494 S Atlantic Avenue, Cocoa Beach, FL 32931
$3,030,000
Property Type:
Residential Income
Square Footage:
32,208
Lot Size (sq. ft.):
44,867
Status:
Closed
Current Price:
$3,030,000
List Date:
8/31/2017
Last Modified:
10/23/2024
Description
36 unit apartment complex. 8 carports and many storages for additional income.
Fantastic location, close to the beach and downtown.27 one bedroom and 9 two bedroom units.
Possible owner financing with at least 40% down.
More Information MLS# 790530
Location, Tax, and Legal
Tax Account: 2517961
Parcel Number: 25-37-14-Dd-00028.0-0007.00
General County Location: Central
Elementary School: Roosevelt
Middle School: Cocoa Beach
High School: Cocoa Beach
Tax Annual Amount: 20801.8
Tax Year: 2016
Tax Legal Description: COCOA BEACH LOTS 7 TO 12 BLK 28
Directions: Corner of A1A and 5th Street South
General Property Information
Number Of Units Total: 36
Living Area: 27504
Living Area Source: Measured
Building Area Total: 32208
Lot Size Acres: 1.03
Lot Size Square Feet: 44867
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 123.62
Sold Price/SqFt: 110.17
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: 36 unit apartment complex. 8 carports and many storages for additional income.
Fantastic location, close to the beach and downtown.27 one bedroom and 9 two bedroom units.
Possible owner financing with at least 40% down.
Appliances
Electric Range: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: A1A Beachside Title
Closing Company Address: 1980 N. Atlantic Ave. Cocoa Beach
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Flooring
Laminate: 1
Tile: 1
Vinyl: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
None: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 0
Net Operating Income: 0
Operating Expense: 0
Owner Pays
Electricity: 1
Gas: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
No Sign: 1
Historical Information
Public Historical Remarks 3: Expenses Include-License Permits: Y, Expenses Include-Legal/Accounting: Y, Expenses Include-Advertising: Y
Contract Information
Current Price: $3,030,000
Original List Price: 37000000
Sold Price: $3,030,000
Status: Closed
Listing Contract Date: 2017-08-02
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 494
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Status Change Information
Major Change Timestamp: 2023-11-11T03:45:02Z
Major Change Type: Price Reduced
Price Change Timestamp: 2018-05-22T16:55:19Z
Status Change Timestamp: 2019-06-11
Purchase Contract Date: 2019-01-08
Close Date: 2019-05-31
Close Price: 3030000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete; Stucco
Flooring: Laminate; Tile; Vinyl
Levels: Two
Listing Terms: Cash; Conventional
Owner Pays: Electricity; Gas; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water
Pool Features: None
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Water Available
Water Source: Public
Showing Requirements: Appointment Only; No Sign
Listing Office:
All Real Estate, Inc.
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.