For SaleRisky Deal8 days on market
188 Pinellas Ln APT 301B
188 Pinellas Ln APT 301B, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$597,500
Listing Price
188 Pinellas Ln APT 301B, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
8
Tax Assessed
$384k
Lot Size
3,049 sqft
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Cape View Elementary School
PK-6
3 mi away
7
Cocoa Beach Junior/Senior High School
7-12
2.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
multi-story condominiumstucco exteriormodern architectural stylebalconiestropical landscapingpaved parking arearesidential buildingcoastalvacation propertylow-risewell-maintainedsunset backdropwalkway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.16%
Total ROI
92.8%
Cash Flow
$-33/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-33/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Cocoa Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $597,500 | $289 |
| 2026-05-03 | Listing removed | $595,998 | $288 |
| 2026-04-07 | Price change | $595,998 | $288 |
| 2026-03-10 | Price change | $610,998 | $295 |
| 2026-02-13 | Price change | $620,998 | $300 |
| 2026-02-02 | Listed for sale | $639,998 | $309 |
| 2023-06-03 | Listing removed | $0 | – |
| 2023-05-31 | Listed for sale | $715,000 | $346 |
| 2022-06-01 | Sold | $599,900 | $290 |
| 2018-07-30 | Sold | $395,000 | $191 |
| 2018-04-19 | Listed for sale | $409,000 | $198 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,169.56 | $384,300 |
| 2024 | $5,760.52 | $394,190 |
| 2023 | $6,498.27 | $394,190 |
| 2022 | $4,893.12 | $348,530 |
| 2021 | $4,891.32 | $338,380 |
| 2020 | $4,854.25 | $333,710 |
| 2019 | $4,829.14 | $326,210 |
| 2018 | $4,829.14 | $202,350 |
| 2017 | $2,801 | $198,190 |
| 2016 | $2,815.8 | $194,120 |
| 2015 | $2,805.64 | $192,780 |
| 2014 | $2,768.47 | $191,250 |
| 2013 | $0 | $188,430 |
| 2012 | $2,882.61 | $0 |
| 2011 | $2,891.35 | $0 |
| 2010 | $2,642.89 | $0 |
| 2009 | $2,400.74 | $0 |
| 2008 | $2,376.93 | $0 |
| 2007 | $2,443.58 | $0 |
| 2005 | $2,484.36 | $0 |
| 2004 | $2,566.54 | $0 |
| 2003 | $2,634.66 | $0 |
| 2002 | $2,603.29 | $0 |
| 2001 | $2,553.62 | $0 |
| 2000 | $2,491.78 | $0 |
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