Living in Florida's Space Coast
XANADU
Xanadu is the 1983 oceanfront condominium on Atlantic Avenue where units start at 1,761 square feet, the fee is a flat $995, and closings landed at about 91 percent of the original asking price.
Xanadu In Cocoa Beach, Florida
Xanadu is an oceanfront condominium on Atlantic Avenue in Cocoa Beach, in the 32931 zip code, built in 1983. Thirteen units came to market in the last twelve months and all thirteen were waterfront.
The units are large. Nothing here is under 1,761 square feet and the top reaches 2,630, with two to three bedrooms. At about $319 per square foot it is one of the better values per foot among oceanfront Cocoa Beach buildings, because you are buying more space rather than a higher price point.
The fee is a flat $995 a month across the building. Median annual tax was $7,101, which is on the higher side and worth running into your monthly before you fall for a unit.
Xanadu also gives a buyer more room than most beachside buildings: a 94 day median on market with closings at about 91 percent of the original asking price.
Xanadu At A Glance
From the last twelve months of activity at Xanadu.
| Detail | What you get |
|---|---|
| Housing type | Oceanfront condominium |
| Unit size | Roughly 1,761 to 2,630 square feet |
| Bedrooms | 2 to 3 |
| Year built | 1983 |
| Median sold price | $659,000 |
| Sold price range | $530,000 to $1,200,000 |
| Price per square foot | About $319 median, among the best value per foot on the beach |
| Condo fee | $995 monthly |
| Waterfront | All thirteen recent listings |
| Property tax | About $7,101 median annual |
| Days on market | 94 days median, at about 91 percent of original asking price |
| Location | Atlantic Avenue, Cocoa Beach, 32931 |
Xanadu Costs, Honestly
Good space per dollar, but check the building before the unit.
Flat Monthly Fee
$995One number across the building rather than tiers. On a 1983 oceanfront structure the real question is whether that fee funds reserves adequately or whether a special assessment is on the horizon.
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 91 percent of original listA 94 day median and closings near 91 percent of asking. There is time here to see multiple units and make a considered offer.
Xanadu Features
Large Units Only
Nothing under 1,761 square feet traded here, with the top at 2,630.
Best Value Per Foot Oceanfront
About $319 per square foot, low for a direct oceanfront Cocoa Beach building.
Every Unit Waterfront
All thirteen recent listings were oceanfront.
Flat Fee Structure
A single $995 monthly figure across the building.
Time To Decide
A 94 day median means you are not forced into a same day decision.
On Atlantic Avenue
Direct beach access with the pier and downtown a short drive away.
Condos For Sale At Xanadu
Live MLS listings filtered to Xanadu. Units here sit longer than the Cocoa Beach average, so there is usually more than one to compare.
Xanadu Frequently Asked Questions
What are the condo fees at Xanadu in Cocoa Beach?
A flat $995 a month. We review the budget, reserve study and milestone inspection status before you commit.
How much do units sell for at Xanadu?
The median closed price over the last twelve months was $659,000, in a range from $530,000 to $1,200,000, at about $319 per square foot.
How big are Xanadu units?
Roughly 1,761 to 2,630 square feet with two to three bedrooms. Nothing smaller trades in this building.
Is Xanadu oceanfront?
Yes. All thirteen units that came to market in the last twelve months were waterfront on the Atlantic.
Can you negotiate at Xanadu?
Yes. A 94 day median on market with closings near 91 percent of the original asking price gives a buyer real room.
Atlantic Avenue, Cocoa Beach
Xanadu 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 downtown Cocoa Beach and the pier a short drive and SR 520 crossing the causeway west toward I-95.
Near Xanadu In Cocoa Beach
Considering Xanadu?
If Xanadu 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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