tomo logo

$275,000

Beds
4
Baths
4.5
sq ft
1,541

311 Iris St, Cocoa, FL 32927

311 Iris St

COCOA, FL 32927

  • 28 days on market
Multi-unit residential property (two units available) or can be utilized as a full Ssingle family house Great Potential and Ideal for investment, vacation rental, or primary residence Key Features on this one are Proximity to Cocoa Beach, Just a short distance from the beautiful shores of Cocoa Beach, perfect for beach lovers and water sports enthusiasts. Close to Cape Canaveral: Located near the Cape Canaveral Space Force Station, making it a prime spot for space enthusiasts and visitors during launch events. Cruise Ports: Convenient access to cruise ports for travelers looking to set sail on their next adventure. NASA Launch Spectacle: Situated in a prime viewing area for NASA launches, offering a unique opportunity for residents and guests to experience rocket launches from home. Investment Opportunities Two Units Available: The property can be rented out as two separate units, maximizing rental income potential. This setup is ideal for vacation rentals, providing flexibility for short-term or long-term tenants. Full House Option: Alternatively, the entire property can be utilized as a spacious single-family home, perfect for larger families or those seeking extra space. Community and Lifestyle Vibrant Coastal Community: Enjoy the laid-back beach lifestyle with local shops, restaurants, and recreational activities nearby. Outdoor Activities: Abundant opportunities for surfing, fishing, and enjoying nature trails in the area. With its strategic location, versatile property options, and abundant nearby attractions, 311 Iris St represents a fantastic opportunity for both investors and those looking to enjoy the best of Cocoa Beach living. The potential for rental income combined with a prime location makes this property a must-see! Just some TLC from its new owner and good to go!

Details

Property type

Single Family Residence

Est. home value

$255,774

Lot size

0.24 acres

Price per sq ft

$179

Year built

1956

Annual property taxes

$1,589.9

HOA

No

Price History

10/26/2024
StellarMLS

StellarMLS #S5114563

Listed
$275,000
+5.77%
05/25/2024
StellarMLS

StellarMLS #S5091428

Removed
$260,000
09/13/2023
StellarMLS

StellarMLS #S5091428

Listed
$260,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Daddy Management Group Llc

Loan start date

August 2023

Original loan amount

$192,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Balloon

Seller

Uc Contractors Llc

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 11:00 AM

Listing updated: 10/27/2024 at 6:51 AM

Listed by: Madeline Reyes, GLIMPSE REAL ESTATE INC Phone #: (407) 516-4117

MLS: StellarMLS #S5114563

StellarMLS logo

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