About This Property
Description from listing agentProven oceanfront short-term rental generating nearly $88k in annual gross income & approx $51k in net revenue (before mortgage)-a rare opportunity on the Space Coast where legal vacation rentals are exceptionally limited. This unique 4-level, 2-bed, 2-bath condo offers direct beach access & breathtaking Atlantic views. A private first-floor bedroom opens to an oceanfront patio, creating the ideal guest retreat. The 2nd level features a bright kitchen w/ SS appliances, white cabinetry, dining area, built-in workstation & west-facing balcony. The dramatic 3rd-floor living room showcases soaring vaulted wood-plank ceilings, exposed beams, rich wood flooring & a wall of glass framing endless ocean views + an oceanfront balcony. The loft-style primary suite occupies the top floor w/ an ensuite bath. Multiple balconies, abundant natural light & an unforgettable oceanfront setting have made this an established, income-producing vacation rental as well as a remarkable personal coastal retreat
Space Coast Context
🚀 Launch Viewing — Fair Views
36 mi from SLC-40
36 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
High-velocity coastal zone with wave action. Strictest building requirements and highest insurance costs.
Estimated flood insurance: $4,000 – $12,000+ / 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
- 6/30/26Listed$750K$423/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: Opus 21 Townhouse Condo Association
- Fee: $1,075 / monthly
Schools
Elementary
Gemini
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,952
- Property taxes
- $750
- Insurance & HOA
- $1,225
Based on a 6.90% rate, 30-year loan, and $750K price — down payment shown: $150,000.
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.
