About 492 Dempsey Drive, Cocoa Beach, Florida, 32931
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.
Pets Allowed : Yes
Utilities : Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source : Public
Sewer Source : Public Sewer
Parking Features: Attached, Garage
2 Garage Spaces
Fencing : Back Yard, Chain Link, Privacy, Wood, Fenced
Exterior Features: Dock
Lot Features : Cul-De-Sac, Corner Lot, Few Trees, Dead End Street
Patio And Porch Features : Covered, Deck, Front Porch, Patio, Rear Porch
Road Frontage Type : City Street
Road Surface Type : Paved
Architectural Style : Contemporary, Multi Generational, Other
Current Use : Investment, Multi-Family, Hotel/Motel, Residential
Pool Features: In Ground
Cooling: Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Split System
Heating : Central, Electric
Construction Materials: Block, Frame, Stucco
Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, In-Law Floorplan, Open Floorplan, Primary Downstairs, Primary Bathroom - Shower No Tub, Guest Suite
Fireplace Features: Wood Burning
Fireplaces Total : 1
Appliances : Dryer, Disposal, Dishwasher, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Flooring : Laminate, Tile
Levels : Two
LaundryFeatures : In Garage, Lower Level
Other Structures: Shed(s)
Water BodyName: Canal Navigational to Banana River
Pets Allowed : Yes
Utilities : Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source : Public
Sewer Source : Public Sewer
Parking Features: Attached, Garage
2 Garage Spaces
Fencing : Back Yard, Chain Link, Privacy, Wood, Fenced
Exterior Features: Dock
Lot Features : Cul-De-Sac, Corner Lot, Few Trees, Dead End Street
Patio And Porch Features : Covered, Deck, Front Porch, Patio, Rear Porch
Road Frontage Type : City Street
Road Surface Type : Paved
Architectural Style : Contemporary, Multi Generational, Other
Current Use : Investment, Multi-Family, Hotel/Motel, Residential
Pool Features: In Ground
Cooling: Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Split System
Heating : Central, Electric
Construction Materials: Block, Frame, Stucco
Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, In-Law Floorplan, Open Floorplan, Primary Downstairs, Primary Bathroom - Shower No Tub, Guest Suite
Fireplace Features: Wood Burning
Fireplaces Total : 1
Appliances : Dryer, Disposal, Dishwasher, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Flooring : Laminate, Tile
Levels : Two
LaundryFeatures : In Garage, Lower Level
Other Structures: Shed(s)
Water BodyName: Canal Navigational to Banana River

Street Address: 492 Dempsey Drive
City: Cocoa Beach
State: Florida
Postal Code: 32931
County: Brevard
Directions: A1A to 3rd st North. Head West to Cedar. turn right then left on Dempsey head west last house on the Left

Property Information :
Listing Status: Active
Size: 2,919 Sqft
Lot Size: 0.26 Acres
MLS #: 1022709
Bedrooms: 5 bd
Bathrooms: 4 ba
Price: $1,390,000
Tax Amount: 7413.99
Construction Status: Built in 1957
Last Modified : Nov 9 2025 8:35AM

Courtesy of: Pamela Durkin, Coconut Properties Fl Real Est (MLS# spc.o3843)
Source MLS: SCAR