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For SaleCondominium
$319K
115 N Indian River Drive #202, Cocoa, FL 32922
Cocoa neighborhood
Subdivision: 115 River Drive Condo Ph I
2
Bedrooms
2
Bathrooms
1,388
Sq Ft
1977
Year Built
$230 /sqft

About This Property

Description from listing agent

Have you been driving by this community waiting for one of the DIRECT Riverfront Villa style units to come available? For under 320k?? Now is your chance! This is not just a multiple balcony waterfront villa-style condo with phenomenal river views, LUSH landscaping, its a Lifestyle! Just one block to downtown Historic Cocoa Village with a myriad of restaurants, shopping, cafes and a waterfront park and concert venue. 115 Indian River Drive community has a beautiful pool, pickleball, tennis, shuffleboard AND a waterfront clubhouse on the River with Boat slips available! Enjoy a fantastic floor plan with two private terraces (waterfront screened) for amazing sunrises over the river! This unit comes just in time to enjoy the Indian River Drive holiday golf cart parade!

Space Coast Context

🚀 Launch Viewing — Great Views

16.8 mi from SLC-40

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

Aerospace Commute Guide
KSC11.8 mi~26 min
Boeing/KSC12.1 mi~27 min
SpaceX13 mi~29 min
Lockheed13.4 mi~30 min
Blue Origin14.1 mi~31 min
Northrop17.1 mi~38 min
L3Harris18.8 mi~42 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
  • 9/13/26
    Listed
    $319K
    $230/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
No reductions
Listed price has not changed since hitting the market
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
0.11 acres (4,792 sqft)
Full Baths
2
Stories
2
HOA Fee
$825/mo
Waterfront
Indian River
Days on Market
10
MLS Area
213 - Mainland E of US 1

Community & HOA

HOA

  • Name: 115 Indian River Drive
  • Fee: $825 / monthly

Schools

Elementary

Cambridge

High School

Cocoa

Financial & Listing Details

Listed
Oct 1, 2026
Parcel #
24-36-33-00-00032.2-0000.00
$319K

Listing Agent (for property info)

W
William Andersen
Atlantic Group Real Estate
617-699-1523
Call Listing Agent

Estimated Monthly Payment

$2,975/mo
Principal & interest
$1,681
Property taxes
$319
Insurance & HOA
$975

Based on a 6.90% rate, 30-year loan, and $319K price — down payment shown: $63,800.

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# 1087494

What's Nearby

libraries
Brevard County Library System Headquarters
0.1 mi away
fire stations
Cocoa Fire / Rescue Station 1
0.2 mi away
government
City of Cocoa - City Hall
0.3 mi away
libraries
Florida Historical Society Alma Clyde Field Library of Florida
0.3 mi away
restaurants
Papa John's
0.3 mi away
restaurants
Dunkin'
0.4 mi away
restaurants
TyEd's Teahouse
0.5 mi away
coffee shops
TyEd's Teahouse
0.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087494 · Listing Broker: Atlantic Group Real Estate · 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.