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7040 Highway 1

Cocoa, FL 32927

2 bd 2 ba 1,002 sqft Built 1989 Lot 3,920 sqft condos
Most recent sale
$255,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2025 Listing removed $1,800 SpaceCoast
Jun 17, 2022 Sold $255,000 MLS #932228
Apr 27, 2022 Price changed $264,000 MLS #932228
Apr 15, 2022 Listed $269,000 MLS #932228
Apr 10, 2022 Listed $269,000 MLS #931746
Mar 20, 2022 Listed $269,000 MLS #930004
Mar 18, 2021 Price changed $189,999 MLS #891143
Jan 17, 2021 Price changed $194,999 MLS #891143
Nov 25, 2020 Listed $199,999 MLS #891143
Aug 28, 2006 Sold $180,000 MLS #426861
May 8, 2006 Listed $189,900 MLS #426861
Jan 16, 2004 Sold $110,000 Public Record
Jun 19, 2002 Sold $82,000 Public Record
Jun 16, 1999 Sold $62,000 Public Record
Dec 7, 1995 Sold $63,000 Public Record
May 1, 1990 Sold $70,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $69,880 $812
2020 $68,920 $780
2019 $67,380 $741
2018 $66,130 $744
2017 $64,770 $748
2016 $63,440 $757
2015 $63,000 $63,000 $770
2014 $63,000 $778
2013 $63,000 $796
2012 $72,610 $634
2011 $72,610 $634
2010 $77,480 $641
2009 $103,030 $1,012
2008 $126,000 $1,381
2007 $149,000 $1,933

Property facts

Year built
1989
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,002 sqft
Lot size
3,920 sqft
ZIP code
32927
City
Cocoa
Street
Highway 1
Coordinates
28.48218, -80.77034

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,854
Gross rental yield
8.72%
Implied cap rate
5.67%
Trend-extrapolated value

Frequently asked questions

When did 7040 Highway 1 last sell?
7040 Highway 1 most recently sold on Jun 17, 2022 for $255,000.
What is the current tax assessment for 7040 Highway 1?
The most recent total assessment for 7040 Highway 1 (year 2021) is $69,880 with $812 in property tax.
How does 7040 Highway 1's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $255,000.
When was 7040 Highway 1 built?
7040 Highway 1 was built in 1989.
How does 7040 Highway 1 compare to others on Highway 1?
We track 8 other properties on Highway 1. Browse the list under "Other properties on Highway 1" to compare beds, baths, and sale history.
What are the property facts for 7040 Highway 1?
7040 Highway 1 is a 2 bed, 2 bath, 1,002 sqft, 3,920 sqft lot condos.
Is 7040 Highway 1 a flip candidate?
No — 7040 Highway 1 does not appear in our flips dataset.
Is 7040 Highway 1 a tax-appeal candidate?
No — 7040 Highway 1 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$319K
2026 Q4
$318.2K
ZIP 32927 — Median Price History + Forecast

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