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For SaleSingle Family Home
$800K
308 Formosa Drive, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Cocoa Isles 8th Addn
4
Bedrooms
3
Bathrooms
2,083
Sq Ft
1962
Year Built
$384 /sqft

About This Property

Description from listing agent

Don't miss this extraordinary, turnkey property, in the heart of downtown Cocoa Beach, perfect as a vacation rental, second home or primary residence! This 4 bedroom, 3 full bathroom, concrete block home offers everything you need for a tropical escape or everyday retreat. With a unique open floor plan and a spacious private swimming pool, its ideal for family gatherings. The fenced backyard will keep your pets and children safe as you enjoy the sunshine! Sitting on a 3rd of an acre corner lot, the home features stunning quartz countertops, custom open shelves and an oversized pool and deck. The thoughtful layout includes a private owner's suite with a fireplace and French doors leading to the pool. Just 2 blocks from the beach and within walking distance to popular restaurants, you're only 5 minutes from Ron Jon Surf Shop, 15 minutes to Port Canaveral and 30 minutes to the Kennedy Space Center. Orlando International Airport and Disney world are both about an hour away. Schedule today

Space Coast Context

🚀 Launch Viewing — Great Views

16.5 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin11 mi~25 min
SpaceX11.7 mi~26 min
Lockheed11.7 mi~26 min
Boeing/KSC13.5 mi~30 min
Northrop13.8 mi~31 min
KSC14.3 mi~32 min
L3Harris15.7 mi~35 min

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

Date
Event
Price
  • 10/29/25
    Listed
    $800K
    $384/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)

Price vs. Comparable Sales
8.0% below market
Median comparable close price: $870,000
Typical Offer Discount
96.8% of list price
At that rate, a competitive offer ≈ $774,193
Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.27 acres (11,761 sqft)
Full Baths
3
Garage
2 car (attached)
Fireplaces
1
Pool
Yes
Days on Market
231
MLS Area
272 - Cocoa Beach

Schools

Elementary

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Nov 5, 2025
Parcel #
25-37-10-03-0000n.0-0001.00
$800K

Listing Agent (for property info)

J
Jenny M. DePalma
Dale Sorensen Real Estate Inc.
321-313-0135
Call Listing Agent

Estimated Monthly Payment

$5,165/mo
Principal & interest
$4,215
Property taxes
$800
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $800K price — down payment shown: $160,000.

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# 1061401

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Equal Housing Opportunity

MLS# 1061401 · Listing Broker: Dale Sorensen Real Estate Inc. · 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.