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Brevard 32926 Canaveral Groves
5120 Avocado Avenue
$75,000
● Land - Off Market

5120 Avocado Avenue

Cocoa, FL 32926
bedrooms
Studio
bathrooms
0 Bath
$502
Est. Monthly

About This Property

FULL ACRE parcel in established neighborhood in Canaveral Groves!! CLEARED LAND!!!  This land is ready to build your dream home with land with no HOA! Bring animals and toys. This is cleared and zoned residential ready for building or keeping as an investment.
Unit Size
-
Days on Market
30 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$64
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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: 6 months ago (Space Coast MLS #1018312)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Jul 19, 2024 In contract -
In contract
Jun 29, 2024 Listed by Atlantic Group Real Estate $89,000
Listed by Atlantic Group Real Estate
Jun 24, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CANAVERAL GROVES REPLAT UNIT 3 SHEET 2
  • Land Acres: 0000001000
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: CANAVERAL GROVES REPLAT UNIT 3 SHEET 2 LOT 41 BLK 15

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071205

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 123F
  • Account Number: 2403705
  • Parcel: 24-35-09-50-00015.0-0041.00
  • Block: 15
  • Lot: 41
  • Meridian: SEC 09 TWN 24S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4092
  • Longitude: -80.8294

    Address

  • Full Address: 5120 Avocado Ave
  • Legal Unit: 3
  • Address - House Number: 5120
  • Address - Street Name: Avocado
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 2942
  • Zip Code: 32926

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,191
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1800

    Market Valuation

  • Market Total Value: $49,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,000

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 158744
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Canaveral Groves

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2006 ft²

Average Home Age

25.1 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4380 Temple Street, Cocoa, FL, 32926

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
4380 Temple Street, Cocoa, FL, 32926 Listing by Lorrie A Lovett

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: William Andersen, Atlantic Group Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1018312
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.

Frequently Asked Questions

When was property at 5120 Avocado Avenue built and last sold?
The property at 5120 Avocado Avenue was built in and last sold on Jun 22, 2022 for $10,000.
How much is this home worth?
The estimated value of the home located at 5120 Avocado Avenue is $0.
What are some comparable homes to 5120 Avocado Avenue?
There are currently no comparable homes to 5120 Avocado Avenue.
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