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For SaleCondominium
$588K
188 Pinellas Lane #301b, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Diamond Bay Condo
3
Bedrooms
3
Bathrooms
2,068
Sq Ft
1994
Year Built
$284 /sqft

About This Property

Description from listing agent

Beautifully updated waterfront 3 Bedroom, 2.5 Bath third floor corner unit, with 2,068 sq ft under air. Spacious private balcony features ocean to river breezes, tranquil river views, and RARE deeded boat slip. No waitlist needed! Updated kitchen, with new KitchenAid stainless appliances, recessed lighting, updated fixtures, backsplash, hardware, and fresh paint. Custom wine/coffee bar with floating shelves and waterfall granite. New A/C (2023) and tankless water heater (2025). New carpet in all three bedrooms and living room. Interior doors replaced with smooth 2-panel doors and chrome hardware; updated ceiling fans throughout. Spacious laundry room (approximately 10'4''x8'0'') with dog-washing station. Community upgrades include new composite boat dock (2026), 2025 garage door, recent exterior painting, strong reserves, and passed structural inspections; roof work planned with a 20-year warranty. Two garage parking spaces and secure lobby access complete this move-in-ready home.

Space Coast Context

🚀 Launch Viewing — Great Views

14.8 mi from SLC-40

14.8 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
Blue Origin9.5 mi~21 min
SpaceX10 mi~22 min
Lockheed10.1 mi~23 min
Boeing/KSC11.9 mi~27 min
KSC12.8 mi~29 min
Northrop15.4 mi~34 min
L3Harris17.4 mi~39 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 10/10/26
    Price change
    $588K -1.7%
    $284/sqft
  • 9/15/26
    Listed
    $598K
    $289/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $597,500 · Cut $10,000 total
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • ✓Same property type, always (single family, condo, townhouse, etc.)
  • ✓Single-story homes compared only to single-story (and multi to multi)
  • ✓Exact bedroom count
  • ✓Bathrooms within ±0.5
  • ✓Garage spaces within ±1
  • ✓Pool status must match
  • ✓Waterfront status must match
  • ✓HOA must match (HOA community vs. no HOA)
  • ✓Price within ±5–20% of list price (tightest in early tiers)
  • ✓Square footage within ±10–25% (tighter in early tiers)
  • ✓Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.07 acres (3,049 sqft)
Full Baths
2
Half Baths
1
Garage
2 car
HOA Fee
$785/mo
Waterfront
Banana River
Days on Market
27
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

  • Name: Diamond Bay
  • Fee: $785 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Sep 15, 2026
Parcel #
24-37-34-1a-0301b.0-0000.00
$588K

Listing Agent (for property info)

B
Barbara Schluraff
Century 21 Ocean
321-209-1481
Call Listing Agent

Estimated Monthly Payment

$4,618/mo
Principal & interest
$3,095
Property taxes
$588
Insurance & HOA
$935

Based on a 6.90% rate, 30-year loan, and $588K price — down payment shown: $117,500.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1087646

What's Nearby

shopping
7-Eleven
0.2 mi away
restaurants
Jimmy John's
0.2 mi away
restaurants
Taco Bell
0.2 mi away
restaurants
Dairy Queen
0.3 mi away
restaurants
Subway
0.3 mi away
grocery
Publix
0.4 mi away
restaurants
McDonald's
0.4 mi away
grocery
Winn-Dixie
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087646 · Listing Broker: Century 21 Ocean · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.