For SaleRisky Deal6 days on market
3605 S Banana River Blvd APT B201
3605 S Banana River Blvd APT B201, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$1,000,000
Estimate®:$952,200
Listing Price
3605 S Banana River Blvd APT B201, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
6
Tax Assessed
$686k
Estimate®
$952k
Market Rate
Lot Size
3,920 sqft
Rent Estimate
$5,306/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
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
2.6 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
waterfront propertymulti-story condominiumstucco exteriorbalconieslarge windowscoastal livingtropical landscapingserene atmospheremodern designexterior lightingpanoramic viewsresort-stylewaterview balconies
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.63%
Total ROI
37.8%
Cash Flow
$-2,163/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,163/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cocoa Beach, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $1,000,000 | $286 |
| 2024-09-03 | Sold | $910,000 | $260 |
| 2024-06-24 | Pending sale | $975,000 | $279 |
| 2023-10-20 | Listed for sale | $975,000 | $279 |
| 2023-08-11 | Listing removed | $0 | – |
| 2023-04-26 | Price change | $1,075,000 | $307 |
| 2023-03-21 | Price change | $1,100,000 | $314 |
| 2023-02-06 | Price change | $1,125,000 | $321 |
| 2023-01-04 | Listed for sale | $1,150,000 | $329 |
| 2022-12-06 | Listing removed | $0 | – |
| 2022-08-31 | Price change | $1,150,000 | $329 |
| 2022-07-07 | Price change | $1,180,000 | $337 |
| 2022-03-23 | Listed for sale | $1,200,000 | $343 |
| 1996-12-30 | Sold | $350,000 | $100 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,970.23 | $686,000 |
| 2024 | $9,892.47 | $615,820 |
| 2023 | $9,479.84 | $615,530 |
| 2022 | $8,582.23 | $615,530 |
| 2021 | $7,474.2 | $455,750 |
| 2020 | $7,503.19 | $453,920 |
| 2019 | $7,658.57 | $328,400 |
| 2018 | $7,658.57 | $322,280 |
| 2017 | $4,839.8 | $315,660 |
| 2016 | $4,875.01 | $309,170 |
| 2015 | $4,864.25 | $307,030 |
| 2014 | $4,885.58 | $304,600 |
| 2013 | $0 | $374,000 |
| 2012 | $4,947.72 | $0 |
| 2011 | $4,796.04 | $0 |
| 2010 | $4,332.3 | $0 |
| 2009 | $3,937.83 | $0 |
| 2008 | $3,898.46 | $0 |
| 2007 | $3,881.48 | $0 |
| 2005 | $3,959.65 | $0 |
| 2004 | $4,098.6 | $0 |
| 2003 | $4,212.62 | $0 |
| 2002 | $4,169.42 | $0 |
| 2001 | $4,094.34 | $0 |
| 2000 | $4,003.93 | $0 |
Similar Properties Nearby
Explore other investment opportunities in Cocoa Beach.