427 Brightwaters Drive, Cocoa Beach, Fl 32931, FL427 Brightwaters Drive, Cocoa Beach, Fl 32931, FL427 Brightwaters Drive, Cocoa Beach, Fl 32931, FL
Stellar MLS
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$1,350,000

427 Brightwaters Drive, Cocoa Beach, Fl 32931

Cocoa Beach, FL 32931

Listing updated: May 27, 2026 at 5:32 PM ET

Pending
Listing courtesy of Denovo Realty · Tamara Crisafulli · MLS #1076887 · Pending · 321-237-1887
5
Beds
5
Baths
3,003
Sq Ft
0.28
Acres
1966
Built
WaterfrontPrivate pool$450/sqft
Single Family Residence

Property type

1966

Year built

12,196.8 sqft

Lot size

$450

Price / sq ft

No HOA

HOA dues

2

Garage spaces

About this home

This is the Cocoa Beach lifestyle people dream about! Perfectly positioned on a deep-water canal with direct access to the Banana River and just minutes to the locks and open ocean, this beautifully remodeled pool home delivers the ultimate luxury beach living. Spend your days boating to waterfront restaurants, enjoying sunset cruises or biking to the beach while experiencing everything that makes the Space Coast so special. Thoughtfully updated throughout, the property features an extensive list of upgrades including a metal roof, updated plumbing, new AC system, water heater, electrical panel, and a pavered circular driveway that creates incredible curb appeal. Step outside into your private waterfront retreat showcasing a brand-new pool completed in 2025, low-maintenance turfed yard space, a new seawall and dock, and a 10,000 lb boat lift ready for endless days on the water. Designed with both entertaining and privacy in mind, this spacious home offers en suite bathrooms for every bedroom along with multiple gathering spaces ideal for hosting family and guests. Luxury waterfront living, beachside convenience, and boating access all come together in this unforgettable Cocoa Beach home.

Local Insight

At $1.35M for a 1966 waterfront home, you're paying a 65% premium over Cocoa Beach's median single-family price ($815K–$875K), which reflects both waterfront scarcity and the property's pool—but at $450/sqft, it's worth stress-testing whether the bones justify the ask for a nearly 60-year-old structure in a market where buyer pools skew older and cash-heavy. The 0.28-acre lot is tight even for beachfront, so seriously evaluate flood insurance costs, storm surge history, and what "waterfront" specifically means here (direct ocean access, inlet, or canal) before committing. This is a trophy location play rather than a value play, so your exit strategy and rental potential matter as much as the property condition itself.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$6,826
Property taxes$1,238
Home insurance (est.)$619

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history

  1. Price increased$1,350,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Pending
Subdivision
Venetian Way Sec 3
County
Brevard
Year built
1966
Living area
3,003 sq ft
Price/sq ft
$450
Building area
0 sq ft
Lot size
12,196.8 sq ft
Garage
2 spaces
Pool
Private pool
MLS #
1076887

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Interior Details

Bedrooms
5
Full bathrooms
4
Half bathrooms
1

Parking

Garage spaces
2

Exterior & Construction

Pool
Private pool
Waterfront
Yes

Listing Details

Original list price
$1,350,000

Location

Property sale history

Public records

427 BRIGHTWATERS DR, COCOA BEACH 32931

  • Jun 2025$1,000,000
  • Jun 2024$610,000

3,003 sq ft · Built 1966 · 0.2800 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 27, 2026 at 5:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

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© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

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