$1,499,000
↓ $36K (2.3%)
●
House -
For Sale
1001 N Indian River Drive
Cocoa, FL 32922
3 Beds
3 Baths
3,312 Ft²
$8,097
Est. Monthly
About This Property
From the street, this residence presents as a modest riverside
cottage. Step inside to discover an astonishing and grand, 3,312SF
open-concept home, thoughtfully remodeled with exceptional
craftsmanship and attention to detail throughout. At the heart of
the home is a sprawling kitchen featuring custom cabinetry, rare
black Marinace granite, designer Miele appliances, dual convection
ovens, a steam oven, built-in coffee/espresso, and a plate warmer.
Rich Brazilian cherry flooring and imported Vermont slate add
warmth, character, and sophistication to the living spaces.
Expansive Andersen windows and doors flood the home with natural
light while framing breathtaking views of the Indian River and the
park-like, wooded backyard. A detached screened saltwater pool
retreat features gas heat, a spa, waterfall feature, and a spacious
poolside gathering area. The home has beautiful shade trees, a
meandering path leading to a sitting area at the water's edge. Dock
& garage plans are available.
Unit Size
3,312 Ft²
Days on Market
126 days
Land Size
0.68 acres
Price per sqft
$453
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 20 days ago (Space Coast MLS #1080323)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Price Decreased |
$1,499,000
↓ $36K
(2.4%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$1,535,000
↓ $40K
(2.5%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by Atlantic Group Real Estate | $1,575,000 | |
| Listed by Atlantic Group Real Estate | |||
Property Highlights
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Parking Features: Additional Parking, Gated
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Smart Thermostat, Vaulted Ceiling(s), Wet Bar
Appliances: Convection Oven, Dishwasher, Double Oven, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Flooring Type: Stone, Wood
Laundry Features: Lower Level, Sink
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 3312
Square Footage Source: $0
Security Features: Security Lights
Property Condition: Updated/Remodeled
Architectural Style: Contemporary, Mid-Century Modern
Year Built: 1952
Waterfront Features: River Front
Waterbody Name: Indian River
Levels: One
Construction Materials: Block
Patio and Porch Features: Screened
Pool Features: Gas Heat, In Ground, Salt Water, Waterfall
Pool is Private
Lot Features: Many Trees
Lot Size Area: 0.68
Lot Size Units: Acres
Lot Size Acres: 0.68
Lot Size Square Feet: 29621
Water Source: Public
Financial Details
Tax Annual Amount: $8,829
Utilities Details
Cooling Type: Attic Fan, Central Air, Electric
Heating Type: Other
Sewer : Septic Tank
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Crestview
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Listed by: Jon Scott Santy, Atlantic Group Real Estate
Last Updated: 20 days ago
Data Source: Space Coast MLS, MLS# 1080323
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 20 days ago
Data Source: Space Coast MLS, MLS# 1080323
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