209 Riverside Drive 0, Cocoa, FL 32922

$422,500
Property Type: Residential Income Square Footage: 3,995 Lot Size (sq. ft.): 15,682 Status: Closed
Current Price: $422,500 List Date: 3/26/2018 Last Modified: 5/27/2026

Overview

Description

INVESTOR/DEVELOPER ALERT! Indian River View and Unique opportunity to own Multi Family Units; 4 Apartments in Main House and Cabin Unit Separate building. Charming Home in highly desirable area. Live in home and havve an income! Possiblities waiting for Investor. Walk to shops, dining , river walk in Historic Cocoa Village. Increased Rent Potential. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in Place with long term history. Earn Income while in development stages for site planning and PPM. New Partial Roof . Possible short term owner Financing Available for Qualified Buyer. See Agent Remarks. DO NOT DISTURB TENANTS.

Listing Details MLS# 796516

General Property Information

Number Of Buildings
2
Number Of Units Total
5
Living Area
3648
Living Area Source
Public Records
Building Area Total
3995
Year Built
1913
Garage YN
No
Carport YN
No
Open Parking Spaces
Yes
Parking Total
6
Lot Size Acres
0.36
Lot Size Square Feet
15682
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Water Body Name
Indian River
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
125.82
Sold Price/SqFt
115.82
Garage Spaces
0
Carport Spaces
0
Water Frontage Feet
0

Property Features

Appliances: Refrigerator Association Amenities: Management - Off Site Construction Materials: Frame; Stucco; Wood Siding Cooling: Wall/Window Unit(s) Flooring: Terrazzo; Wood Levels: Two Listing Terms: Cash; Private Financing Available Owner Pays: Electricity; Gas; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water Parking Features: Other Pool Features: None Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Special Listing Conditions: Standard; Third Party Approval Utilities: Sewer Connected Waterfront Features: River Front Showing Considerations: Occupied Showing Requirements: Appointment Only; No Sign

Contract Information

Original List Price
595000
Listing Contract Date
2017-10-24
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
209
Street Name
Riverside
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32922
MLS Area Major
213 - Mainland E of US 1
Subdivision Name
Derbys Addn To Cocoa

Remarks and Miscellaneous

Public Remarks
INVESTOR/DEVELOPER ALERT! Indian River View and Unique opportunity to own Multi Family Units; 4 Apartments in Main House and Cabin Unit Separate building. Charming Home in highly desirable area. Live in home and havve an income! Possiblities waiting for Investor. Walk to shops, dining , river walk in Historic Cocoa Village. Increased Rent Potential. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in Place with long term history. Earn Income while in development stages for site planning and PPM. New Partial Roof . Possible short term owner Financing Available for Qualified Buyer. See Agent Remarks. DO NOT DISTURB TENANTS.

Status Change Information

Major Change Timestamp
2023-11-11T03:44:50Z
Major Change Type
Price Reduced
Price Change Timestamp
2018-04-10T18:45:55Z
Status Change Timestamp
2018-06-13
Purchase Contract Date
2018-05-12
Close Date
2018-06-08
Close Price
422500

More Information

Closing Company Details

Closing Company Name
FEDERAL TITLE INSURANCE AGENCY
Closing Company Address
1193 US 1 ROCKLEDGE 32955

Income and Expenses

Gross Scheduled Income
34200
Net Operating Income
23600
Operating Expense
10600
Gross Income
0

Historical Information

Public Historical Remarks 3
Contact: List Agent, Expenses Include-License Permits: Y, Parking-1 Space Per Unit: Y, Equipment/Appliances-Range: Y

Location, Tax, and Legal

Unit Number
No
Tax Account
2426374
Parcel Number
24-36-33-81-00000.0-0007.00
General County Location
Central
Elementary School
Tropical
Middle School
McNair
High School
Rockledge
Tax Annual Amount
4264.25
Tax Year
2016
Tax Legal Description
DERBYS ADDN TO COCOA PART OF LOT 7 AS DES IN DB 348 PG 184
Directions
Turn left on Brevard Ave, then left onto church st. right on Riverside dr. House on the right.

Appliances

Refrigerator
Yes

Association Amenities

Management - Off Site
Yes

Construction Materials

Frame
Yes
Stucco
Yes
Wood Siding
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Terrazzo
Yes
Wood
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Private Financing Available
Yes

Parking Features

Other
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Grounds Care
Yes
Insurance
Yes
Management
Yes
Pest Control
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes
Third Party Approval
Yes

Utilities

Sewer Connected
Yes

Waterfront Features

River Front
Yes

Showing Requirements

Appointment Only
Yes
No Sign
Yes

Showing Considerations

Occupied
Yes
Listing Office: C. Apollo Realty Inc
Last Updated: May - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.