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492 Dempsey Drive, Cocoa Beach, FL 32931

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For Sale

$1,670,000

5 beds • 4 baths • 2,919 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $572.11
    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

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CENTURY 21 Ocean

(321) 323-1212
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† 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.

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