26
Map
$375,000
●
Condo -
Off Market
70 Cedar Avenue #2
Cocoa Beach, FL 32931
2 Beds
2 Baths
1,279 Ft²
$403,114
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Don't miss your opportunity to own this charming WATERFRONT, GROUND
FLOOR condo w/ a lg screened patio that overlooks the beautiful &
peaceful Banana River while boasting a perfectly sized floor plan
that highlights water views from the living, kitchen & primary
bedroom. Other highlights include a extra wide 3 panel sliding
glass door that opens to your patio, a spacious & bright kitchen w/
2 pantry cabinets, tile flooring throughout the living areas, boat
slips just a few steps outside your patio door & a roomy interior
laundry room. Plus there's a private 1 car garage where you can
store all your water toys, beach chairs & bicycles. Fantastic
location right in the heart of downtown Cocoa Beach, walk or
bicycle to everything: the beach, restaurants, shops, Cocoa Beach
Country Club & more. more.
Unit Size
1,279 Ft²
Days on Market
20 days
Land Size
0.08 acres
Price per sqft
$313
Property Type
Condo
Property Taxes
$268
HOA Dues
$425
Year Built
-
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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 #932869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Florida Lifestyle Realty LLC | $400,000 | |
| Listed by Florida Lifestyle Realty LLC | |||
| Apr 22, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by Coconut Properties Fl Real Est | $300,000 | |
| Listed by Coconut Properties Fl Real Est | |||
   | |||
|
Special location for that new special investor! Great 2 bedroom, 2 bath condo on the ground floor looking out to the canal with a private slip and one car garage. The condo is located within walking distance to downtown just off N 1st and just a few blocks to the beach. Enjoy the large yard space and access to the water. Spacious floor plan with large screened patio off both the living room and the master. Large master with walk in closet. Sold Subject to 2 year lease at $2000/month. Serious inquiries only!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Primary Bathroom - Tub with Shower, Primary Downstairs
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
Flooring Type: Carpet, Tile
Exterior Details
Has Property Attached
Square Footage: 1279
Year Built: 1983
Waterfront Features: Canal Front, Navigable Water, River Front
Waterbody Name: Banana River
Building Area Total: 1279
Levels: One
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio, Porch, Screened
Pool Features: None
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Water Source: Public
Financial Details
Tax Annual Amount: $3,214
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Boat Dock, Boat Slip, Maintenance Grounds, Maintenance Structure, Management - Full Time
HOA Fee: $425
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2022
|
2 Bed
|
2 Bath
|
1279 ft²
|
$400,000
2 Bed
2 Bath
1279 ft²
|
$375,000
-6.25%
05/12/2022
|
Jackie Griffin
Florida Lifestyle Realty LLC
| |
|
03/15/2021
|
2 Bed
|
2 Bath
|
1279 ft²
|
$300,000
2 Bed
2 Bath
1279 ft²
|
$300,000
04/22/2021
|
Lori Kass
Coconut Properties Florida RE
| |
|
09/16/2020
|
2 Bed
|
2 Bath
|
1279 ft²
|
$309,900
2 Bed
2 Bath
1279 ft²
|
$300,000
-3.19%
12/04/2020
|
Larry Walker
Walker Bagwell Properties Ltd
| |
|
01/04/2019
|
2 Bed
|
2 Bath
|
1279 ft²
|
$291,300
2 Bed
2 Bath
1279 ft²
|
-
-
|
-
| |
|
02/19/2014
|
2 Bed
|
2 Bath
|
1279 ft²
|
$164,900
2 Bed
2 Bath
1279 ft²
|
$163,900
-0.61%
05/08/2014
|
Carolyn Smith
RE/MAX Elite
|
Building Info
About Cocoa Beach
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Listed by: Jackie Griffin, Florida Lifestyle Realty LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 932869
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# 932869
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