StatusAccepting Backup Offers (Active Under Contract)
About 119 Surf Dr
This multi-family property in Downtown Cocoa Beach is all about location. It is just a 2-minute walk to the beach and within walking distance of Ron Jon Surf Shop, Shopping, and restaurants. This property is zoned RM2A and can build up to 44 feet. Build three townhomes with ocean views from the second floor. Newer residences in Brevard, this close to the beach, have been selling in the mid 300's per SQFT. Prime location for vacation rentals. Port Canaveral is 4.6 miles away. Currently, there is a 7 bed, 4, bath, and 2989 sqft home that can be remodeled. Zoning allows for short-term rentals. This is an ideal property to do a 1031 exchange with.
Property Details
Property Features
Listing Office:
Office Name: J. Edwards Real Estate
Office Phone: (321) 209-1076
Listing Agent: Jonathan Krauser
Lot Features
Lot Information:
Lot: Cul-De-Sac
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: From Health First's Cape Canaveral Hospital turn left to W Cocoa Beach Causeway, then turn right to Bay St and turn left to N Atlantic Ave then turn left to Surf Dr. The lot is 119 Surf Dr
Price Information
Listing Price Info
Price Summary:
List Price: $699,900
Tax Information:
Annual Amount: $4,853
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cocoa Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,165
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Theodore Roosevelt Elementary School
1400 Minutemen Cswy
Distance between this listing and this school2.50 miles
Public District Grades KG-6
9
/10
Freedom 7 Elementary School of International Studies
400 S 4th St
Distance between this listing and this school2.70 miles
Public District Grades KG-6
5
/10
Cape View Elementary School
8440 Rosalind Ave
Distance between this listing and this school3.05 miles
Public District Grades PK-6
Nearby Schools
4
/10
Jefferson Middle School
1275 S Courtenay Pkwy
Distance between this listing and this school4.93 miles
Public District Grades 7-8
4
/10
Ronald McNair Magnet School
1 Challenger Dr
Distance between this listing and this school7.87 miles
Public Magnet Grades 7-8
3
/10
Emma Jewel Charter Academy
705 Blake Ave
Distance between this listing and this school8.01 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Cocoa Beach Junior/Senior High School
1500 Minutemen Cswy
Distance between this listing and this school2.59 miles
Public District Grades 7-12
10
/10
Edgewood Jr/Sr High School
180 E Merritt Ave
Distance between this listing and this school5.43 miles
Public District Grades 7-12
5
/10
Merritt Island High School
100 Mustang Way
Distance between this listing and this school5.90 miles
The neighbors living near this home have an average income of $51,838. Most Cocoa Beach, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 119 Surf Dr
What is the listing price of this property?
The listing price of 119 Surf Dr property is $699,900.
What type of property is this?
The property 119 Surf Dr is land located in Cocoa Beach, Florida, 32931.
Is this property for sale now?
Accepting Backup Offers: 119 Surf Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,853 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 10, 2004 for $300,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 119 Surf Dr in Cocoa Beach, FL and zip code 32931 in the Ocean Terrace neighborhood. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $699,900.
In October 2024, from all listings sold in Cocoa Beach, FL there were more than 1 sold above asking price, over 13 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Cocoa Beach, FL real estate market has seen increase in the number of listings by 7.3%. Listings spent 103 days on the market in October 2024, and had a median list price of $490,694 during the same period.
From Rocket Homes Real Estate and based on county public records data.