At $995K for a 1957 waterfront home in a town where median single-family prices sit around $850K, you're paying a premium for riverfront access in a neighborhood skewing toward retirees—which can be either a draw for that lifestyle or a headwind for resale if you're banking on appreciation in a slowly-growing market. The $642/sqft is reasonable for waterfront in Cocoa Beach, but at nearly 70 years old, factor in likely seawall repairs, flood insurance costs, and a thorough inspection of that older structure before committing, since waterfront property maintenance eats into equity fast. Two bedrooms in an aging beachfront cottage is a tight fit for most buyers, so your resale pool will skew toward downsizers and investors rather than families looking to grow into the space.

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