At $235/sqft for a waterfront unit, you're getting meaningful savings compared to Cocoa Beach's oceanfront pricing while still holding Indian River frontage—the real question is whether a 1986 condo's bones will hold up given that age and whether the building's reserve fund is solid (no HOA listed is unusual and worth verifying). The location puts you steps from the revitalized Cocoa Village walkability, but Highway 1 frontage means traffic noise and less of that quiet waterfront feel—this is urban waterfront, not a secluded retreat. For aerospace professionals or buyers betting on Cocoa's continued downtown momentum, it could be a smart play, but the per-sqft pricing doesn't feel like a bargain once you factor in the building age and Highway 1 exposure.

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