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1277 S Orlando Ave Unit 4b
D Composite 43.48
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +12.9/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • Schools +4.7/10.0
  • DSCR +3.9/10.0
  • Livability +3.6/5.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$279,950

1277 S Orlando Ave Unit 4b · Cocoa Beach, FL 32931
2 bd · 2.0 ba · 1,113 sqft · Condo public records · 27 Days on market
Built 1985 $555/mo HOA · 20% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

Key facts

  • Ample closet space
  • En-suite bath
  • Essential appliances

Tags

GROUND-FLOOR UNITGARDEN-STYLE UNITOVERSIZED LIVING AREASAMPLE CLOSET SPACEEN-SUITE BATHESSENTIAL APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $280k.

Deal economics

  • At list price, monthly cash flow is $-88 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $264k (5.6% below list).
  • Meets the 1% rule at list price ($3k rent vs $280k).
  • Recommended offer: $264k (5.6% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 71/100 on livability (#398 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A, employment B; Watch: cost of living C-, amenities F, commute F.
  • Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Theodore Roosevelt Elementary School (math 67% / reading 77%, grade A-, #288 of 2,144 statewide, top 15%, 288 students, 40% FRL); Cocoa Beach Junior/Senior High School (math 65% / reading 66%, grade B, #75 of 667 statewide, top 11%, 982 students, 30% FRL).
  • Zoned-school proficiency averages 69% at this address vs 55% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Brevard average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising fast (+4.1%/yr); 319 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($89k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($276k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $264,344 (5.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.00%
Cap rate
6.20%
Cash-on-cash
-0.34%
DSCR
0.99
GRM
8.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.07% rent growth · sell at horizon

5-year hold
IRR
-17.0%
Equity multiple
0.39×
Total profit
$-47,675
Equity at exit
$41,741
10-year hold
IRR
-6.6%
Equity multiple
0.55×
Total profit
$-34,887
Equity at exit
$24,205

Cash invested: $78,386 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 32931

Rents YoY
4.1%
Active inventory
319
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$2,802 high interval (Pro) →
Mortgage (P&I)
$1,468
Tax from tax record
$95 /mo · $1,146/yr
Insurance
$117
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$555
Vacancy / Maint / Mgmt
$588
Net cashflow
$-88

Break-even live

Break-even rent $2,914
Max offer price $264,344
Occupancy floor 98%

Sensitivity live

Price -10% $70 -5% $-9 +0% $-88 +5% $-168 +10% $-247
Rent -10% $-310 -5% $-199 +0% $-88 +5% $22 +10% $133
Rate -1.0pp $53 -0.5pp $-17 base $-88 +0.5pp $-161 +1.0pp $-235

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$69,988
Closing costs
$8,398
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1277 S Orlando Ave Unit 1290004P Cocoa Beach, FL 2.0 2.0 1108 $3,107 $2.80 16d 1 0.02mi
1251 S Atlantic Ave #201 Cocoa Beach, FL 3.0 2.0 1272 $2,800 $2.20 25d 1 0.07mi
1320 S Atlantic Ave Cocoa Beach, FL 2.0 1.0 966 $2,500 $2.59 25d 1 0.08mi
1305 S Atlantic Ave #120 Cocoa Beach, FL 2.0 2.0 1400 $3,000 $2.14 15d 1 0.11mi
1305 S Atlantic Ave #210 Cocoa Beach, FL 2.0 2.0 1475 $3,500 $2.37 15d 1 0.11mi
1340 S Orlando Ave Unit 1044490P Cocoa Beach, FL 3.0 2.0 1291 $6,166 $4.78 15d 1 0.12mi
1305 S Atlantic Ave Cocoa Beach, FL 2.0 2.0 1374 $3,050 $2.22 25d 4 0.12mi
1460 S Atlantic Ave Unit B Cocoa Beach, FL 2.0 1.0 1240 $2,000 $1.61 25d 1 0.25mi
1437 S Orlando Ave Unit 1437 Cocoa Beach, FL 3.0 2.0 960 $4,200 $4.38 16d 1 0.26mi
1550 S Atlantic Ave Apt N Cocoa Beach, FL 3.0 2.0 1000 $2,300 $2.30 21d 1 0.36mi
910 S Orlando Ave Cocoa Beach, FL 3.0 2.0 1242 $2,700 $2.17 25d 1 0.41mi
1630 S Atlantic Ave Unit 4 Cocoa Beach, FL 2.0 1.0 900 $1,700 $1.89 25d 1 0.45mi
801 S Brevard Ave Unit I Cocoa Beach, FL 1.0 1.0 712 $1,450 $2.04 25d 1 0.55mi
760 S Brevard Ave #416 Cocoa Beach, FL 2.0 2.0 1244 $2,800 $2.25 25d 1 0.62mi
754 S Orlando Ave #206 Cocoa Beach, FL 2.0 2.0 1150 $2,000 $1.74 23d 1 0.64mi
718 S Atlantic Ave Cocoa Beach, FL 1.0–2.0 1.0 750 $2,150 $2.87 25d 2 0.65mi
748 S Orlando Ave #512 Cocoa Beach, FL 2.0 2.0 1088 $2,000 $1.84 23d 1 0.71mi
2101 S Atlantic Ave Unit 1512344P Cocoa Beach, FL 2.0 2.0 1173 $3,978 $3.39 16d 1 0.73mi
2101 S Atlantic Ave #202 Cocoa Beach, FL 2.0 2.0 1100 $3,000 $2.73 16d 1 0.73mi
154 Crescent Beach Dr Unit 7 Cocoa Beach, FL 1.0 1.0 730 $1,800 $2.47 16d 1 0.90mi
171 24th St #101 Cocoa Beach, FL 2.0 2.0 1152 $2,475 $2.15 25d 1 0.93mi
418 S Atlantic Ave #2 Cocoa Beach, FL 2.0 2.0 1311 $2,000 $1.53 25d 1 1.02mi
4 Colonial Dr Cocoa Beach, FL 3.0 2.0 1479 $2,600 $1.76 25d 1 1.09mi
79 S Brevard Ave Unit 1389636P Cocoa Beach, FL 2.0 1.0 850 $2,796 $3.29 21d 1 1.44mi

HOA detail condo

Monthly dues
$555 · $6,660/yr
Likely covers
water
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 13 events

  1. 2025-09-10
    soldstatus $270,000
  2. 2025-09-05
    soldstatus $270,000 Closed 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  3. 2025-07-28
    status Pending
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  4. 2025-07-28
    status Pending 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  5. 2025-07-01
    listed $279,950 Active
  6. 2025-06-23
    price $279,950 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  7. 2025-06-22
    status Active 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  8. 2025-06-21
    historical 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  9. 2025-05-29
    price $299,950 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  10. 2025-02-24
    price $309,950 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  11. 2024-12-23
    listed $319,950 Active 1598-char remark
    Show marketing remark (1598 chars)

    Welcome to 1277 S Orlando Ave Unit 4B, a stunning 2-bedroom, 2-bathroom condo situated just one block from the beach. This move-in ready property combines modern comfort with the relaxed vibe of Florida's iconic Space Coast, offering an unparalleled lifestyle in the heart of Cocoa Beach. Step inside this beautifully maintained home, where you'll find an open and inviting layout bathed in natural light. The kitchen features contemporary finishes, abundant cabinet space, and a layout designed for easy living. The living and dining areas flow seamlessly, making it ideal for hosting friends or enjoying quiet evenings. Both bedrooms are generously sized, providing a comfortable retreat, while the updated bathrooms add a touch of luxury. Location is everything, and this condo delivers. Just a short stroll away, you'll find the pristine sands and azure waters of Cocoa Beach, perfect for sunbathing, surfing, or watching rockets launch into the sky. Explore the vibrant local scene with an array of activities at your fingertips. Indulge in fresh seafood at waterfront restaurants, peruse the unique shops along the downtown area, or visit the iconic Cocoa Beach Pier for breathtaking ocean views. Outdoor enthusiasts will appreciate kayaking in the Banana River Lagoon, fishing, or biking along scenic trails. Whether you’re seeking a tranquil coastal retreat or a vibrant hub of activity, this home has it all. Don’t miss your chance to live steps from the beach and experience everything Cocoa Beach has to offer. Schedule your showing today and start living your coastal dream!

  12. 2002-06-20
    soldstatus $72,000
  13. 1985-07-01
    soldstatus $52,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$1,146 · $95/mo
Projected year-2 tax
$2,324 · $194/mo
Expected delta
+$1,178/yr (+$98/mo · 102.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 93% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,620
− Mortgage interest
−$15,682
− Property taxes
−$1,146
− Insurance
−$2,197
− Repairs & maintenance
−$2,690
− Management
−$2,690
− HOA
−$6,660
− Depreciation
−$8,144
Taxable loss
−$5,588
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,341
After-tax cash flow
$281/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Brevard
NCES district ID
1200150
Math proficiency
53% ▼ -9.00%
Reading proficiency
57% ▼ -4.00%
Median HH income
$49,426
Composite
46.86/100
National rank
#2370
State rank
#19 of 73 in FL

Livability — Cocoa Beach

Score
71/100
State rank
#398
US rank
#7077

Category grades

Amenities F Commute F Cost of living C- Crime A+ Employment B Housing A Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Brevard County · 602,871 people
City population
14,174
Metro
Palm Bay-Melbourne-Titusville, FL
Population (ZIP)
14,174
Household income
$89,457
Rent vs Own
21.2% rent · 78.8% own
Severe rent burden
445.0

Population outlook (Brevard County) Hauer SSP2

Today (2025)
623,254 people
By 2030
648,420 · +4.0%
By 2040
690,009 · +10.7%
By 2050
715,669 · +14.8%
By 2075
775,744 · +24.5%
By 2100
776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 7% Hispanic / Latino 7% Black 2% Asian 1%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2% Cuban 1% Dominican 1%
Common ancestry
Romanian 5% Lithuanian 4% Italian 3%
Foreign-born
9% · Canada, Jamaica
Languages at home
88% English-only · Spanish 5% Other Indo-European 3% Russian/Polish/Slavic 1%

Political lean MEDSL · Brevard

2024 margin
Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
2008→2024 swing
-10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
All cycles
2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -249.02%
Current HPI
312.0196
Rent YoY
▲ 4.07%
Metro
Palm Bay-Melbourne-Titusville, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

+410.4% since first listed
13 events — show timeline
  • 2025-09-10 Sold (Public Records) $270,000 Public Records
  • 2025-09-05 Sold (MLS) $270,000 Stellar MLS as Distributed by MLS Grid
  • 2025-07-28 Pending SCMLS
  • 2025-07-28 Pending Stellar MLS as Distributed by MLS Grid
  • 2025-07-01 Listed $279,950 SCMLS
  • 2025-06-23 Price Changed $279,950 Stellar MLS as Distributed by MLS Grid
  • 2025-06-22 Relisted Stellar MLS as Distributed by MLS Grid
  • 2025-06-21 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-05-29 Price Changed $299,950 Stellar MLS as Distributed by MLS Grid
  • 2025-02-24 Price Changed $309,950 Stellar MLS as Distributed by MLS Grid
  • 2024-12-23 Listed $319,950 Stellar MLS as Distributed by MLS Grid
  • 2002-06-20 Sold (Public Records) $72,000 Public Records
  • 1985-07-01 Sold (Public Records) $52,900 Public Records

Property tax history

+2.8%/yr

Latest (2025): $1,146 · +11.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…