4 months on rocket

5221 Palm Ave, Cocoa, FL, 32926

$499,900

Home List Price

$5,936*

Closing Credit

3 Bedrooms
2 Full Baths
1,352 SqFt
$370/SqFt
House

Location

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5221 Palm Ave, Cocoa$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1981
HeatingElectric
CoolingElectric
FireplaceWood Burning
MLS #1017592
Lot Size2.17 Acres
StatusActive

About 5221 Palm Ave

72-Hour Kick Out. Welcome to a unique real estate opportunity with boundless potential. Nestled on a generous 2.17-acre lot, originally three lots now combined, this remarkable property has been updated from the roof to the floors. The home boasts a new roof, soffit, fascia, stucco, and fresh paint inside and out. The interior shines with new floors, a water heater, appliances, cabinets, mirrors, doors, baseboards, and glass sliders. With three lots combined into one, the possibilities are endless. You can expand the current residence, build additional structures, or construct a new home while keeping the existing one for in-laws. This expansive property can accommodate all your dreams. Equine enthusiasts will appreciate the 3,000 sq ft open-air pole barn, featuring eight stalls, a tack room, hay room, and wash room. The land can also be used as a riding ring and pasture, providing ample space for equine activities. Without association restrictions your vision for the estate can be realized. Whether you're looking to develop a family compound, hobby farm, or a unique personal retreat, you can customize the property to your exact specifications. Located in a tranquil yet accessible area, this property offers a rare combination of rural charm and modern convenience. The expansive acreage, coupled with comprehensive updates and a versatile pole barn, makes this estate a standout opportunity. Don't miss the chance to own a property where your dreams can take root and flourish.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,352 SqFt

Listing Office:

  • Office Name: Engel&Voelkers Melb Beachside
  • Office Phone: (321) 254-5275
  • Listing Agent: Shalom Leigh McGoffin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Primary Downstairs
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 5221 Palm Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 2.17 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: I95 to FL-524W in Cocoa take exit 202 to Adamson Road to Palm Ave. House on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $370/SqFt

Tax Information:

  • Annual Amount: $3,074
  • Tax Year: 2020
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Housing Market Comparison

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

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Cocoa, FL

City

Med. Sold Price

$310K

Med. Price/SqFt

$210

Avg. Days On Market

52

# of Sold Homes

59

5221 Palm Ave vs Cocoa

146 DAYS ON ROCKET

+94 Days

$499,900

+$189.9K More

$370/SqFt

+$160 More

KEY TAKEAWAY

This property is $189.9K more than the Median Sold Price and $160/SqFt more than other homes in Cocoa, 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: #1017592

Listing Office:

  • Office Name: Engel&Voelkers Melb Beachside
  • Office Phone: (321) 254-5275
  • Listing Agent: Shalom Leigh McGoffin

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: 11/16/2024, 9:20:56 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 06, 2005Home Sold
$208,900
Aug 18, 2003Home Sold
$141,500
Jul 11, 1996Home Sold
$89,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,074$193,950
2019$1,837$102,680
2018$1,710$108,150
2017$1,710$91,110

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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-94289
5
/10

  • Challenger 7 Elementary School

  • 6135 Rena Ave

  • 4.19 miles

  • Public District Grades KG-6

school-card-donut-94290
9
/10

  • Enterprise Elementary School

  • 7000 Enterprise Rd

  • 4.67 miles

  • Public District Grades PK-6

school-card-donut-94291
2
/10

  • Fairglen Elementary School

  • 201 Indian Trl

  • 4.69 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,638. Typical income of Cocoa, FL residents is between $35k-100k annually. Typical family type is married, 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 5221 Palm Ave

What is the listing price of this property?

The listing price of 5221 Palm Ave property is $499,900.

What type of property is this?

The property 5221 Palm Ave is a house located in Cocoa, Florida, 32926.

Is this property for sale now?

Active Listing: 5221 Palm Ave 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 $3,074 (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 6, 2005 for $208,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5221 Palm Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5221 Palm Ave is 1,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5221 Palm Ave is 1981.

Rocket Homes›Florida›Brevard County›Cocoa›32926›5221 Palm Ave

This home is located at 5221 Palm Ave in Cocoa, FL and zip code 32926. This 1,352 square foot home, which was built in 1981, sits on a 2.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $499,900.

Cocoa, FL housing market in October 2024 saw over 12 listings sold above listed price, more than 15 sold at listed price and over 32 sold below. The number of homes for sale in Cocoa, FL increased by 2.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $310,000, while the average time on the real estate market was 52 days.

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

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