Skip to main content
Back to Search Results
|

492 Dempsey Drive, Cocoa Beach, FL 32931

Show All 53 Photos
For Sale

$1,660,000

5 beds • 4 baths • 2,919 sqft

Estimated Payment

$ 9,240 /mo. †

6.76% APR for 30 yrs.
$7,413 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $568.69
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

New construction 2022, gutted to the studs, new plumbing, new electric, new walls, headers, beams, spray foam insulation, impact windows and sliders, see feature sheet, essentially 2 homes on separate electric meters. Consider it as a 5 bedroom home or two homes. Downstairs 3 bedrooms, 3 baths and Upstairs 2 bedrooms, 1 bath. Whatever you decided to use this property for you will not be disappointed. It would serve beautifully as a family home with extra income from the upstairs apartment, adult children still living at home, a second home, or Airbnb. A fabulous location, only 6 blocks to the beach and next door to a riverfront park for added unobstructed views of the river and islands! Currently being used as an Airbnb! The walkability to downtown Cocoa Beach with shopping, restaurants, stores, library, post office, etc. makes it more desirable. Quiet and tucked away yet so close to all that Cocoa Beach has to offer! Boaters Dream: Deep water and easy access to the open river!! 492 Dempsey Drive's main home is a two-year-old home as of 2022! The concrete walls were left up and the roof was left on as the work began! The first floor of this beautiful home was completely gutted, reframed, rebuilt to code by a local reputable General Contractor. New beams and headers were added in the main living room, garage and Florida room. The Florida room exterior walls were taken down and replaced. The entire home has impact windows and sliders. The garage door is a hurricane rated door. The bathroom walls were insulated with Fi-Foil for sound and the roof of the first floor was insulated with Icynene foam. The cast iron plumbing was removed and re-piped throughout the home. The old electrical was completely removed and all new electrical was installed. The HVAC was replaced, and all new duct work was installed. The Florida room/ family room features a wood burning fireplace and a separate Mini-Split Air Conditioning. The Kitchen is designed beautifully with quartz countertop, stainless steel appliances and beautiful cabinets. The exterior was stucco and painted. Everything mentioned in this paragraph took place and was replaced new in 2022. The apartment upstairs was completely remodeled in 2016, and a new 600 square foot deck was installed 2021! The deck is a fabulous place to take in the beautiful sunsets over the park, river and islands. The HVAC and duct work replaced 2023, all new stainless-steel appliances with gas stove 2020, beautiful cabinets and well-designed bathroom.
MLS# 1022812

Courtesy Of Coconut Properties Florida Real Estate, Inc.

(321) 431-4135

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Water Front
  • Appliances
    Cooktop, Cooktop - Electric, Cooktop - Gas, Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate, Tile
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.26 Acres
  • Roof Type
    Metal
  • View Type
    Water

Map and Directions

Directions to 492 Dempsey Drive, Cocoa Beach, FL 32931

Home seller CENTURY 21 Ocean

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Ocean

(321) 323-1212
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $8,622
  • Property Taxes
    $617
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $9,240

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Theodore Roosevelt Elementary School

Grades KG-6 Public School

Cocoa Beach, FL 32931 0.8 miles
1400 minutemen cswy

263 total students
12:1 Student teacher ratio

School Rating: A+

School Details

Cocoa Beach Junior/senior High School

Grades 7-12 Public School

Cocoa Beach, FL 32931 1 miles
1500 minutemen cswy

964 total students
20:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Freedom 7 Elementary School Of International Studies 0.9 miles Public KG-6 A+
Project Search 2.5 miles Public 12
Our Saviour School 3 miles Private KG-8
In His Steps Learning Academy Inc 4 miles Private 1-8
Jefferson Middle School 4.4 miles Public 7-8 C+
Cape View Elementary School 4.9 miles Public PK-6 C+
Audubon Elementary School 5 miles Public PK-6 A-
Tropical Elementary School 5 miles Public KG-6 A-
Edgewood Jr/sr High School 5.5 miles Public 7-12 A+

Freedom 7 Elementary School Of International Studies

Distance: 0.9 miles

Type Public

Grades: KG-6

A+

Project Search

Distance: 2.5 miles

Type Public

Grades: 12

Our Saviour School

Distance: 3 miles

Type Private

Grades: KG-8

In His Steps Learning Academy Inc

Distance: 4 miles

Type Private

Grades: 1-8

Jefferson Middle School

Distance: 4.4 miles

Type Public

Grades: 7-8

C+

Cape View Elementary School

Distance: 4.9 miles

Type Public

Grades: PK-6

C+

Audubon Elementary School

Distance: 5 miles

Type Public

Grades: PK-6

A-

Tropical Elementary School

Distance: 5 miles

Type Public

Grades: KG-6

A-

Edgewood Jr/sr High School

Distance: 5.5 miles

Type Public

Grades: 7-12

A+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Cocoa Beach, FL 32931

Tour the area

Schedule a
tour with a
personal guide

Cocoa Beach, FL 32931

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

88° August
Hottest Average Month
53° January
Coldest Average Month
8,806 Total Households in Area
4.6% Increase in population since the year 2010
11.7%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Cocoa Beach, FL 32931

Cocoa Beach, FL 32931 has a population of 15,812 people in 8,806 households with a median age of 58.8 years old.

4.6%
Increase in population
since the year 2010
Population is Trending up
8,164
Total households as of 2010
5.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 58.8 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 88%
Hispanic 6%
Asian 2%
Other 1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 88%, followed by Hispanic at 6%, Asian at 2%, and Other at 1%.

Economics
for Cocoa Beach, FL 32931

676 /sq mi
Population Density
$78,984 /yr
Median Household Income
$545,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 14.72% of the households.

Transportation to Work

  • Drive 75%
  • Work from Home 21%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 6,424 52%
Vacant 3,662 29%
Rented 2,382 19%

White vs Blue Collar Jobs







White Collar 84%
Blue Collar 16%

Family & Education Facts
for Cocoa Beach, FL 32931

58.8 Median Age

Average Household Size

1.8
persons per
household

42.6%

Married Households

Community Population By Education

Bachelors Degree 29%
Some College 24%
Graduate Degree 20%
High School Graduate 16%
Associates Degree 8%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 29.14% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
11.7% of households have children

Weather
for Cocoa Beach, FL 32931

The weather for this area ranges from a high of 88° F in August to a low of 53° F in January

88° August
Hottest Average Month
53° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
53°
70°
Feb
54°
71°
Mar
58°
75°
Apr
63°
79°
May
69°
83°
Jun
73°
87°
Jul
74°
88°
Aug
74°
88°
Sep
74°
86°
Oct
69°
82°
Nov
61°
76°
Dec
55°
71°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Cocoa Beach, FL 32931!
Explore more local area information

An Equal Opportunity Company

Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading