Living in Florida's Space Coast
WATERS EDGE
Waters Edge is the 1979 oceanfront condominium on Atlantic Avenue where all nine recent listings were waterfront and the median sale came in at $540,000.
Waters Edge In Cocoa Beach, Florida
Waters Edge is an oceanfront condominium on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, built in 1979. All nine units that came to market in the last twelve months were waterfront on the Atlantic.
Units run 1,350 to 1,753 square feet with 2 to 3 bedrooms, at about $400 per square foot. The median sale over the last twelve months was $540,000, in a range from $400,000 to $799,000.
Monthly fees run $895 to $1,005 a month, and the median annual property tax was $6,092. 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.
This is one of the more accessible ways onto the Cocoa Beach oceanfront, with a $540,000 median and sales starting at $400,000. The units are modest at 1,350 to 1,753 square feet, and the fee of $895 to $1,005 is on the higher side for that size, which is the honest trade.
Waters Edge At A Glance
From the last twelve months of activity at Waters Edge.
| Detail | What you get |
|---|---|
| Housing type | Condominium |
| Unit size | Roughly 1,350 to 1,753 square feet |
| Bedrooms | 2 to 3 |
| Year built | 1979 |
| Median sold price | $540,000 |
| Sold price range | $400,000 to $799,000 |
| Price per square foot | About $400 median |
| Condo fee | $895 to $1,005 a month |
| Waterfront | 9 of 9 recent listings |
| Property tax | About $6,092 median annual |
| Days on market | 97 days median, at about 95 percent of original asking price |
| Location | Atlantic Avenue, Cocoa Beach |
Waters Edge Costs, Honestly
On a condominium the fee is only the first of three questions that decide what you actually pay.
Monthly Fee
$895 to $1,005 a month$895 to $1,005 a month, which is high relative to unit size. On a 1979 building that fee should be funding a serious reserve schedule, and the reserve study is where you find out whether it is.
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 95 percent of original listA 97 day median with closings near 95 percent of asking. Enough room for a considered offer, not enough to lowball.
Waters Edge Features
Every Unit Oceanfront
All nine recent listings were waterfront on the Atlantic.
Accessible Entry Price
Sales started at $400,000 with a $540,000 median, one of the cheaper routes to direct oceanfront in Cocoa Beach.
Compact Units
From 1,350 to 1,753 square feet, smaller than most of the beachside stock.
Time To Compare
A 97 day median on market, so there is no rush to decide.
Fee Is High For The Size
$895 to $1,005 a month on units under 1,800 square feet. Worth weighing against larger buildings at similar fees.
On Atlantic Avenue
Direct beach access with the pier and downtown a short drive south.
Condos For Sale At Waters Edge
Live MLS listings filtered to Waters Edge. This is a single building, so the list is short by definition and turnover is what drives it.
Waters Edge Frequently Asked Questions
What are the condo fees at Waters Edge?
$895 to $1,005 a month. We review the budget, the reserve study and the milestone inspection status before you commit.
How much do units sell for at Waters Edge?
The median closed price over the last twelve months was $540,000, in a range from $400,000 to $799,000, at about $400 per square foot.
How big are the units at Waters Edge?
Roughly 1,350 to 1,753 square feet with 2 to 3 bedrooms.
When was Waters Edge built?
In 1979. On a building of that age the milestone inspection and reserve funding are the questions that matter most.
Atlantic Avenue, Cocoa Beach
Waters Edge 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, with the pier and downtown Cocoa Beach a short drive and SR 520 crossing the causeway west toward I-95.
Near Waters Edge In Cocoa Beach
Considering Waters Edge?
If Waters Edge 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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