For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Brevard 32926 Canaveral Groves
5121 Palm Avenue
$237,500
● House - Off Market

5121 Palm Avenue

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,303 Ft²
$336,356
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

BRING THE TOYS! Located on a quiet dead end, dirt road in Canaveral Groves, this home offers 1303 square foot of living space in addition to a large 2 car garage and an enclosed Florida room on a generous .95 acres of land! Updates include a NEW ROOF in 2019, updated appliances, enclosed Florida room, well maintained AC by the local guys at MasterTemp, luxury vinyl plank flooring in the main living areas, built in surround sound speakers, and even a whole house pull fan for those days you want to keep the windows open without the humidity. Land in the Groves doesn't last long! Don't miss your chance to see this one before its gone!
Unit Size
1,303 Ft²
Days on Market
46 days
Land Size
0.95 acres
Price per sqft
$184
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1997

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #873408)

Price History

Date / Event Date Event Price
Jun 5, 2020 Sold
Premium
Sold
Apr 13, 2020 Listed by Blue Marlin Real Estate CB $239,900
Listed by Blue Marlin Real Estate CB
Feb 19, 2013 Sold
Premium
Sold
Dec 31, 2012 Listed by Blue Marlin Real Estate CB $84,900
Listed by Blue Marlin Real Estate CB

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 17
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 1,954
  • Gross Building Area: 1,954
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANAVERAL GROVES SUBD REPLAT UNIT 3 SHEE
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CANAVERAL GROVES SUBD REPLAT UNIT 3 SHEET 3 LOT 8 BLK 16 EX SR 524 R/W

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071202

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 123F
  • Account Number: 2403388
  • Subdivision Tract Number: 8
  • Parcel: 24-35-09-25-00016.0-0008.00
  • Block: 16
  • Lot: 8
  • Meridian: SEC 09 TWN 24S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4126
  • Longitude: -80.8296

    Address

  • Full Address: 5121 Palm Ave
  • Legal Unit: 3
  • Address - House Number: 5121
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 2027
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,616
  • Tax Year: 2022
  • Tax Amount: $248,282
  • Tax Rate Code Area: 1400

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 363,736
  • High Value: 436,433
  • Low Value: 291,039

    Market Valuation

  • Market Total Value: $248,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020119351
  • Previous Sale Recording Date: Feb 19, 2013
  • Previous Sale Contract Date: Jan 17, 2013
  • Previous Sale Amount: $86,500
  • Previous Sale Document Type: 71
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: Dillon James Bout, Blue Marlin Real Estate CB
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 873408
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 Palm Avenue built and last sold?
The property at 5121 Palm Avenue was built in 1997 and last sold on Jun 5, 2020 for $237,500.
How much is this home worth?
The estimated value of the home located at 5121 Palm Avenue is $240,654.
What are some comparable homes to 5121 Palm Avenue?
There are currently no comparable homes to 5121 Palm Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Cocoa-Rockledge Homes for Sale
Cocoa-Rockledge Houses for Sale
Cocoa-Rockledge Condos for Sale
Cocoa-Rockledge Townhouses for Sale
Cocoa-Rockledge Multifamily for Sale
Cocoa-Rockledge Land for Sale
Cocoa-Rockledge Commercial for Sale
Cocoa-Rockledge Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Melbourne Homes for Sale
Titusville Homes for Sale
Merritt Island Homes for Sale
Rockledge Homes for Sale
West Melbourne Homes for Sale
Cocoa Beach Homes for Sale
Viera West Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Orange County, FL Property Records
Seminole County, FL Property Records
Indian River County, FL Property Records
Volusia County, FL Property Records
Polk County, FL Property Records
Lake County, FL Property Records
Neighborhoods
Port St. John Real Estate
Port Malabar Country Club Real Estate
Viera North Real Estate
Heritage Isle Real Estate
Indialantic by The Sea Real Estate
Cape Orl Estates Real Estate
Suntree Real Estate
Royal Oak Golf Country Club Real Estate
Nearby Counties
Palm Bay Homes for Sale
Melbourne Homes for Sale
Titusville Homes for Sale
Indialantic-Melbourne Beach Homes for Sale
Merritt Island Homes for Sale
Cocoa Beach-Cape Canaveral Homes for Sale
Oviedo Homes for Sale
West Brevard Homes for Sale
Top Real Estate Agents
Top Agents in Canaveral Groves
Top Agents in Cocoa-Rockledge
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Melbourne
Top Agents in Melbourne
Top Agents in Titusville
Top Agents in 32940