Low fee, low price per foot, real leverage

DIAMOND BAY

Diamond Bay is in Cocoa Beach, Florida. Built 1994. Here is how the neighborhood is laid out and what is on the market right now.

1,511 to 2,505 sq ft
Unit Size
$465,000
Median Sold Price
1994
Year Built
What Diamond Bay actually is

Diamond Bay In Cocoa Beach, Florida

Diamond Bay is a waterfront condominium on Pinellas Avenue in Cocoa Beach, in the 32931 zip code, built in 1994. All three units that came to market in the last twelve months were waterfront.

Units run 1,511 to 2,505 square feet with 2 to 3 bedrooms, at about $264 per square foot. The median sale over the last twelve months was $465,000, in a range from $399,000 to $860,000.

Add those together before you compare this building against another on sale price alone, because the monthly picture is not what the list price suggests.

Three numbers make this worth a look. The price per foot was about $264, among the lowest in the city. And closings landed at about 89 percent of the original asking price after a 102 day median, which is real leverage.

The numbers, in one place

Diamond Bay At A Glance

From the last twelve months of activity at Diamond Bay.

DetailWhat you get
Housing typeCondominium
Unit sizeRoughly 1,511 to 2,505 square feet
Bedrooms2 to 3
Year built1994
Median sold price$465,000
Sold price range$399,000 to $860,000
Price per square footAbout $264 median
Waterfront3 of 3 recent listings
Days on market102 days median, at about 89 percent of original asking price
LocationPinellas Avenue, Cocoa Beach
Where the money goes

Diamond Bay Costs, Honestly

On a condominium the fee is only the first of three questions that decide what you actually pay.

Milestone Inspection And Reserves

Ask before you offer

Florida requires milestone inspections and structural integrity reserve studies for older multi story condominium buildings, and the findings drive both reserve funding and the odds of a special assessment. We request the milestone status, the reserve study and the last two years of board minutes before you go under contract.

Real Negotiating Room

About 89 percent of original list

A 102 day median with closings near 89 percent of the original asking price. That is genuine leverage, and a well supported offer below asking is normal here rather than aggressive.

What you are actually buying

Diamond Bay Features

Low Waterfront Fee

Low Price Per Foot

About $264 per square foot, well below the beachside average.

Every Unit Waterfront

All three recent listings were waterfront.

Real Negotiating Room

Closings near 89 percent of the original asking price after a 102 day median.

Built 1994

Newer than most Cocoa Beach condominium stock.

Units To 2,505 Square Feet

From 1,511 up to 2,505 square feet with two to three bedrooms.

What it costs here

Diamond Bay Price Range

$399,000
Entry
$465,000
Typical
$860,000
Top
Per square footAbout $264

These are the figures the public property records carry for homes in Diamond Bay, not current asking prices, and a single address can sit outside the band for reasons a number will not show you. Call or text (321) 212-7676 and we will price the exact home you are looking at.

See what is actually available

Condos For Sale At Diamond Bay

Live MLS listings filtered to Diamond Bay. This is a single building, so the list is short by definition and turnover is what drives it.

Straight answers

Diamond Bay Frequently Asked Questions

What are the condo fees at Diamond Bay?

Dues and what they cover vary by community and change over time, so I get the current figure, the budget and the reserve study straight from the association before you go under contract.

How much do units sell for at Diamond Bay?

The median closed price over the last twelve months was $465,000, in a range from $399,000 to $860,000, at about $264 per square foot.

How big are the units at Diamond Bay?

Roughly 1,511 to 2,505 square feet with 2 to 3 bedrooms.

When was Diamond Bay built?

In 1994. On a building of that age the milestone inspection and reserve funding are the questions that matter most.

Where Diamond Bay sits

Pinellas Avenue, Cocoa Beach

Diamond Bay sits on Pinellas Avenue in Cocoa Beach, in the 32931 zip code, on the water.

A1A runs north to Cape Canaveral and Port Canaveral and south toward Patrick Space Force Base, with the pier and downtown Cocoa Beach a short drive and SR 520 crossing the causeway west toward I-95.

Cocoa BeachWaterfrontBuilt 1994Low FeeValue Per FootRoom To Negotiate
Buying or selling in Cocoa Beach

Considering Diamond Bay?

Whether you are buying in Diamond Bay or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.