For SaleNeutral Deal6 days on market
5600 N Banana River Blvd APT 31
5600 N Banana River Blvd APT 31, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$159,900
Estimate®:$153,200
Listing Price
5600 N Banana River Blvd APT 31, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
6
Tax Assessed
$133k
Estimate®
$153k
Market Rate
Lot Size
1,307 sqft
Rent Estimate
$1,482/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.
7
Cape View Elementary School
PK-6
1.7 mi away
7
Cocoa Beach Junior/Senior High School
7-12
3.8 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-family complexswimming pooltwo-story architecturebalconystucco exteriorresidential apartment buildingoutdoor patiomanicured lawntropical landscapingfenced pool areasun deckcommunity amenities
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.62%
Total ROI
102.8%
Cash Flow
$53/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $53/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $159,900 | $285 |
| 2008-04-30 | Sold | $98,000 | $175 |
| 2008-03-15 | Price change | $121,500 | $217 |
| 2007-12-24 | Listed for sale | $126,500 | $225 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $465.03 | $52,010 |
| 2024 | $458.99 | $50,550 |
| 2023 | $443.78 | $49,080 |
| 2022 | $404.05 | $47,660 |
| 2021 | $389.75 | $46,280 |
| 2020 | $382.16 | $45,650 |
| 2019 | $372.11 | $44,630 |
| 2018 | $372.11 | $43,800 |
| 2017 | $363.68 | $42,900 |
| 2016 | $357.87 | $42,020 |
| 2015 | $348.61 | $41,730 |
| 2014 | $342.89 | $41,400 |
| 2013 | $0 | $40,790 |
| 2012 | $305.72 | $0 |
| 2011 | $480.68 | $0 |
| 2010 | $511 | $0 |
| 2009 | $594.48 | $0 |
| 2008 | $1,716.64 | $0 |
| 2007 | $1,670.92 | $0 |
| 2005 | $821.26 | $0 |
| 2004 | $739.41 | $0 |
| 2003 | $630.14 | $0 |
| 2002 | $609.81 | $0 |
| 2001 | $543.67 | $0 |
| 2000 | $474.76 | $0 |
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