1000 N Atlantic Avenue Unit 714, Cocoa Beach, FL 32931

$505,000
2
BD
2
BA
1,286
SqFt
Sold Price
$505,000
List Price
$514,900
Closing Date
Apr 29, 2022
MLS#
915750
Status
CLOSED
Type
Condo
County
Brevard
City
Cocoa Beach
Area
Cocoa Beach
Subdivision
Sandcastles Condo
Bedrooms
2
Bathrooms
2
Living Area
1,286
Total Square Feet
2,178
Acres
0.05
Year Built
1985
Days on Market
234

Property Description

This breathtaking seventh-floor unit is located in The Sandcastles: a 7-acre direct oceanfront vacation complex in the heart of Cocoa Beach, FL. Sandcastles also has several lovely amenities for you and your guests to enjoy: including a swimming pool, hot tub and tennis courts. This condo comes fully furnished with EVERYTHING you or your guests will need, making this spacious beachfront unit ready to be enjoyed immediately. This condo also has an in-unit laundry room and a designated one-car garage for added convenience and space!Sandcastles is also one of the VERY few condominium associations that allows for legal short-term rentals, which makes this a great investment opportunity! Short term rentals also allow for the possibility for the new owner to occupy the condo and enjoy this beautiful beachside property for personal use. The new owner/investor would inherit paid and confirmed online bookings throughout the next 12 months which are scheduled to produce over $20,000 in revenue*, with the potential/availability to produce over double that ANNUALLY**'||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||'*The current revenue amount is from 9/3/21 and is subject to increase or decrease due to new and/or cancelled bookings'||chr(10)||''||chr(10)||'**Historic annual revenue figures also available upon request.'||chr(10)||''||chr(10)||'

Additional Information

Hoa Frequency
Monthly
Tax Year
2020
Tax Amount
$4,697
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Elevator, Open Floorplan, Walk-In Closet(s)
Exterior Features
Balcony, Tennis Court(s)
Equipment And Appliances
Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Washer
Utilities
Cable Available
Exterior Finish
Block, Concrete, Stucco
Construction
Block, Concrete, Stucco
Roof
Concrete
Floor
Tile
Carport Spaces
0.0
Parking
Detached, Guest
Assoc Fee
$525
Assoc Fee Includes
Cable TV, Sewer, Trash, Water
Garage Spaces
1
Dwelling View
Water
Pool Description
Community, In Ground
Water Frontage
Ocean Access, Ocean Front
Elementary School
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tezel Investments, Inc.. Selling Office: McCoy-Freeman Real Estate.