2 Beds   2 Baths   1,218 Sq. Ft.   Multi-Family
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Sun Dial Ct
Cocoa, FL 32926

*Rental Value Coming Soon

Overview

This Multi-Family is located at Sun Dial Ct, Cocoa, FL 32926. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Beds, 2 Baths , 1,218 sqft of living space.
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Status: Inactive
Listing ID: 57474902
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Learn about Sun Dial Ct in Cocoa, FL

This multi-family property is available as a preforeclosure at Sun Dial Ct. It has 2 bedrooms, 2 bathrooms, and 1,218 square feet of living space. Based on our analysis of the current market conditions in Cocoa for Sun Dial Ct and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sun Dial Ct are updated daily along with others in Cocoa, Florida.


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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,218
  • Year Built: 1983
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 1,218 square feet property features 2 beds and 2.0 baths. It is located in Brevard County in the city of Cocoa. Be ready to bid and buy at auction on 03-09-2022. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Day(s) On Site: 745
  • Subdivision: WEST LAKE
  • Property Type: Multi Family Dwelling
  • Deed Category: NFS

Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 462
  • Air Conditioning: DUAL UNIT
  • Construction Type: WOOD/STEEL
  • Exterior Wall Type: PLYWOOD
  • Foundation Type: SLAB
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: HIP
  • Land Area Sqft: 3,920
  • Year Built: 1983
  • Property Type: Single Family Residence
  • APN: 24-35-25--50-00000.0-0009.00
  • Township: UNINCORPORATED
  • Front Footage: 37
  • Depth Footage: 110
  • Living Sqft: 1,218
  • Garage: ATTACHED
  • Subdivision: WEST LAKE

Community & Neighborhood

This property in Cocoa, FL is located in the West Lake Subdivision.


Preforeclosure

The property located at Sun Dial Ct in Cocoa, FL is listed as a Preforeclosure

This listing located at Sun Dial Ct in Cocoa, FL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Cocoa, Florida is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Cocoa, FL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Cocoa, Florida doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction.com Online Auction

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Address: Sun Dial Ct Cocoa FL 32926

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Auction Information

  • Minimum Bid: $100
  • Auction Date: 03-09-2022

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Sun Dial Ct
Cocoa, FL 32926

2 Beds   2 Baths   1,218 sq. ft.   Multi-Family

Active 

Status: Inactive Listing ID: 57474902

Property Information

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Public Records

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Property Description

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