About This Property
Description from listing agent***Investor Alert*** Rare opportunity to transform this DIRECT Banana River front ground-floor condo into a standout waterfront residence or seasonal rental. This unit is ready for a full renovation and offers excellent upside potential in one of Cocoa Beach's most desirable riverfront communities. The living area and primary suite both open to wide water views and spectacular sunset exposure, and each bedroom features its own full bath. Major community improvements are already complete, including balconies, railings, walkways, and a NEW ROOF (2026). HOA includes cable, internet, water, trash, exterior maintenance, and pest control. Resort-style amenities span 6 riverfront acres with boat slips, launch access, clubhouse, fitness center, heated pool, lakes, fountains, and lush tropical landscaping. Located minutes from Downtown Cocoa Beach dining, festivals, and the ocean. 3-month minimum rental policy supports seasonal income potential. Strong value-add waterfront opportunity.
Space Coast Context
🚀 Launch Viewing — Great Views
17.9 mi from SLC-40
17.9 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood Risk
Flood zone data not yet available for this listing. Check FEMA Flood Map
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 4/16/26Listed$225K$181/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
Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)
See & adjust the 1 comparable sale used
Uncheck any home you don't consider comparable — the median updates instantly.
The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Showcase Prioperty Mgmt
- Fee: $662 / monthly
Schools
Elementary
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,185
- Property taxes
- $225
- Insurance & HOA
- $812
Based on a 6.90% rate, 30-year loan, and $225K price — down payment shown: $45,000.
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.
