402 S Orlando Avenue, Cocoa Beach, FL 32931
$1,200,000
Property Type:
Residential Income
Square Footage:
3,156
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$1,200,000
List Date:
3/06/2023
Last Modified:
10/23/2024
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!
More Information MLS# 936504
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.