1473 S Atlantic Avenue, Cocoa Beach, FL 32931
$1,600,000
Property Type:
Residential Income
Square Footage:
4,320
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$1,600,000
List Date:
1/09/2018
Last Modified:
10/23/2024
Overview
Description
Supplements:
Listing Details MLS# 802044
General Property Information
- Number Of Units Total
- 8
- Living Area
- 3928
- Living Area Source
- Other
- Building Area Total
- 4320
- Year Built
- 1961
- Garage YN
- No
- Carport YN
- Yes
- Carport Spaces
- 2
- Open Parking Spaces
- 10
- Parking Total
- 12
- Lot Size Acres
- 0.29
- Lot Size Square Feet
- 12632
- Lot Size Dimensions
- 50x250
- Association YN
- No
- Use Code
- 08/MULTI-FAMILY
- Water Body Access YN
- No
- Waterfront YN
- Yes
- Pool Private YN
- No
- List Price/SqFt
- 420.06
- Sold Price/SqFt
- 407.33
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Microwave; Washer
Construction Materials:
Block; Concrete; Stucco
Cooling:
Central Air; Wall/Window Unit(s)
Flooring:
Carpet; Laminate; Tile
Laundry Features:
Electric Dryer Hookup
Levels:
Two
Listing Terms:
Cash; Conventional; Private Financing Available
Owner Pays:
Cable TV; Electricity; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features:
Carport
Pool Features:
None
Possession:
Close Of Escrow
Roof:
Concrete; Membrane; Shingle; Wood
Special Listing Conditions:
Standard
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Separate Electric Meters; Separate Gas Meters; Separate Water Meters; Water Available
Water Source:
Public
Waterfront Features:
Ocean Front
Showing Requirements:
Appointment Only
Contract Information
- Original List Price
- 1750000
- Listing Contract Date
- 2018-01-09
- Property Sub Type
- Duplex
Location Tax and Legal
- Street Number
- 1473
- Street Direction Prefix
- S
- Street Name
- Atlantic
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32931
- MLS Area Major
- 272 - Cocoa Beach
Remarks and Miscellaneous
- Public Remarks
- Coco Sands Cottages is an ocean front complex in South Cocoa Beach that consists of three buildings, currently operating as a combined long-term multifamily income property, and a short-term vacation rental. However, current zoning would allow a change in use to 100% vacation rental, which would dramatically increase the income. Offering includes a completely remodeled and impeccably maintained 3/3 oceanfront vacation rental, plus 6 long-term rentals. Oceanfront home can be rented simultaneously as a 2/2 with a full kitchen, and a 1/1 with a kitchenette. Some recent updates include granite countertops, new appliances, gas stove, and oversized high impact glass windows overlooking the Ocean. Over 1000 square foot patio and deck. See pro forma with financial details in attachments.
Status Change Information
- Major Change Timestamp
- 2023-11-11T03:44:51Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2018-04-16T17:02:05Z
- Status Change Timestamp
- 2018-07-21
- Purchase Contract Date
- 2018-06-03
- Close Date
- 2018-07-19
- Close Price
- 1600000
More Information
Income and Expenses
- Gross Scheduled Income
- 102000
- Net Operating Income
- 30000
- Operating Expense
- 72000
Historical Information
- Public Historical Remarks 3
- Site Location-Major Roadway: Y, Possible Financing-Contract for Deed: Y, Expenses Include-Supplies: Y, Expenses Include-License Permits: Y, Expenses Include-Advertising: Y, Parking-> 1 Space Per Unit: Y, Equipment/Appliances-Range: Y, Number of Buildings: 3 Buildings
Listing Office:
Housing Market LLC
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.