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For SaleCondominium
$675K
2022 Julep Drive #105, Cocoa Beach, FL 32931
Cocoa Beach neighborhood
Subdivision: Magnolia Bay Condo Ph III
3
Bedrooms
3
Bathrooms
2,108
Sq Ft
2007
Year Built
$320 /sqft

About This Property

Description from listing agent

Nature enthusiasts will love this serene and beautifully appointed 3-bedroom, 3-bath condo, offered fully furnished. Enjoy spectacular Banana River sunsets from your private lanai w/ electric hurricane shutters and screen. Built in 2007 w/ refined craftsmanship, this residence features 10' ceilings, crown molding, plantation shutters, new ceramic tile flooring (2022), designer lighting, A/C (2025), and porcelain countertops in the kitchen, pantry, and baths. The gourmet kitchen includes all new appliances Bosch induction range, Bosch dishwasher (2025) plus a custom walk-in pantry w/ wine refrigerator. Resort-style amenities include a heated pool, updated clubhouse, fitness center, and hot tub. Additional perks: a private enclosed garage and oversized powered storage unit ideal for bikes, kayaks, and gear. The community has strong reserves and passed all structural inspections. Ideally located just steps to the ocean, dining, a bike ride to downtown Cocoa Beach, Country Club, and more.

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 Origin13.6 mi~30 min
SpaceX14.4 mi~32 min
Lockheed14.5 mi~32 min
Boeing/KSC16.4 mi~37 min
KSC17.1 mi~38 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Price History

Date
Event
Price
  • 12/1/25
    Listed
    $675K
    $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

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
11.8% below market
Median comparable close price: $765,000
Typical Offer Discount
99.4% of list price
At that rate, a competitive offer ≈ $670,617
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
3
Total Rooms
7
Garage
1 car
HOA Fee
$875/mo
Waterfront
Banana River
Days on Market
208
MLS Area
272 - Cocoa Beach

Community & HOA

HOA

  • Name: Magnolia Bay Condominium mbcoapres@gmail.com
  • Fee: $875 / monthly

Schools

Elementary

Roosevelt

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Dec 1, 2025
Parcel #
25-37-26-27-00000.0-0003.33
$675K

Listing Agent (for property info)

O
Olivia Capizzi
Keller Williams Space Coast
321-208-4390
Call Listing Agent

Estimated Monthly Payment

$5,256/mo
Principal & interest
$3,556
Property taxes
$675
Insurance & HOA
$1,025

Based on a 6.90% rate, 30-year loan, and $675K price — down payment shown: $135,000.

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# 1063191

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Equal Housing Opportunity

MLS# 1063191 · 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.