Living in Florida's Space Coast
SPANISH MAIN
Spanish Main is the early 1970s waterfront condominium on Sunflower Avenue where the monthly fee runs $630 to $700, the lowest of any waterfront building in Cocoa Beach.
Spanish Main In Cocoa Beach, Florida
Spanish Main is a waterfront condominium on Sunflower Avenue in Cocoa Beach, in the 32931 zip code, built across three phases in 1973 and 1974. Five of the six units that came to market in the last twelve months were waterfront.
Units run 1,153 to 1,398 square feet with 2 to 3 bedrooms, at about $466 per square foot. The median sale over the last twelve months was $560,000, in a range from $507,000 to $595,000.
Monthly fees run $630 to $700 a month, and the median annual property tax was $6,505. 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 fee is the headline. At $630 to $700 a month it is the lowest of any waterfront condominium in Cocoa Beach. The units are compact at 1,153 to 1,398 square feet, which pushes the price per foot up to about $466, so you are paying for the position rather than the space.
Spanish Main At A Glance
From the last twelve months of activity at Spanish Main.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 1,153 to 1,398 square feet |
| Bedrooms | 2 to 3 |
| Year built | 1973 to 1974 |
| Median sold price | $560,000 |
| Sold price range | $507,000 to $595,000 |
| Price per square foot | About $466 median |
| Condo fee | $630 to $700 a month |
| Waterfront | 5 of 6 recent listings |
| Property tax | About $6,505 median annual |
| Days on market | 97 days median, at about 97 percent of original asking price |
| Location | Sunflower Avenue, Cocoa Beach |
Spanish Main Costs, Honestly
On a condominium the fee is only the first of three questions that decide what you actually pay.
Monthly Fee
$630 to $700 a month$630 to $700 a month, the lowest of any waterfront building in Cocoa Beach. On a 1973 and 1974 structure a fee that low deserves scrutiny rather than celebration: confirm from the reserve study and the milestone status that it is not being achieved by deferring work.
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.
Moderate Negotiating Room
About 97 percent of original listA 97 day median with closings near 97 percent of asking. Enough room for a considered offer, not enough to lowball.
Spanish Main Features
Lowest Waterfront Fee In Town
$630 to $700 a month, the lowest of any waterfront Cocoa Beach condominium.
Mostly Waterfront
Five of the six recent listings were waterfront.
Compact Units
From 1,153 to 1,398 square feet with two to three bedrooms.
Sellers Hold Firm
Closings at about 97 percent of the original asking price despite a ninety seven day median.
Built 1973 To 1974
An older building, so the milestone inspection and reserve funding are the central questions.
Tight Price Band
Sales ran $507,000 to $595,000, an unusually narrow spread.
Condos For Sale At Spanish Main
Live MLS listings filtered to Spanish Main. This is a single building, so the list is short by definition and turnover is what drives it.
Spanish Main Frequently Asked Questions
What are the condo fees at Spanish Main?
$630 to $700 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
How much do units sell for at Spanish Main?
The median closed price over the last twelve months was $560,000, in a range from $507,000 to $595,000, at about $466 per square foot.
How big are the units at Spanish Main?
Roughly 1,153 to 1,398 square feet with 2 to 3 bedrooms.
When was Spanish Main built?
In 1973 to 1974. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Sunflower Avenue, Cocoa Beach
Spanish Main sits on Sunflower 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 Spanish Main In Cocoa Beach
Considering Spanish Main?
If Spanish Main 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.
