2 months on rocket

492 Dempsey Dr, Cocoa Beach, FL, 32931

$1,749,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,919 SqFt
$599/SqFt
Multi

Location

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492 Dempsey Dr, Cocoa Beach$1,749,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1957
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s), Separate Meters, Varies By Unit, Split System
WaterfrontCanal, Navigable Water, River Access, Seawall
FireplaceWood Burning
ViewCanal, Pool, Water
MLS #1022812
Lot Size0.26 Acres
StatusActive

About 492 Dempsey Dr

New construction 2022, gutted to the studs, new plumbing, new electric, new walls, headers, beams, spray foam insulation, impact windows and sliders, see feature sheet, essentially 2 homes on separate electric meters. Consider it as a 5 bedroom home or two homes. Downstairs 3 bedrooms, 3 baths and Upstairs 2 bedrooms, 1 bath. Whatever you decided to use this property for you will not be disappointed. It would serve beautifully as a family home with extra income from the upstairs apartment, adult children still living at home, a second home, or Airbnb. A fabulous location, only 6 blocks to the beach and next door to a riverfront park for added unobstructed views of the river and islands! Currently being used as an Airbnb! The walkability to downtown Cocoa Beach with shopping, restaurants, stores, library, post office, etc. makes it more desirable. Quiet and tucked away yet so close to all that Cocoa Beach has to offer! Boaters Dream: Deep water and easy access to the open river!! 492 Dempsey Drive's main home is a two-year-old home as of 2022! The concrete walls were left up and the roof was left on as the work began! The first floor of this beautiful home was completely gutted, reframed, rebuilt to code by a local reputable General Contractor. New beams and headers were added in the main living room, garage and Florida room. The Florida room exterior walls were taken down and replaced. The entire home has impact windows and sliders. The garage door is a hurricane rated door. The bathroom walls were insulated with Fi-Foil for sound and the roof of the first floor was insulated with Icynene foam. The cast iron plumbing was removed and re-piped throughout the home. The old electrical was completely removed and all new electrical was installed. The HVAC was replaced, and all new duct work was installed. The Florida room/ family room features a wood burning fireplace and a separate Mini-Split Air Conditioning. The Kitchen is designed beautifully with quartz countertop, stainless steel appliances and beautiful cabinets. The exterior was stucco and painted. Everything mentioned in this paragraph took place and was replaced new in 2022. The apartment upstairs was completely remodeled in 2016, and a new 600 square foot deck was installed 2021! The deck is a fabulous place to take in the beautiful sunsets over the park, river and islands. The HVAC and duct work replaced 2023, all new stainless-steel appliances with gas stove 2020, beautiful cabinets and well-designed bathroom.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2
  • Living Area: 2,919 SqFt

Listing Office:

  • Office Name: Coconut Properties Fl Real Est
  • Office Phone: (321) 613-5950
  • Listing Agent: Pamela G Durkin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Canal, Navigable Water, River Access, Seawall
  • View: Canal, Pool, Water
  • Exterior: Boat Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 492 Dempsey Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac, Dead End Street, Few Trees
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s), Separate Meters, Varies By Unit, Split System

Other

Directions Information:

  • Directions: A1A to 3rd st North. Head West to Cedar. turn right then left on Dempsey head west last house on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,749,000
  • Price Per SqFt: $599/SqFt

Tax Information:

  • Annual Amount: $7,204
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cocoa Beach, FL.

Med. Sold Price

$490.6K

Med. Price/SqFt

$338

Avg. Days On Market

103

# of Sold Homes

15

492 Dempsey Dr vs Cocoa Beach

85 DAYS ON ROCKET

-18 Days

$1,749,000

+$1.2M More

$599/SqFt

+$261 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $261/SqFt more than other homes in Cocoa Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1022812

Listing Office:

  • Office Name: Coconut Properties Fl Real Est
  • Office Phone: (321) 613-5950
  • Listing Agent: Pamela G Durkin

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2020Home Sold
$435,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,204$433,100
2019$6,686$393,730
2018$6,276$385,000
2017$6,276$350,000

History based on county public records data.

Payment Calculator

$8,797

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,310

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.

Nearby Schools

school-card-donut-373953
9
/10
  • Theodore Roosevelt Elementary School

  • 1400 Minutemen Cswy

  • 0.82 miles

  • Public District Grades KG-6

school-card-donut-373954
9
/10
  • Freedom 7 Elementary School of International Studies

  • 400 S 4th St

  • 0.94 miles

  • Public District Grades KG-6

school-card-donut-373955
5
/10
  • Cape View Elementary School

  • 8440 Rosalind Ave

  • 4.87 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,551. Typical income of Cocoa Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaBrevard CountyCocoa Beach32931492 Dempsey Dr

This home is located at 492 Dempsey Dr in Cocoa Beach, FL and zip code 32931 in the Convair Cove neighborhood. This 2,919 square foot home, which was built in 1957, sits on a 0.26 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,749,000.

In October 2024 more than 1 listings in Cocoa Beach, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Cocoa Beach, FL between September 2024 and October 2024 increased by 7.3%. In October 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $490,694.

From Rocket Homes Real Estate and based on county public records data.

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