At $1,350 for a 1-bed/1-bath triplex unit from 1956, you're looking at a property that's roughly 70% below the current median condo price in Cocoa Beach ($375K–$412K), which demands scrutiny about structural condition, deferred maintenance, and what's driving that $3/sqft valuation in a market where median home values sit around $478K. The neighborhood skews older (median age 59.8) and cash-heavy (60% of condo deals), so liquidity could be tight if you need to exit—and with condo reserves climbing as buyers price in inspection costs, this 1956 unit's reserve fund status and any outstanding special assessments are critical to understand before committing. Location-wise, you're in walkable Cocoa Beach proper, but the price suggests either a seriously distressed property or a value trap, so get a thorough structural and mechanical inspection done.

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