the ocean!
Details
Maps
Location, Tax, and Legal
Tax Account: 2435876
Parcel Number: 24-37-26-Cg-00101.0-0011.00
General County Location: Central
Elementary School: Cape View
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 7399.01
Tax Year: 2016
Tax Legal Description: AVON BY THE SEA LOT 11 & LAND E TO OCEAN BLK 101 EX W 13 FT, ORB 5686 PG 6485
Directions: From east 520, north on A1A to east on Wilson Av., (smokehouse bbq on corner)
General Property Information
Number Of Units Total: 4
Living Area: 3312
Living Area Source: Public Records
Building Area Total: 3624
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Association YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Parking Total: 8
Water Frontage Feet: 4
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 300.42
Sold Price/SqFt: 283.82
Year Built: 1959
Remarks and Miscellaneous
Public Remarks: This is an excellent investment opportunity! Direct ocean with private beach access. This property consists of 4 units, approximately 900 SF each. Unit 433 is direct ocean and is currently being rented seasonally for $3000 per mth. Unit has been upgraded w/tile in living areas and laminate in bedrooms, granite breakfast bar & decorative lighting. Covered patio, french doors & outside shower. Each unit has a 1 car garage and 423,425 & 431 are rented long term. Tenants pay all utilities. Large center yard shared by units. White picket fencing. 423 has private front yard. Corner lot. Perfect Florida living! Rent all units or rent out and live on the ocean!
Appliances
Dishwasher: 1
Dryer: 1
Ice Maker: 1
Microwave: 1
Washer: 1
Closing Company Details
Closing Company Name: David Dyer, PA
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Flooring
Laminate: 1
Terrazzo: 1
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Dead End Street: 1
Parking Features
Attached: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 10000
Gross Scheduled Income: 65000
Net Operating Income: 55000
Operating Expense: 10000
Owner Pays
Insurance: 1
Management: 1
Taxes: 1
Trash Collection: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Roof-Rolled Comp: Y, Equipment/Appliances-Range: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $940,000
Original List Price: 1059000
Sold Price: $940,000
Status: Closed
Listing Contract Date: 2017-01-16
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 423
Street Name: Wilson
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2023-11-11T03:44:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-03-04T15:24:36Z
Status Change Timestamp: 2017-08-23
Purchase Contract Date: 2017-08-02
Close Date: 2017-08-23
Close Price: 940000
Property Features
Appliances: Dishwasher; Dryer; Ice Maker; Microwave; Washer
Construction Materials: Block; Concrete
Cooling: Central Air
Financial Data Source: Owner
Flooring: Laminate; Terrazzo; Tile
Laundry Features: Electric Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional; Private Financing Available
Lot Features: Corner Lot; Dead End Street
Owner Pays: Insurance; Management; Taxes; Trash Collection
Parking Features: Attached
Pool Features: None
Possession: Close Of Escrow
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Available
Water Source: Public
Waterfront Features: Ocean Front
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Coldwell Banker Realty
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.