$1,660,000

492 Dempsey Dr Cocoa Beach, FL 32931

$10,000
Closing credit¹
5 beds
4 full
2,919 sqft
0.3 acres
$569 / sqft
Multi-Family

Property details

About 492 Dempsey Dr

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, and a new 600 square foot deck was installed 2021! The deck is a fabulous place to take in the beautiful sunsets over the park, river and islands. The HVAC and duct work replaced 2023, all new stainless-steel appliances with gas stove 2020, beautiful cabinets and well-designed bathroom.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric, Multi Unit(s), Separate Meters, Varies By Unit, Split System
Size2,919 sqft
Lot size0.26 Acres
Year built1957
ParkingAttached,Garage
MLS #1022812
Attached garage2 spaces
WaterfrontCanal, Navigable Water, River Access, Seawall
FireplaceWood Burning
ViewCanal, Pool, Water

Virtual tour

Summary

  • MLS Number: 1022812
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Coconut Properties Fl Real Est
  • Office Phone: (321) 613-5950
  • Office Email: admin@coconutproperties.net
  • Listing Agent: Pamela G Durkin

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view featuring a water view

$1,660,000

492 Dempsey Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 10, 2020
Home Sold
$435,000

Tax history

YearAssessmentProperty Tax
2023$447,120$7,413
2022$617,400$8,872
2021$476,400$8,872
2020$433,100$7,203
2019$393,730$6,686
2018$385,000$6,275
2017$350,000$6,275

History based on county public records data.

Nearby schools

9

Theodore Roosevelt Elementary School

Public District KG-6

0.8 mi

1400 Minutemen Cswy

10

Freedom 7 Elementary School of International Studies

Public District KG-6

0.9 mi

400 S 4th St

5

Cape View Elementary School

Public District PK-6

4.9 mi

8440 Rosalind Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,551. The most common annual income of people living in Cocoa Beach, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

32%
<35k
55%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
7%
Single, with Kids
18%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
52%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 492 Dempsey Dr in Cocoa Beach, FL and zip code 32931 in the Convair Cove neighborhood. This 2,919 square foot home, which was built in 1957, sits on a 0.26 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,660,000.

In January 2025, from all listings sold in Cocoa Beach, FL there were more than 0 sold above asking price, over 20 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Cocoa Beach, FL between December and January 2025 increased by 21.7%. The median list price of listings available in January 2025 was $473,000, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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