2 months on rocket

516 Barrello Ln, Cocoa Beach, FL, 32931

$1,750,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,614 SqFt
$669/SqFt
House

Location

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516 Barrello Ln, Cocoa Beach$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, RV Access/Parking
Garage2 spaces
Year Built1962
HeatingCentral, Electric
CoolingCentral Air, Multi Unit(s)
WaterfrontCanal, River Access, River Front, Seawall
FireplaceWood Burning
ViewCanal, River
MLS #1023378
Lot Size0.41 Acres
StatusActive

About 516 Barrello Ln

Listed at appraised value! Experience the pinnacle of Cocoa Beach living with this exquisite 4-bedroom, 2.5-bathroom, 2614 sf riverfront pool home, where luxury and convenience seamlessly blend. This move-in ready gem is situated on 180 ft of Banana River frontage along an 80 ft deep grand canal, offering unobstructed, breathtaking views that make every day feel like a tropical retreat. Picture yourself enjoying sunsets, watching dolphins, and marveling at rocket launches from your backyard, complete with a new 70-year vinyl seawall with concrete tiebacks, adjacent to a brand-new boathouse featuring a 13,000 lb remote-controlled boat lift. Inside, discover a newly renovated kitchen with a custom island, cabinetry, quartz countertops, a farmhouse sink, and prep sink with a custom cutting board, all accented by LVP flooring. The open-concept dining and living room spaces amplify the home's airy atmosphere. This versatile residence is ideal for families desiring the ultimate riverfront lifestyle or investors eager to capitalize on Cocoa Beach's charm. Just a short walk away, immerse yourself in beautiful shores, fine dining, and lively entertainment, allowing you to enjoy the active Florida lifestyle year-round!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,614 SqFt

Listing Office:

  • Office Name: Denovo Realty
  • Office Phone: (321) 237-1887
  • Listing Agent: Michael P. Lindley

Interior Features

Interior Information:

  • Appliances: Convection Oven, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Ice Maker, Induction Cooktop, Microwave
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Canal, River Access, River Front, Seawall
  • View: Canal, River
  • Exterior: Boat Slip, Outdoor Shower, Boat Lift

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: E 520, N on Banana River Blvd, West on Barrello Lane to end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $669/SqFt

Tax Information:

  • Annual Amount: $8,414
  • Tax Year: 2020
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Housing Market Comparison

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

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Cocoa Beach, FL

City

Med. Sold Price

$490.6K

Med. Price/SqFt

$338

Avg. Days On Market

103

# of Sold Homes

15

516 Barrello Ln vs Cocoa Beach

78 DAYS ON ROCKET

-25 Days

$1,750,000

+$1.2M More

$669/SqFt

+$331 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $331/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: #1023378

Listing Office:

  • Office Name: Denovo Realty
  • Office Phone: (321) 237-1887
  • Listing Agent: Michael P. Lindley

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

May 09, 2002Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,414$549,430
2019$8,824$537,430
2018$8,608$513,570
2017$8,608$485,750

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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-322500
5
/10

  • Cape View Elementary School

  • 8440 Rosalind Ave

  • 2.37 miles

  • Public District Grades PK-6

school-card-donut-322501
9
/10

  • Theodore Roosevelt Elementary School

  • 1400 Minutemen Cswy

  • 3.12 miles

  • Public District Grades KG-6

school-card-donut-322502
9
/10

  • Freedom 7 Elementary School of International Studies

  • 400 S 4th St

  • 3.51 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,556. Most Cocoa Beach, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Barrello Ln

What is the listing price of this property?

The listing price of 516 Barrello Ln property is $1,750,000.

What type of property is this?

The property 516 Barrello Ln is a house located in Cocoa Beach, Florida, 32931.

Is this property for sale now?

Active Listing: 516 Barrello Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,414 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 9, 2002 for $425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Barrello Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Barrello Ln is 2,614 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Barrello Ln is 1962.

Rocket Homes›Florida›Brevard County›Cocoa Beach›32931›516 Barrello Ln

This home is located at 516 Barrello Ln in Cocoa Beach, FL and zip code 32931 in the Venetian Way neighborhood. This 2,614 square foot home, which was built in 1962, sits on a 0.41 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,750,000.

While more than 1 listings in Cocoa Beach, FL in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Cocoa Beach, FL increased by 7.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 103 days, the median list price was $490,694.

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

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