623 Forrest 10 UNI, Cocoa, FL 32922
$295,000
Property Type:
Residential Income
Square Footage:
4,770
Lot Size (sq. ft.):
871
Status:
Closed
Current Price:
$295,000
List Date:
4/03/2012
Last Modified:
11/11/2025
Description
INVESTOR OPPORTUNITY!! OWNER RETIRING! TEN CONDO UNITS, FULLY LEASED,$495 A MONTH, MONTHLY ASSOC FEE PER UNIT OF $75 WHICH INCLUDES, WATER/SEWER,GARBAGE,PEST CONTROL, LAWN CARE. ALL UNITS ARE CONCRETE BLOCK WITH BRICK, 1 BED/1 BATH,477 SQ FT, REFRIGERATOR, STOVE/OVEN, WITH ONE ASSIGNED PARKING SPACE. IN GREAT CONDITION, CONVENIENT LOCATION, WALKING DISTANCE TO THE INDIAN RIVER AND DOWNTOWN COCOA!Owner is related to LREA. 20.1%
Supplements: '||chr(10)||'Addendum - GROSS ANNUAL INCOME $59,400.00OPERATING EXPENSES $ 5,000.00PROPERTY TAX $ 5,980.00ANNUAL ASSOC FEES $ 9,000.00NET ANNUAL INCOME $39,420.00
More Information MLS# 637624
Location, Tax, and Legal
Unit Number: 10 UNI
Tax Account: 2421106
Parcel Number: 24362800007908000000
General County Location: Central
Elementary School: Cambridge
Tax Annual Amount: 585.45
Tax Year: 2011
Tax Legal Description: UN1,2,3,4,5,6,8,9,12,13 FORRESTAVE
Directions: From Merritt Island,Hwy 520 west to Cocoa, turn on third right (North)to Forrest Avenue continue north 5 or 6 blocks to Forrest Ave condos on left.(2 Story Brick Bldg)*No sign**
General Property Information
Number Of Buildings: 1
Number Of Units Total: 14
Living Area: 4770
Living Area Source: Other
Building Area Total: 4770
Lot Size Acres: 0.02
Lot Size Dimensions: 95 x 152
Lot Size Square Feet: 871.2
Association YN: Yes
Association Fee: 75
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Parking Total: 14
Senior Community YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 61.84
Sold Price/SqFt: 61.84
Remarks and Miscellaneous
Public Remarks: INVESTOR OPPORTUNITY!! OWNER RETIRING! TEN CONDO UNITS, FULLY LEASED,$495 A MONTH, MONTHLY ASSOC FEE PER UNIT OF $75 WHICH INCLUDES, WATER/SEWER,GARBAGE,PEST CONTROL, LAWN CARE. ALL UNITS ARE CONCRETE BLOCK WITH BRICK, 1 BED/1 BATH,477 SQ FT, REFRIGERATOR, STOVE/OVEN, WITH ONE ASSIGNED PARKING SPACE. IN GREAT CONDITION, CONVENIENT LOCATION, WALKING DISTANCE TO THE INDIAN RIVER AND DOWNTOWN COCOA!Owner is related to LREA. 20.1%
Appliances
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Flooring
Tile: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Assigned: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Scheduled Income: 59400
Net Operating Income: 39420
Operating Expense: 5000
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Showing Considerations
Occupied: 1
Pet(s) on Premises: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Zoning: multi family, Equipment/Appliances-Range: Y
Contract Information
Current Price: $295,000
Original List Price: 295000
Sold Price: $295,000
Status: Closed
Listing Contract Date: 2012-04-01
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 623
Street Name: Forrest
County: Brevard
State: FL
Postal Code: 32922
MLS Area Major: 213 - Mainland E of US 1
Subdivision Name: Forrest Ave Condo
Status Change Information
Major Change Timestamp: 2012-04-03T20:54:46Z
Major Change Type: New Listing
Status Change Timestamp: 2012-10-16
Purchase Contract Date: 2012-07-01
Close Date: 2012-09-28
Close Price: 295000
Property Features
Appliances: Refrigerator
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Financial Data Source: Owner
Flooring: Tile
Levels: Two
Listing Terms: Cash; Conventional
Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features: Assigned
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied; Pet(s) on Premises
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office:
CENTURY 21 Paradise Palm Inc
Last Updated: November - 11 - 2025
Information is deemed to be reliable, but is not guaranteed.