About This Property
Description from listing agentAffordable waterfront living at its best! This 3rd floor, 2 bedroom 2 bath condo sits directly on the Indian River Lagoon in Castaway Cove. Imagine watching dolphins play in the water below while you have your morning coffee on your balcony overlooking the river. Open layout with plenty of natural light and stunning views with tile flooring throughout provide low maintenance resort style living. Enjoy the sparkling pool or launch your kayak or paddleboard from the nearby public launch. Covered parking and elevators allow peace of mind and ease of access, and the HOA covers water, sewer, trash and pest control. Close to shopping, restaurants and schools, this condo offers convenience as well as the Florida lifestyle you've been looking for.
Space Coast Context
🚀 Launch Viewing — Fair Views
35.9 mi from SLC-40
35.9 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / 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
- 6/19/26Price change$246K -2.0%$215/sqft
- 6/10/26Price change$251K -2.0%$219/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.
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: MRS Management IncView HOA Profile →
- Fee: $680 / monthly
Schools
Elementary
Palm Bay Elem
Middle School
Stone
High School
Palm Bay
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,296
- Property taxes
- $246
- Insurance & HOA
- $830
Based on a 6.90% rate, 30-year loan, and $246K price — down payment shown: $49,180.
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.
