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Brevard 32926 Canaveral Groves
5121 Avocado Avenue
$285,000
● House - Off Market

5121 Avocado Avenue

Cocoa, FL 32926
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,118 Ft²
$410,784
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Here  is  your  piece  of  paradise  on  1  acre.  Home built in  2017  w/ metal  roof  &  salt  water  pool.  Home has  2  beds/ 2 baths &   beautiful  indoor  laundry  & 1 garage.  Plus  there is  a 20 x 40 shop - separate building.  No  HOA  so can  park  your  boat or  RV or  toys.  You will  love  the  wood look tile  floors  throughout.  Kitchen  has  granite  counters &  stainless  appliances. Nook area w/ desk..  Nothing  to  do  but  move  in  &  enjoy  your  backyard  screened  pool - has  solar panels too.  There are  banana, orange &  grapefruit trees.  A  pergola  out back  where  you can  grill.  Three  flat screen  mounted  tv's  convey  as  well  as  ring  door  bell  &  blink  cameras..  You  will  love  it!
Unit Size
1,118 Ft²
Days on Market
34 days
Land Size
1.00 acres
Price per sqft
$268
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
2017

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Space Coast MLS #880696)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jul 18, 2020 Listed by RE/MAX Solutions $299,900
Listed by RE/MAX Solutions

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 306
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,102
  • Gross Building Area: 2,102
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANAVERAL GROVES REPLAT UNIT 3 SHEET 2
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CANAVERAL GROVES REPLAT UNIT 3 SHEET 2 LOT 8 BLK 13

Neighborhood

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

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 123F
  • Account Number: 2403646
  • Parcel: 24-35-09-50-00013.0-0008.00
  • Block: 13
  • Lot: 8
  • Meridian: SEC 09 TWN 24S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4085
  • Longitude: -80.8296

    Address

  • Full Address: 5121 Avocado Ave
  • Legal Unit: 3
  • Address - House Number: 5121
  • Address - Street Name: Avocado
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 2943
  • Zip Code: 32926

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $271,182
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 435,196
  • High Value: 513,500
  • Low Value: 356,892

    Market Valuation

  • Market Total Value: $299,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $238,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020180860
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:

$550,000

Sale Price/ft²

$284

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2073 ft²

Average Home Age

29.9 years

Currently For Sale

13 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

$2,395 /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: June Mogavero, RE/MAX Solutions
Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 880696
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 5121 Avocado Avenue built and last sold?
The property at 5121 Avocado Avenue was built in 2017 and last sold on Aug 21, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 5121 Avocado Avenue is $0.
What are some comparable homes to 5121 Avocado Avenue?
There are currently no comparable homes to 5121 Avocado Avenue.
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