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For SaleCondominium
$675K
2815 S Atlantic Avenue #505, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Waters Edge Apts Condo
2
Bedrooms
2
Bathrooms
1,350
Sq Ft
1979
Year Built
$500 /sqft

About This Property

Description from listing agent

THE BEST OF BOTH WORLDS! Oceanfront living plus a deeded dock with river access in sought-after Water's Edge East. Exceptional, rare, meticulously maintained and coastal-perfect 2BR/2BA open-concept condo offering serene water views and an unbeatable Space Coast lifestyle. Enjoy private beach access steps from a heated pool & spa, or your deeded river dock, a feature seldom found with oceanfront condos. Primary suite features sliders to ocean views. Oversized balcony with panoramic views offers front-row rocket launches. Completely turnkey with gorgeous updates, in-unit washer/dryer, and tankless water heater. Peaceful, refined, and beautifully cared for. Attached covered garage with ample storage. Minutes to downtown Cocoa Beach, dining, shopping & entertainment. Come see for yourself! You will not be disappointed!!

Space Coast Context

🚀 Launch Viewing — Great Views

19.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.6 mi~24 min
L3Harris12.6 mi~28 min
Blue Origin13.9 mi~31 min
SpaceX14.8 mi~33 min
Lockheed14.8 mi~33 min
Boeing/KSC16.8 mi~37 min
KSC17.5 mi~39 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
  • 6/9/26
    Price change
    $675K -1.5%
    $500/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
15.4% above median
Median comparable close: $585,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.3% of list price
At that rate, a competitive offer ≈ $663,347
Price Reductions
1 reduction
Originally listed at $674,900 · Cut $10,000 total
See & adjust the 3 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
0.04 acres (1,742 sqft)
Full Baths
2
Garage
1 car
HOA Fee
$1005/mo
Waterfront
Atlantic Ocean
Days on Market
170
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

  • Name: Waters Edge Association
  • Fee: $1,005 / monthly

Schools

Elementary

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jan 29, 2026
Parcel #
25-37-26-51-0000f.0-0002.33
$675K

Listing Agent (for property info)

N
Natalie B Russo
Keller Williams Space Coast
856-745-6419
Call Listing Agent

Estimated Monthly Payment

$5,386/mo
Principal & interest
$3,556
Property taxes
$675
Insurance & HOA
$1,155

Based on a 6.90% rate, 30-year loan, and $675K price — down payment shown: $134,980.

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# 1067949

Interested in this property?

Equal Housing Opportunity

MLS# 1067949 · Listing Broker: Keller Williams Space Coast · 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.