For SaleRisky Deal114 days on market
3031 S Atlantic Ave APT 302
3031 S Atlantic Ave APT 302, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$490,000
Estimate®:$476,000
Listing Price
3031 S Atlantic Ave APT 302, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
114
Tax Assessed
$452k
Estimate®
$476k
Market Rate
Lot Size
3,485 sqft
Rent Estimate
$2,691/mo
Est. Cash Flow base
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.
9
Theodore Roosevelt Elementary School
PK-6
3 mi away
7
Cocoa Beach Junior/Senior High School
7-12
3.1 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
coastalcondominiumoceanfrontmid-risestuccobalconiestropical landscapingpalm treesbeachsidegated entryattached garagevacation vibemulti-familywater view
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.57%
Total ROI
36.5%
Cash Flow
$-1,084/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,084/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 |
|---|---|---|---|
| 2026-07-13 | Listed for sale | $490,000 | $408 |
| 2026-07-12 | Pending sale | $490,000 | $408 |
| 2026-06-13 | Contingent | $490,000 | $408 |
| 2026-06-01 | Listed for sale | $490,000 | $408 |
| 2026-01-12 | Listing removed | $490,000 | $408 |
| 2025-11-13 | Price change | $490,000 | $408 |
| 2025-10-13 | Price change | $499,000 | $416 |
| 2025-09-11 | Listed for sale | $549,000 | $458 |
| 2020-02-21 | Sold | $324,000 | $270 |
| 2020-02-17 | Pending sale | $324,000 | $270 |
| 2020-01-18 | Listed for sale | $324,000 | $270 |
| 2019-11-25 | Listing removed | $324,000 | $270 |
| 2019-07-31 | Price change | $324,000 | $270 |
| 2019-05-20 | Listed for sale | $329,000 | $274 |
| 2015-04-03 | Listing removed | $1,700 | $1 |
| 2015-01-29 | Price change | $1,700 | $1 |
| 2014-10-31 | Price change | $1,990 | $2 |
| 2014-10-07 | Listed for rent | $2,190 | $2 |
| 2013-08-03 | Listing removed | $1,700 | $1 |
| 2013-07-26 | Price change | $1,700 | $1 |
| 2013-05-07 | Listed for rent | $1,800 | $2 |
| 2009-02-20 | Sold | $370,000 | $308 |
| 2005-04-21 | Sold | $410,000 | $342 |
| 1996-08-30 | Sold | $122,500 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,218.46 | $267,130 |
| 2024 | $3,031.41 | $259,610 |
| 2023 | $2,991.39 | $252,050 |
| 2022 | $2,777.15 | $244,710 |
| 2021 | $2,860.22 | $237,590 |
| 2020 | $3,468.45 | $247,490 |
| 2019 | $3,226.79 | $223,980 |
| 2018 | $3,226.79 | $211,200 |
| 2017 | $3,140.47 | $201,410 |
| 2016 | $3,125.95 | $191,820 |
| 2015 | $3,124.42 | $191,820 |
| 2014 | $3,290.3 | $190,280 |
| 2013 | $0 | $173,000 |
| 2012 | $2,652.1 | $0 |
| 2011 | $2,654.61 | $0 |
| 2010 | $2,860.37 | $0 |
| 2009 | $2,984.01 | $0 |
| 2008 | $3,738.74 | $0 |
| 2007 | $4,238.76 | $0 |
| 2005 | $1,350.11 | $0 |
| 2004 | $1,427.67 | $0 |
| 2003 | $1,490.42 | $0 |
| 2002 | $1,804.61 | $0 |
| 2001 | $1,794.91 | $0 |
| 2000 | $1,784.9 | $0 |
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