tomo logo

$400,000

Beds
3
Baths
3.0
sq ft
1,875

655 Cocoanut Grove Ave, Melbourne, FL 32904

655 Cocoanut Grove Ave

Melbourne, FL 32904

  • 8 days on market
This updated 3-bedroom, 3-bathroom home sits on a spacious 0.54-acre lot in Melbourne, FL. With two primary suites—one on each level, it's perfect for multi-generational living or a private retreat. Inside, you'll find custom 2'x4' tile flooring throughout and multiple living areas designed for comfort and functionality. Energy-efficient features include roof-installed solar panels and newer HVAC systems (2021), while a 2023 septic system replacement adds value. The oversized garage, currently a game room, can easily be converted back. Outside, the fully fenced backyard features a 40'x30' concrete slab, ideal for a future workshop, entertaining space, or extra parking. Located close to shopping, dining, and beaches, this home offers modern updates, smart design, and unbeatable space. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$456,492

Lot size

0.54 acres

Price per sq ft

$214

Year built

1963

Annual property taxes

$3,990.72

Price History

02/14/2025
BrevardMLS

BrevardMLS #1037329

Listed
$400,000
+9.59%
12/05/2024
BrevardMLS

BrevardMLS #1027485

Removed
$365,000
10/20/2024
BrevardMLS

BrevardMLS #1027485

Listed
$365,000
+1.46%

Schools & Community

Elementary school: 

Roy Allen

Middle school: 

Central

High school: 

Melbourne

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

Secured Funding Corp

Loan start date

January 2007

Original loan amount

$27,200

Est. remaining balance

Not provided

Interest rate

13.52%

Loan type

Stand Alone Refi (Refinance of Original Loan), 25 year

Seller

Jacob Joseph Ferfort Jr

Lender

Homefield Financial Inc

Loan start date

October 2006

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Jacob Joseph Ferfort Jr

Lender

American General Home Equity Inc

Loan start date

July 2004

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

6.3%

Loan type

Credit Line (Revolving)

Seller

Jacob Joseph Ferfort Jr

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: 02/22/2025 at 9:35 PM

Listing updated: 02/15/2025 at 7:05 AM

Listed by: Patrick PJ McLoughlin Jr., Real Broker, LLC Phone #: (855) 450-0442

MLS: BrevardMLS #1037329

BrevardMLS logo

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