About This Property
Description from listing agentPenthouse Perfection with Panoramic Banana River Views. Three Bedrooms • Three Baths • Welcome to an exquisite penthouse residence that blends timeless elegance with modern luxury. This exceptional three-bedroom, three-bath home features 10-foot ceilings, impact-rated windows, and plantation shutters throughout, showcasing superior craftsmanship and thoughtful design. Step inside to discover expansive living areas adorned with beautiful crown molding and new architectural laminate flooring. The gourmet kitchen is a chef's dream, offering granite countertops, premium stainless steel appliances, and abundant cabinetry that pairs style with function. The master suite is a serene retreat, featuring a sliding door to the balcony, built-in closets with custom organizers, and a luxurious bath complete with a jetted tub and glass-enclosed shower. Every element has been designed for comfort, sophistication, and ease of living. Relax and unwind on the private screened patio....
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.
Estimates only — verify with Google Maps.
Flood Risk
Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.
Estimated flood insurance: $2,000 – $6,000+ / 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
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Magnolia Bay Condominium MBCOAPRES@Gmail.com
- Fee: $845 / monthly
Schools
Elementary
Roosevelt
Middle School
Cocoa Beach
High School
Cocoa Beach
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,767
- Property taxes
- $715
- Insurance & HOA
- $995
Based on a 6.90% rate, 30-year loan, and $715K price — down payment shown: $142,980.
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.
