Newer building, lower fee, higher tax

MAJESTIC SEAS

Majestic Seas is the 1996 oceanfront condominium on Ocean Beach Boulevard where all nine recent listings were waterfront, the fee is under $800, and buyers had real room on price.

1,564 to 2,445 sq ft
Unit Size
$700,000
Median Sold Price
1996
Year Built
$778 to $793 a month
Condo Fee
What Majestic Seas actually is

Majestic Seas In Cocoa Beach, Florida

Majestic Seas is an oceanfront condominium on Ocean Beach Boulevard in Cocoa Beach, in the 32931 zip code, built in 1996. All nine units that came to market in the last twelve months were waterfront on the Atlantic.

Units run 1,564 to 2,445 square feet with 2 to 3 bedrooms, at about $406 per square foot. The median sale over the last twelve months was $700,000, in a range from $590,000 to $1,000,000.

Monthly fees run $778 to $793 a month, and the median annual property tax was $8,581. 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.

The interesting tension here is between a low fee and a high tax bill. At $778 to $793 a month it is one of the cheaper oceanfront buildings to belong to, but the $8,581 median annual tax is among the highest condominium bills in Cocoa Beach. Look at the two together rather than either alone.

The numbers, in one place

Majestic Seas At A Glance

From the last twelve months of activity at Majestic Seas.

DetailWhat you get
Housing typeCondominium
Unit sizeRoughly 1,564 to 2,445 square feet
Bedrooms2 to 3
Year built1996
Median sold price$700,000
Sold price range$590,000 to $1,000,000
Price per square footAbout $406 median
Condo fee$778 to $793 a month
Waterfront9 of 9 recent listings
Property taxAbout $8,581 median annual
Days on market77 days median, at about 91 percent of original asking price
LocationOcean Beach Boulevard, Cocoa Beach
Where the money goes

Majestic Seas Costs, Honestly

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

Monthly Fee

$778 to $793 a month

Among the lowest oceanfront fees in Cocoa Beach at $778 to $793. On a 1996 building that is plausible rather than alarming, but it is still worth confirming that reserves are funded to the level the reserve study calls for.

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 91 percent of original list

A 77 day median with closings near 91 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

Majestic Seas Features

Every Unit Oceanfront

All nine recent listings were waterfront on the Atlantic.

Built 1996

Newer than most of the Cocoa Beach oceanfront stock, which skews to the 1970s and 1980s.

Low Fee For Oceanfront

$778 to $793 a month, among the lowest direct oceanfront fees in the city.

Real Negotiating Room

A 77 day median with closings near 91 percent of the original asking price.

Large Two And Three Bedrooms

From 1,564 up to 2,445 square feet.

High Tax Bill

An $8,581 median annual tax, among the highest of any Cocoa Beach condominium.

See what is actually available

Condos For Sale At Majestic Seas

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

Straight answers

Majestic Seas Frequently Asked Questions

What are the condo fees at Majestic Seas?

$778 to $793 a month. We review the budget, the reserve study and the milestone inspection status before you commit.

How much do units sell for at Majestic Seas?

The median closed price over the last twelve months was $700,000, in a range from $590,000 to $1,000,000, at about $406 per square foot.

How big are the units at Majestic Seas?

Roughly 1,564 to 2,445 square feet with 2 to 3 bedrooms.

When was Majestic Seas built?

In 1996. On a building of that age the milestone inspection and reserve funding are the questions that matter most.

Where Majestic Seas sits

Ocean Beach Boulevard, Cocoa Beach

Majestic Seas sits on Ocean Beach Boulevard in Cocoa Beach, in the 32931 zip code, directly on the Atlantic.

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 BeachOceanfrontBuilt 1996Low FeeRoom To NegotiateAll Ages
Talk to a local

Considering Majestic Seas?

If Majestic Seas is on your list, my partner Nichole and I are the agents to call. We sell Cocoa Beach every week, we know these buildings and these streets, and we will tell you straight whether a place is priced right. Reach out anytime at (321) 212-7676.