At $2/sqft, this 1979 waterfront unit is priced well below the median condo sale in Cocoa Beach ($375K–$412K), which should raise questions about its condition—buildings from that era typically need significant reserve funding for structural repairs, and you'll want a thorough inspection before committing. The lack of HOA is a rare plus for a waterfront condo, but that also means you're entirely responsible for your share of building maintenance and any special assessments, which can be substantial on older oceanfront properties. Given that the median buyer here is in their 60s and cash purchases dominate the market, this property may appeal mainly to investors or cash buyers comfortable taking on renovation risk.

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