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    492 Dempsey Drive Cocoa Beach, FL 32931

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    Claim this Listing
    Pending
    $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:
    617
    Last Refresh:
    Apr 29 at 6:06 pm

    Property Features for 492 Dempsey Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 2
    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
    Pending
    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
    Electric (Heating), Central
    Cooling system
    Central Air, Varies by Unit, Multi Units, Separate Meters, Electric
    Water source
    Public
    Water front features
    Navigable Water, River Access, Seawall
    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
    • Local Demand
    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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