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$670,000

Beds
4
Baths
3.0
sq ft
1,524

721 Java Rd, Cocoa Beach, FL 32931

721 Java Rd

Cocoa Beach, FL 32931

  • 290 days on market
    • Price drop $20,000↓
Updated, POOL HOME located in the heart of Cocoa Beach in the classic & friendly barrier island residential neighborhood of Cocoa Isles. Completely turn key, fully furnished with 4 bedrooms, 3 bathrooms, & covered Lanai next to the pool area. Enjoy shaded gatherings and grilling year round! Golf cart friendly area next to downtown or hop on your bike or walk to the beach, local watering holes, & restaurants for food and entertainment. Currently used as a short term rental. Use as your own single family residence, 2nd home, or continue to lease short term and block off personal time by the sea. Roof 2015, Windows & Sliders are not impact rated & do not have storm shutters. Plumbing is original but there are no known active plumbing issues. Garage was converted to additional living space but could be converted back. Well maintained and in great condition!

Details

Property type

Single Family Residence

Est. home value

$645,358

Lot size

8,712 sq ft

Price per sq ft

$440

Year built

1961

Annual property taxes

$4,053.24

Price History

08/20/2024
BrevardMLS

BrevardMLS #1004431

Price change
$670,000
-2.9%
08/09/2024
BrevardMLS

BrevardMLS #1004431

Listed
$690,000
08/09/2024
BrevardMLS

BrevardMLS #1004431

Removed
$690,000

Schools & Community

Elementary school: 

Roosevelt

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

$135,825
Asking price
$670,000
Closing costs (~8% of asking)
-$53,600
Est. remaining loan balance
-$480,575
Cash to seller
$135,825

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

May 2023

Original loan amount

$488,750

Est. remaining balance

$480,575

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Anthony Nappa and Jonathan Weinstein

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 11:05 PM

Listing updated: 11/12/2024 at 6:30 PM

Listed by: Barbara Schluraff, CENTURY 21 Ocean Phone #: (321) 323-1212

MLS: BrevardMLS #1004431

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