423 Wilson Avenue, Cocoa Beach, FL 32931

$940,000

Property Type: Residential Income Square Footage: 3,624 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $940,000 List Date: 1/17/2017 Last Modified: 10/23/2024

Overview

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!

Listing Details MLS# 773294

General Property Information

Number Of Units Total: 4
Living Area: 3312
Living Area Source: Public Records
Building Area Total: 3624
Year Built: 1959
Garage YN: Yes
Garage Spaces: Yes
Parking Total: 8
Lot Size Acres: 0.2
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Frontage Feet: 4
Pool Private YN: No
List Price/SqFt: 300.42
Sold Price/SqFt: 283.82
Lot Size Square Feet: 8712
Carport YN: No

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

Contract Information

OriginalListPrice: 1059000
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

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!

Status Change Information

Major Change Timestamp: 2023-11-11T03:44:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-03-04T15:24:36Z
StatusChangeDate: 2017-08-23
Purchase Contract Date: 2017-08-02
Close Date: 2017-08-23
Close Price: 940000

More Information

Closing Company Details

Closing Company Name: David Dyer, PA

Income and Expenses

Gross Income: 10000
Gross Scheduled Income: 65000
Net Operating Income: 55000
Operating Expense: 10000

Historical Information

Public Historical Remarks 3: Roof-Rolled Comp: Y, Equipment/Appliances-Range: Y, Number of Buildings: 2 Buildings

Location, Tax, and Legal

Tax Account: 2435876
Directions: From east 520, north on A1A to east on Wilson Av., (smokehouse bbq on corner)

Listing Office: Coldwell Banker Realty

Last Updated: October - 23 - 2024

Information is deemed to be reliable, but is not guaranteed.