See Home Value
$550,000
● House - Off Market

119 Surf Drive

Cocoa Beach, FL 32931
bedrooms
7 Beds
bathrooms
4 Baths
square feet
2,989 Ft²
$3,317
Est. Monthly
20.26%
Cap Rate

About This Property

This multi-family property in Downtown Cocoa Beach is all about location. It is just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants. This property is zoned RM2A and can build up to 44 feet. Build a multi-story duplex with ocean views from the second floor. Newer residences in Brevard, this close to the beach, have been selling in the mid 300's per SQFT. Prime location for vacation rentals. Port Canaveral is 4.6 miles away. Currently, there is a 7 bed, 4, bath, and 2989 sqft home that can be remodeled. Zoning allows for short-term rentals. This is an ideal property to do a 1031 exchange with.
Unit Size
2,989 Ft²
Days on Market
52 days
Land Size
0.21 acres
Price per sqft
$184
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1960

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Last updated: 6 months ago (Space Coast MLS #1034246)

Price History

Date / Event Date Event Price
Mar 27, 2025 Sold
Sold
Feb 20, 2025 In contract -
In contract
Feb 15, 2025 Price Decreased $550,000
↓ $20K (3.5%)
Price Decreased
Feb 14, 2025 Price Decreased $570,000
↓ $30K (5%)
Price Decreased
Feb 3, 2025 Relisted $599,999
Relisted
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 34
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 548
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 9
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 387
  • Total Building Area: 3,298
  • Gross Building Area: 3,298
  • Building Area: 2,989
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,989
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN TERRACE
  • Land Acres: 0000000210
  • Standard Land Use Code: 1110
  • County Land Use Code: 0855
  • State Land Use Code: 008
  • Legal Description 1: OCEAN TERRACE LOT 5 BLK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071700

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: 184
  • Account Number: 2440062
  • Parcel: 24-37-34-CK-00003.0-0005.00
  • Block: 3
  • Lot: 5
  • Meridian: SEC 34 TWN 24S RNG 37E
  • Municipality: COCOA BEACH
  • Latitude: 28.3494
  • Longitude: -80.6077

    Address

  • Full Address: 119 Surf Dr
  • Address - House Number: 119
  • Address - Street Name: Surf
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa Beach
  • Carrier Code: C010
  • 4-Digit Zip Code: 3309
  • Zip Code: 32931

Valuation

    Tax

  • Total Area: 2,866
  • Tax Year: 2022
  • Tax Amount: $602,740
  • Tax Rate Code Area: 26H0

    Appraisal Valuation

  • Standard Deviation: 0.4997
  • Valuation Date: Mar 06, 2024
  • Final Value: 533,275
  • High Value: 799,766
  • Low Value: 266,783

    Market Valuation

  • Market Total Value: $420,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,750

    Sales

  • Current Sale Contract Date: May 28, 2004
  • Current Sale Recording Date: Jun 10, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004182390

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Terrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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148 Young Avenue, Cocoa Beach, FL, 32931 Listing by Shannon Barnhart
Unit for rent at 4850 Ocean Beach Boulevard, FL, 32931

$5,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,506 ft²
4850 Ocean Beach Boulevard #205, FL, 32931 Listing by Carlos Anthony Crawford
Unit for rent at 1700 Commodore Boulevard, Cocoa Beach, FL, 32931

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,234 ft²
1700 Commodore Boulevard #1305, Cocoa Beach, FL, 32931 Listing by Mary Ann Thompson


Frequently Asked Questions

When was property at 119 Surf Drive built and last sold?
The property at 119 Surf Drive was built in 1960 and last sold on May 28, 2004 for $300,000.
How much is this home worth?
The estimated value of the home located at 119 Surf Drive is $0.
What are some comparable homes to 119 Surf Drive?
There are currently no comparable homes to 119 Surf Drive.