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For SaleCondominium
$785K
2001 Julep Drive #206, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Magnolia Bay Condo Ph I
3
Bedrooms
3
Bathrooms
2,455
Sq Ft
2006
Year Built
$320 /sqft

About This Property

Description from listing agent

Top-floor riverfront living with sweeping panoramic views of the Intracoastal and 32 feet of waterfront frontage. This beautifully maintained residence combines generous proportions, thoughtful upgrades and an effortless waterfront lifestyle. Soaring 10-foot ceilings, crown molding, hardwood floors and impact-rated windows with plantation shutters create a timeless, sophisticated feel throughout. Eight-foot sliders with electric shades open to an expansive balcony--the perfect place to enjoy the breeze, watch the boats go by and take in spectacular sunsets over the water. The kitchen is finished with quartz countertops, a breakfast bar and KitchenAid, Whirlpool and GE appliances, opening naturally to the dining and living spaces. Each bedroom offers the privacy of an en-suite bath, while the spacious primary suite features double-door entry, custom built-in closets and a marble-floored bath with a jetted tub and glass-enclosed shower.

Space Coast Context

🚀 Launch Viewing — Great Views

19.2 mi from SLC-40

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

Aerospace Commute Guide
Northrop11 mi~25 min
L3Harris13 mi~29 min
Blue Origin13.5 mi~30 min
SpaceX14.4 mi~32 min
Lockheed14.4 mi~32 min
Boeing/KSC16.3 mi~36 min
KSC17 mi~38 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal 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

Date
Event
Price
  • 9/10/26
    Listed
    $785K
    $320/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
12.1% above median
Median comparable close: $700,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.3% of list price
At that rate, a competitive offer ≈ $771,755
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales 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.

Additional Details

Lot Size
0.03 acres (1,307 sqft)
Full Baths
3
Garage
3 car (attached)
HOA Fee
$845/mo
Waterfront
Banana River
Days on Market
1
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

  • Name: MAGNOLIA BAY CONDO ASSOCIATION
  • Fee: $845 / monthly

Schools

Elementary

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Sep 10, 2026
Parcel #
25-37-26-25-0000h.0-0007.12
$785K

Listing Agent (for property info)

S
Stephanie Moss Dandridge
One Sotheby's International
321-243-1218
Call Listing Agent

Estimated Monthly Payment

$5,916/mo
Principal & interest
$4,136
Property taxes
$785
Insurance & HOA
$995

Based on a 6.90% rate, 30-year loan, and $785K price — down payment shown: $157,000.

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.

MLS# 1087242

What's Nearby

schools
Freedom 7 Elementary School
1.7 mi away
schools
Defense Equal Opportunity Management Institution
2.0 mi away
shopping
Food & Beverage
2.1 mi away
government
Patrick AFB Post Office
2.2 mi away
fire stations
Cocoa Beach Fire Department Station 51
2.2 mi away
government
Cocoa Beach City Hall
2.2 mi away
movie theaters
Patrick Sharkatorium
2.2 mi away
restaurants
Wahoo Coffee
2.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087242 · Listing Broker: One Sotheby's International · 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.