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For SaleCondominium
$490K
5350 Ocean Beach Boulevard #207, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Ola Grande Condo
2
Bedrooms
2
Bathrooms
1,206
Sq Ft
1974
Year Built
$406 /sqft

About This Property

Description from listing agent

Direct Oceanfront 2BR/2BA | Short-Term Rentals Allowed | Steps to Cocoa Beach Pier! Live or Invest Beachfront! Updated & Furnished 2BR/2BA in Ola Grande, Cocoa Beach Welcome to your own slice of paradise at Unit 207, Ola Grande. A stunning 2 bedroom 2 bath condo with 1,206 sq ft of living space. This oceanfront gem is ready for you or your guests. This beautifully updated condo delivers the perfect blend of coastal comfort, investment opportunity, & Florida lifestyle....all in one! Located directly on the Ocean Tastefully updated kitchen & baths. Ceramic tile & laminate floors throughout. All furnishings included Major recent upgrades New water heater (2023) • New electric panel (2022) • Hurricane-rated sliding doors (2021) • Roof with TPO membrane installed July 2023 (assessment paid) • HVAC installed in 2018 Whether you're looking for a full-time residence, a weekend getaway,or a profitable short-term rental, this condo offers it all. Owners can have a dogNot renter

Space Coast Context

🚀 Launch Viewing — Great Views

13.6 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin8.3 mi~18 min
SpaceX8.8 mi~20 min
Lockheed8.9 mi~20 min
Boeing/KSC10.9 mi~24 min
KSC11.9 mi~27 min
Northrop16.6 mi~37 min
L3Harris18.6 mi~41 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AO — High Risk (Sheet Flow)

Sheet flow flooding on sloping terrain. Flood insurance required for federally-backed mortgages.

Estimated flood insurance: $1,500 – $4,500 / 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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.4% above median
Median comparable close: $465,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.4% of list price
At that rate, a competitive offer ≈ $467,294
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 7 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
HOA Fee
$900/mo
Waterfront
Atlantic Ocean
Days on Market
266
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Oct 28, 2025
Parcel #
24-37-26-Cg-00114.0-0002.07
$490K

Listing Agent (for property info)

L
Laura L. Greene
HomeSmart Coastal Realty
321-848-3125
Call Listing Agent

Estimated Monthly Payment

$4,121/mo
Principal & interest
$2,581
Property taxes
$490
Insurance & HOA
$1,050

Based on a 6.90% rate, 30-year loan, and $490K price — down payment shown: $97,980.

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# 1060650

Interested in this property?

Equal Housing Opportunity

MLS# 1060650 · Listing Broker: HomeSmart Coastal Realty · 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.