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492 Dempsey Drive Cocoa Beach, FL 32931

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For Sale
$1,390,000

MULTI_FAMILY - Cocoa Beach, FL

Property size:
2,919 SF
Lot size:
0.26 Acres
Added:
Aug 21, 2024
Days on Market:
591
Last Refresh:
Apr 3 at 9:06 pm

Property Features for 492 Dempsey Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 5
Parking features
Garage
Pool private
1
Exterior features
Dock, Impact Windows
Fencing
Fenced, Chain Link
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Standard status
Active
APN
25-37-10-75-00000.0-0075.00
Size
2,919 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2022
Tax Description
CONVAIR COVE LOT 75
Tax Annual Amount
7414

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Multi Units, Electric, Varies by Unit, Separate Meters, Central Air
Water source
Public
Water front features
Seawall, River Access, Navigable Water
Water front
1

Building Details

Year built
1957
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate
Building materials
Block, Frame, Stucco
Roof type
Metal

We can help!

Listing Contact
Pamela G Durkin

Listing agent Pamela G Durkin License #678538

Listing office Coconut Properties Fl Real Est 35 S Atlantic Ave., Cocoa Beach, FL

Listing date Aug 21, 2024

MLS# 1022812 Listing URL

Copyright © 2026 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.


Overview

Cocoa Beach Multifamily Property

This Cocoa Beach multifamily property, constructed in 2022, has been completely renovated with new plumbing, electric systems, walls, headers, beams, spray foam insulation, and impact windows and sliders. It essentially functions as two separate homes with individual electric meters, offering flexibility as a five-bedroom residence or two distinct living spaces. The downstairs unit features three bedrooms and three bathrooms, while the upstairs unit includes two bedrooms and one bathroom. The property is currently used as an Airbnb. Located just six blocks from the beach and adjacent to a riverfront park, it offers unobstructed river and island views. Its proximity to downtown Cocoa Beach provides convenient access to shopping, restaurants, stores, a library, and a post office. The property also boasts deep water access to the open river. The main home's first floor was gutted and rebuilt to code, with new beams and headers added in the living room, garage, and Florida room. The Florida room was rebuilt, and a hurricane-rated garage door was installed. The bathroom walls are insulated for sound, and the first-floor roof is insulated with Icynene foam. The HVAC system was replaced with new ductwork. The Florida room features a wood-burning fireplace and a mini-split air conditioning system. The kitchen is equipped with quartz countertops, stainless steel appliances, and cabinets. The exterior was stuccoed and painted. The upstairs apartment was remodeled in 2016, and a 600-square-foot deck was added in 2021, offering sunset views over the park, river, and islands. The apartment's HVAC and ductwork were replaced in 2023, and new stainless-steel appliances with a gas stove were installed in 2020.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
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City
Cocoa Beach
County
Brevard
State
Florida
Longitude
-80.616155
Latitude
28.323813

FAQs

What type of property is this?
Duplex - Remodeled multifamily property near the beach, suitable for various uses.
Where is this duplex located?
The property is located at 492 Dempsey Drive Cocoa Beach, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Essentially two homes: Downstairs (3 bedrooms, 3 baths) and Upstairs (2 bedrooms, 1 bath) with separate electric meters, ideal for rental income, multi‑generational living, or Airbnb.; Prime location: Only 6 blocks to the beach and next door to a riverfront park with unobstructed river and island views.; Boater's dream: Enjoy deep water access to the open river.
More about this property
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