Listing provided courtesy of Coconut Properties Fl Real EstMLS# 1022709MLS Provider
  • 678 days on site
  • 6 views

Price Correction! Priced to Sell!! 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: 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.

Source: Brevard Space Coast MLS, MLS#: 1022709

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  • Property Type
    Residential
  • Lot
    0.26 acres

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  • Median Age
    58
  • Population Density
    692
  • College Educated
    55%
  • Estimated Median Income
    $67,894
  • Estimated Total Home Owners
    5,339
  • Estimated Total Renters
    2,112
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    14,131
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 492 Dempsey Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/28/2026Source: Brevard Space Coast MLS Status Change
Pending
4/28/2026Source: Brevard Space Coast MLS Status Change
Pending
8/19/2025Source: Brevard Space Coast MLS Price Reduction
$1,390,000 -7.3%
8/19/2025Source: Brevard Space Coast MLS Price Reduction
$1,390,000 -7.3%
7/29/2025Source: Brevard Space Coast MLS Price Reduction
$1,500,000 -5.7%
7/29/2025Source: Brevard Space Coast MLS Price Reduction
$1,500,000 -5.7%
3/14/2025Source: Brevard Space Coast MLS Price Reduction
$1,590,000 -4.2%
3/14/2025Source: Brevard Space Coast MLS Price Reduction
$1,590,000 -4.2%
2/8/2025Source: Brevard Space Coast MLS Price Reduction
$1,660,000 -0.6%
2/8/2025Source: Brevard Space Coast MLS Price Reduction
$1,660,000 -0.6%
12/6/2024Source: Brevard Space Coast MLS Price Reduction
$1,670,000 -4.5%
11/25/2024Source: Brevard Space Coast MLS Price Reduction
$1,670,000 -4.5%