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For SaleCondominium
$385K
402 N 1st Street #10, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Lookout Point Apts Condo
2
Bedrooms
3
Bathrooms
1,279
Sq Ft
1983
Year Built
$301 /sqft

About This Property

Description from listing agent

Rise to coffee on the screened porch, relax to sunset cruises from your private boat slip, and groove to live music just a stroll away. This fully updated waterfront unit in the heart of Cocoa Beach delivers coastal living without compromise. Inside, the open floorplan shines with new tile flooring, updated appliances, breakfast bar seating, and a cozy wood burning fireplace. Both upstairs bedrooms offer comfort and privacy, with the primary featuring a private balcony and his and hers closets. Two full baths plus a half bath downstairs make hosting easy. Cast a line right from your boat slip, or explore the Banana River with navigable canal access and a community dock. Everything Cocoa Beach is known for is walkable: the beach, dining, nightlife, and local favorites. Six month minimum rental, maximum lifestyle.

Space Coast Context

🚀 Launch Viewing — Great Views

16.9 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin11.5 mi~26 min
SpaceX12.1 mi~27 min
Lockheed12.2 mi~27 min
Northrop13.3 mi~30 min
Boeing/KSC14 mi~31 min
KSC14.7 mi~33 min
L3Harris15.3 mi~34 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer

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

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $385,000
Typical Offer Discount
94.9% of list price
At that rate, a competitive offer ≈ $365,553
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
0.08 acres (3,485 sqft)
Full Baths
2
Half Baths
1
Fireplaces
1
HOA Fee
$695/mo
Waterfront
Yes
Days on Market
56
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

  • Name: Lookout Point Condo Association
  • Fee: $695 / monthly

Schools

Elementary

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
May 21, 2026
Parcel #
25-37-10-00-00757.9-0000.00
$385K

Listing Agent (for property info)

S
Shane Burgman
Real Broker LLC
321-499-2969
Call Listing Agent

Estimated Monthly Payment

$3,258/mo
Principal & interest
$2,028
Property taxes
$385
Insurance & HOA
$845

Based on a 6.90% rate, 30-year loan, and $385K price — down payment shown: $77,000.

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# 1077942

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Equal Housing Opportunity

MLS# 1077942 · Listing Broker: Real Broker LLC · 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.