Stonewood Towers is the 1980 oceanfront condominium on Atlantic Avenue where fourteen units came to market in the last twelve months, all of them waterfront, at a $639,000 median.
Stonewood Towers is an oceanfront condominium on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, built in 1980. All fourteen units that came to market in the last twelve months were waterfront.
It is one of the more liquid buildings in the city. Fourteen listings and eleven closings in twelve months is high turnover for a single Cocoa Beach building, which means there is usually something available and there are real comparables to price against.
Units run 1,317 to 2,170 square feet with two to three bedrooms, at about $410 per square foot. The median sale was $639,000 in a range from $500,000 to $960,000. Monthly fees run $806 to $947 and the median annual tax bill was $5,924.
Homes here moved in a median of 47 days at about 94 percent of the original asking price, which gives a buyer moderate room without the long waits some beachside buildings require.
From the last twelve months of activity at Stonewood Towers.
| Detail | What you get |
|---|---|
| Housing type | Oceanfront condominium |
| Unit size | Roughly 1,317 to 2,170 square feet |
| Bedrooms | 2 to 3 |
| Year built | 1980 |
| Median sold price | $639,000 |
| Sold price range | $500,000 to $960,000 |
| Price per square foot | About $410 median |
| Condo fee | $806 to $947 monthly |
| Waterfront | All fourteen recent listings |
| Property tax | About $5,924 median annual |
| Days on market | 47 days median, at about 94 percent of original asking price |
| Location | Atlantic Avenue, Cocoa Beach, 32931 |
On a 1980 oceanfront building the fee is only part of the question.
Mid range for oceanfront Cocoa Beach. What matters more than the number is what it funds and whether reserves are keeping pace with a building that is over forty years old.
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.
A 47 day median with closings near 94 percent of asking. Enough turnover here that you can compare several units rather than taking the first one.
All fourteen recent listings were waterfront on the Atlantic.
Fourteen listings and eleven closings in twelve months, so there is usually inventory and there are real comparables.
From 1,317 up to 2,170 square feet.
$806 to $947 a month, moderate for an oceanfront Cocoa Beach building.
Direct beach access with downtown Cocoa Beach a short drive south.
Three of the recent listings referenced private pool access alongside the community amenities.
Live MLS listings filtered to Stonewood Towers. This building turns over more than most on the beach, so the list is rarely empty.
Between $806 and $947 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
The median closed price over the last twelve months was $639,000, in a range from $500,000 to $960,000, at about $410 per square foot.
Yes. All fourteen units that came to market in the last twelve months were waterfront on the Atlantic.
In 1980. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Roughly 1,317 to 2,170 square feet with two to three bedrooms.
Stonewood Towers sits on Atlantic Avenue 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. The pier and downtown Cocoa Beach are a short drive, and SR 520 crosses the causeway west toward I-95.
If Stonewood Towers 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.
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