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$1,670,000
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Property Description
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. The 600 sq ft deck 2021 is a Fabulous place to take in the beautiful sunsets over the park, river and islands. The HVAC and duct work replaced, all new stainless-steel appliances and gas stove 2020, beautiful cabinets and well-designed bathroom.
Full Property Details
Full Property Details for 492 Dempsey Dr
General
- Price: $1,670,000
- Taxes: $7,413 (2022)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1022709
- Updated: 2/1/2025
- Added to Site: 170 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, In-Law Floorplan, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Garage, Lower Level
Additional Information
- Pool: Yes
- Pool Description: In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Dock
- Porch/Patio/Deck: Covered, Deck, Front Porch, Patio, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- Area: 272 - Cocoa Beach
- County: Brevard
- Subdivision: Convair Cove
- Driving Directions: A1A to 3rd st North. Head West to Cedar. turn right then left on Dempsey head west last house on the Left
- Direction Faces: North
School Information
- Elementary School: Roosevelt
- Middle School: Cocoa Beach
- High School: Cocoa Beach
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Split System
- Heating Type: Central, Electric
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Contemporary, Multi Generational, Other
- Exterior Const.: Block, Frame, Stucco
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 2,919
- Living Area: 2,919 Sq. Ft.
- Current Bldg. Use: Hotel/Motel, Investment, Multi-Family, Residential
- Year Built: 1957
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Canal, Pool, River
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Few Trees
- Fencing (Description): Back Yard, Chain Link, Fenced, Privacy, Wood
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Canal Navigational to Banana River
Financial Considerations
- Price Per Sq. Ft.: $572.11
- Tax Amount: $7,413.99
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: CONVAIR COVE LOT 75
- Property ID: 25-37-10-75-00000.0-0075.00
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Schools
Schools serving 492 Dempsey Dr
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1400 Minutemen Cswy, Cocoa Beach, FL 32931 | PK-6 | 0.8 mi | |
1500 Minutemen Cswy, Cocoa Beach, FL 32931 | 7-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 492 Dempsey Dr
Date
Details
Price
Change
Source
12/06/2024
Price Reduced
$1,670,000
-4.52%
MLS
9/17/2024
Price Reduced
$1,749,000
-5.41%
MLS
8/20/2024
Price Increased
$1,849,000
2.72%
MLS
8/19/2024
Listed
$1,800,000
313.79%
MLS
9/04/2020
Sold
$435,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 492 Dempsey Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,172
10%
$513,360
15%
2023
$7,414
-16%
$447,120
-28%
2022
$8,873
13%
$617,400
30%
2021
$7,854
—
$476,400
10%
2021
$7,854
17%
$433,100
10%
2019
$6,691
—
$393,730
2%
2018
$6,686
7%
$385,000
10%
2017
$6,276
10%
$350,000
13%
2016
$5,681
9%
$309,800
10%
2015
$5,216
9%
$282,510
10%
2014
$4,793
—
$255,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 492 Dempsey Dr
492 Dempsey Drive, Cocoa Beach, FL 32931 (MLS# 1022709) is a Single Family property with 5 bedrooms and 4 full bathrooms. 492 Dempsey Drive is currently listed for $1,670,000 and was received on August 19, 2024. Want to learn more about 492 Dempsey Drive? Do you have questions about finding other Single Family real estate for sale in Cocoa Beach? You can browse all Cocoa Beach real estate or contact a Coldwell Banker agent to request more information.