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For SaleCondominium
$469K
604 Shorewood Drive #B503, Cape Canaveral, FL 32920
Cape Canaveral neighborhood
Subdivision: Shorewood Condo Ph III
2
Bedrooms
2
Bathrooms
1,663
Sq Ft
1997
Year Built
$282 /sqft

About This Property

Description from listing agent

MOTIVATED SELLERS!! Own one of the few condos where you can watch SpaceX rockets launch right from the pad on your 5th-floor penthouse balcony! This spacious 2-bedroom, 2-bath penthouse unit features ceilings one foot higher than the lower levels, rare views of the SpaceX launch pad, rocket booster returns, passing cruise ships, Port Canaveral, fireworks at the 4th and New Year's, sunrise & sunset, and even the occasional submarine from your private balcony with an automatic roll-down shade. Side ocean views can be enjoyed from both the front and rear balconies. Inside you'll find an open floor plan, large kitchen, a spacious owner's suite, in-unit washer and dryer, and an private under building 2-car garage. Shorewood is a gated oceanfront community with private beach access, heated pool, spa, sauna, fitness center, clubhouse, tennis, pickleball, BBQ grills, library, and car wash station. Just minutes from Jetty Park, Cocoa Beach, dining and entertainment.

Space Coast Context

🚀 Launch Viewing — Great Views

11 mi from SLC-40

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

Aerospace Commute Guide
Blue Origin5.9 mi~13 min
SpaceX6.3 mi~14 min
Lockheed6.3 mi~14 min
Boeing/KSC8.7 mi~19 min
KSC9.9 mi~22 min
Northrop19.1 mi~43 min
L3Harris21.1 mi~47 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 7/1/26
    Price change
    $469K -2.3%
    $282/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 $469,000 · Cut $10,900 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
0.04 acres (1,742 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$865/mo
Waterfront
Atlantic Ocean
Days on Market
171
MLS Area
271 - Cape Canaveral

Community & HOA

HOA

  • Name: SHOREWOOD CONDOMINIUMS
  • Fee: $865 / monthly

Schools

Elementary

Cape View

Middle School

Cocoa Beach

High School

Cocoa Beach

Financial & Listing Details

Listed
Jan 27, 2026
Parcel #
24-37-14-05-00000.0-0021.00
$469K

Listing Agent (for property info)

M
Melissa Jean Norcross
Launch Realty & Prop Mgmt. LLC
321-328-7030
Call Listing Agent

Estimated Monthly Payment

$3,955/mo
Principal & interest
$2,471
Property taxes
$469
Insurance & HOA
$1,015

Based on a 6.90% rate, 30-year loan, and $469K price — down payment shown: $93,800.

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# 1067689

Interested in this property?

Equal Housing Opportunity

MLS# 1067689 · Listing Broker: Launch Realty & Prop Mgmt. 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.