Living in Florida's Space Coast
RIVER BEND
River Bend is the 2001 waterfront condominium on Atlantic Avenue where three bedroom units run 2,050 to 2,450 square feet and traded at about $189 a square foot, the lowest in Cocoa Beach.
River Bend In Cocoa Beach, Florida
River Bend is a waterfront condominium on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, built in 2001. All four units that came to market in the last twelve months were waterfront.
Units run 2,050 to 2,450 square feet with 3 to 3 bedrooms, at about $189 per square foot. The median sale over the last twelve months was $415,000, in a range from $400,000 to $450,000.
Monthly fees run $860 a month, and the median annual property tax was $4,662. 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 value here is unusual. Every unit is a three bedroom over 2,000 square feet, and the median sale was $415,000, which works out to about $189 per square foot. That is the lowest price per foot of any building in Cocoa Beach or Cape Canaveral, roughly half what most beachside buildings command.
River Bend At A Glance
From the last twelve months of activity at River Bend.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 2,050 to 2,450 square feet |
| Bedrooms | 3 to 3 |
| Year built | 2001 |
| Median sold price | $415,000 |
| Sold price range | $400,000 to $450,000 |
| Price per square foot | About $189 median |
| Condo fee | $860 a month |
| Waterfront | 4 of 4 recent listings |
| Property tax | About $4,662 median annual |
| Days on market | 60 days median, at about 90 percent of original asking price |
| Location | Atlantic Avenue, Cocoa Beach |
River Bend Costs, Honestly
On a condominium the fee is only the first of three questions that decide what you actually pay.
Monthly Fee
$860 a monthA flat $860 a month across the building. On a 2001 structure the pressing structural questions of the 1970s towers do not apply in the same way, though the reserve study is still worth reading.
Milestone Inspection And Reserves
Ask before you offerFlorida 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 90 percent of original listA 60 day median with closings near 90 percent of the original asking price. That is genuine leverage, and a well supported offer below asking is normal here rather than aggressive.
River Bend Features
Lowest Price Per Foot Anywhere
About $189 per square foot, the lowest of any building in Cocoa Beach or Cape Canaveral.
Three Bedrooms Over 2,000 Square Feet
Every unit runs 2,050 to 2,450 square feet with three bedrooms.
Built 2001
Newer than most Cocoa Beach condominium stock, which skews to the 1970s and 1980s.
Every Unit Waterfront
All four recent listings were waterfront.
Flat Fee
A single $860 monthly figure across the building rather than tiers.
Room To Negotiate
Closings near 90 percent of the original asking price after a sixty day median.
Condos For Sale At River Bend
Live MLS listings filtered to River Bend. This is a single building, so the list is short by definition and turnover is what drives it.
River Bend Frequently Asked Questions
What are the condo fees at River Bend?
$860 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
How much do units sell for at River Bend?
The median closed price over the last twelve months was $415,000, in a range from $400,000 to $450,000, at about $189 per square foot.
How big are the units at River Bend?
Roughly 2,050 to 2,450 square feet with 3 to 3 bedrooms.
When was River Bend built?
In 2001, newer than most of the Cocoa Beach condominium stock.
Atlantic Avenue, Cocoa Beach
River Bend sits on Atlantic 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.
Near River Bend In Cocoa Beach
Considering River Bend?
If River Bend 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.
