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$940,000

Beds
4
Baths
2.0
sq ft
1,728

138 E Pasco Ln, Cocoa Beach, FL 32931

138 E Pasco Ln

Cocoa Beach, FL 32931

  • 42 days on market
    • Price drop $25,000↓
8+ CAP RATE PROPERTY !! The perfect turnkey Beach house that can also be a high earning Short Term Rental property!! Step back in time and embrace the cool vibes of this updated Mid-Century Modern gem just 200 yards from the sandy shores of Cocoa Beach. This 4-bed/ 2-bath home seamlessly blends classic design with modern comforts, offering a truly unique coastal living experience. From the sleek lines and period-perfect decor to the beautiful wood ceilings in the family room and the terrazzo and tile flooring. Beyond its stylish interior, this home boasts a private saltwater pool, a 1-car garage, carport, and space for your RV or boat. The property is FULLY Furnished and turn key! Steps from the beach, Cocoa Beach Pier, dining, and shops! With no rental restrictions and no HOA, you have the freedom to make this your full-time residence, a vacation getaway, or a lucrative short-term rental

Details

Property type

Single Family Residence

Est. home value

$801,276

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$544

Year built

1955

Price History

11/08/2024
BrevardMLS

BrevardMLS #1027038

Price change
$940,000
-2.59%
10/22/2024
BrevardMLS

BrevardMLS #1027038

Listed
$965,000
+75.45%
08/28/2020
BrevardMLS

BrevardMLS #882594

Sold
$549,999

Schools & Community

Elementary school: 

Cape View

Middle school: 

Cocoa Beach

High school: 

Cocoa Beach

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$621,241
Asking price
$940,000
Closing costs (~8% of asking)
-$75,200
Est. remaining loan balance
-$243,559
Cash to seller
$621,241

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

November 2017

Original loan amount

$284,000

Est. remaining balance

$243,559

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jeffrey A Wood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 10:40 PM

Listing updated: 11/17/2024 at 2:56 AM

Listed by: Jeffrey Karl Porter, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1027038

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