860 Orlando Avenue S $1,288,000

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    860 Orlando Avenue S Cocoa Beach, FL 32931

    • 0 Beds
    • 0 Baths
    • 4,806 sq.ft.
    • Multi-Family
    MLS# 804027 | Active

    $1,288,000

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    Days On Market: 410 9 Views
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    Property Details

    SELLER WILL CONSIDER ALL OFFERS. RUN NUMBERS. 5.6% cap rate. 75% of sale must be 1031, remaining 25% open to SELLER FINANCING. Also open to creative and/or long term agreement.Currently units are rented long term, but property was originally designed for weekly/daily/vacation rentals w/separate laundry room to service same and poolside restrooms. Conversion could generate considerably greater revenue. 14' screened gazebo. 80% of roof is new. All windows & doors replaced with hurricane rated within last 2 yrs. 3 new w/h, 1 new a/c, 2 units new carpet, new fencing, some new appliances. 4 identical 1200 sf. units.

    • General Features
      • Area 272 - Cocoa Beach
      • County Brevard
      • General County Location Central
      • Rent Includes Exterior Maintenance, Insurance, Lawn/Land Mntnce, Pool Maintenance, RE Taxes
      • Subdivision/Condo Name CLEGGMOOR SUBD
      • Sub Type Quadplex
    • Building Features
      • Buildings 1 Building
      • Construction Combination
      • Equipment Appliances Dishwasher, Disposal, Dryer, Ice Maker Hookup, Laundry-Hookup, Range - Electric, Range w/Oven, Refrigerator, Washer
      • Exterior Finish Stucco
      • Cooling Central
      • Floor Carpet, Tile
      • Heat Central
      • Num of Units 4
      • Roof Shingle - Asphalt
      • Pool Yes
      • Style Two Story
      • SqFt Living 4806.00
      • Split Bedroom No
    • Property Features
      • Acreage 0.44
      • Lot SqFt 19166.00
      • Lot Description Sidewalks
      • Parking Spaces 9.00
      • Waterfront No
      • Utilities Cable Available

    Contact

    Candace Spencer

    Broker Associate

    RE/MAX Aerospace Realty

    Direct: 321-704-5194

    Neighborhood

    32931 (Cocoa Beach) Demographics

    56Median Age
    2,716Population Density (per sq. mile)
    53%College Educated
    $53,021Estimated Median Income
    4,638Estimated Total Home Owners
    2,511Estimated Total Renters
    65% / 35%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    14,114Total Population

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    64 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,288,000
        11/9/2018 10:02:40 PM Price Reduced Source New Value: $1,288,000 -7.2%
        10/16/2018 10:02:38 PM Price Reduced Source New Value: $1,388,000 -6.72%
        2/1/2018 4:05:00 AM New in Database Source New Value: $1,488,000

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