$857,500
●
House -
Off Market
161 Bahama Boulevard
Cocoa Beach, FL 32931
3 Beds
2 Baths
1,757 Ft²
$997,259
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Ready to move to Cocoa Beach? This 3 bed 2 bath POOL home
with MCM vibes is located on a wide canal and ready for its next
owner(s). This home has a new seawall and boat lift for you to
enjoy the fabulous outdoor living Florida has to offer. A
newly resurfaced and extra large 32x16 ft pool and deck provide
plenty of space to entertain all of your family and friends.
The northerly view from the back yard makes for a magnificent
view of the rocket launches. The wide canal is the perfect
place to park your boat or watch the dolphins and manatees play.
AC, water heater and kitchen appliances all new in 2021.
Located within walking distance to the beach, shopping,
restaurants and parks
Unit Size
1,757 Ft²
Days on Market
212 days
Land Size
0.25 acres
Price per sqft
$538
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1962
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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: 5 months ago (Space Coast MLS #931358)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2025 | Listed | $1,259,000 | |
| Listed | |||
| | |||
|
Discover coastal living at its finest in the heart of Cocoa Beach! This fully renovated waterfront home (2023/2024) was taken down to the studs and rebuilt with excellence (13 month remodel)--featuring all new plumbing, waterlines, completely revamped electrical system, all new drywall throughout, R45 insulation, all new ductwork, A/C system, stucco, paint, facia, soffits, 50 year roof & much more. Enjoy the open airy floor plan w/ matching porcelain tile throughout and oversized hurricane windows/doors showcasing water views from nearly every room. Matching quartz counters & solid wood cabinetry can be found throughout kitchen & bathrooms. Aside from the waterside primary suite, each guest bedrooms features on-suite bath. Step outside to a newly renovated pool, expansive patio, new sprinkler system, and commercial grade vinyl seawall w/ concrete cap and private boat lift w/new motors. Just a short walk to the beach through neighborhood crosswalk and Lori Wilson Park
| |||
| Jul 17, 2025 | Price Decreased |
$1,299,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$1,349,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| May 16, 2025 | Listed | $1,399,000 | |
| Listed | |||
| | |||
|
Discover coastal living at its finest in the heart of Cocoa Beach! This fully renovated waterfront home (2023/2024) was taken down to the studs and rebuilt with excellence (13 month remodel)--featuring all new plumbing, waterlines, completely revamped electrical system, all new drywall throughout, R45 insulation, all new ductwork, A/C system, stucco, paint, facia, soffits, 50 year roof & much more. Enjoy the open airy floor plan w/ matching porcelain tile throughout and oversized hurricane windows/doors showcasing water views from nearly every room. Matching quartz counters & solid wood cabinetry can be found throughout kitchen & bathrooms. Aside from the waterside primary suite, each guest bedrooms features on-suite bath. Step outside to a newly renovated pool, expansive patio, new sprinkler system, and commercial grade vinyl seawall w/ concrete cap and private boat lift w/new motors. Just a short walk to the beach through neighborhood crosswalk and Lori Wilson Park.
| |||
| Apr 18, 2025 | Price Increased |
$1,443,000
↑ $44K
(3.2%) | |
| Price Increased | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cocoa Isles
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Listed by: Nichole Demeter, RE/MAX Solutions
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 931358
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: 5 months ago
Data Source: Space Coast MLS, MLS# 931358
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