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For SaleCondominium
$785K
2001 Julep Drive #206- 3rd Floor, 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

Riverfront living takes center stage in this top floor panoramic-view condo overlooking the scenic Intracoastal, where every detail is designed for comfort, beauty & ease. Behind 32ft of waterfrontage is a brand-new AC to keeps things crisp, while 10' ceilings, crown molding, & impact-rated windows w/ timeless plantation shutters elevate every space. 8' sliders--outfitted w/ electric blinds--open wide to a breezy balcony perfect for soaking in those endless water views. The kitchen shines w/ quartz counters, KitchenAid & Whirlpool appliances, a GE fridge & breakfast bar, while hardwood floors add warmth to the dining & living areas. All bedrooms feature en-suite baths, including a luxe primary suite w/ double-door entry, built-in closets, marble-floored bath, jetted tub & glass shower. Enjoy the ease of fresh paint, full laundry w/ sink & 3 garage spaces (32, 33, 34). The amenity-rich & SIRS complete building offers a spa, pool, gym, clubhouse, elevator & sunset dock.

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
  • 6/27/26
    Price change
    $785K -1.8%
    $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

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $785,000 · Cut $14,000 total
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
166
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
Feb 2, 2026
Parcel #
25-37-26-25-0000h.0-0007.12
$785K

Listing Agent (for property info)

D
DeWayne Carpenter
Compass Florida, LLC
321-214-8400
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# 1068230

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Equal Housing Opportunity

MLS# 1068230 · Listing Broker: Compass Florida, 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.