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$899,000

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

  • Pending
    • Price drop $41,000↓
BACK ON MARKET! Buyer's Financing fell through. 9 + 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

$521

Year built

1955

Price History

12/20/2024
BrevardMLS

BrevardMLS #1027038

Pending
$899,000
12/12/2024
BrevardMLS

BrevardMLS #1027038

Price change
$899,000
-4.36%
11/08/2024
BrevardMLS

BrevardMLS #1027038

Price change
$940,000
-2.59%

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

$584,071
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$243,009
Cash to seller
$584,071

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

$243,009

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: Pending/Under Contract

Tomo last checked: 12/24/2024 at 9:20 PM

Listing updated: 12/19/2024 at 10:20 PM

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

MLS: BrevardMLS #1027038

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