Magnolia Bay
Condos for Sale in Cocoa Beach, FL

All 201 homes for sale in Cocoa Beach, FL · median $565,000 · 161 condos for sale in Cocoa Beach · 208 homes for sale in 32931 · Brevard County homes for sale

Community in Cocoa Beach · Brevard County · ZIP 32931
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Built fromLive Space Coast MLS dataUpdated twice daily

As of November 2026, the MLS records 1 closed sale in Magnolia Bay Condo Ph Iii in Cocoa Beach, FL, the most recent in July 2026. Across Cocoa Beach as a whole, 52 homes closed in the last 12 months at a median of $450,000, 59 median days on market, with 210 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,020 ($6,400 with the full homestead exemption).

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 18, 2026

Magnolia Bay Condo Ph III is a small condominium community in Cocoa Beach, and the honest starting point is that the data here is thin: closings have been sparse in the recent window, and no shared amenities surface from current MLS listings. That means price is driven less by a marketable amenity package and more by the specifics of each unit — floor level, layout, condition, and how close you are to the water and the beach.

With so few recent transactions, neither buyer nor seller should anchor to a single comp as if it sets the market. Expect a wider spread between well-updated units and those needing work, and expect pricing conversations to lean heavily on condition and the particular unit rather than on community-wide trends. Patience and a careful read of each listing matter more here than momentum in the broader Cocoa Beach market.

Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside Magnolia Bay right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

2022 Julep Drive #201
$750K · 0.0 mi away
3 bd · 3 ba · 2,455 sqft
2022 Julep Drive #201
Listed by Century 21 Ocean
2022 Julep Drive #102
$685K · 0.0 mi away
3 bd · 3 ba · 2,108 sqft
2022 Julep Drive #102
Listed by Coldwell Banker Realty
2001 Julep Drive #206
$785K · 0.1 mi away
3 bd · 3 ba · 2,455 sqft
2001 Julep Drive #206
Listed by One Sotheby's International
1800 S Orlando Avenue #18
$200K · 0.2 mi away
2 bd · 1.5 ba · 1,024 sqft
1800 S Orlando Avenue #18
Listed by Keller Williams Space Coast
1915 S Atlantic Avenue #202
$1.30M · 0.2 mi away
3 bd · 3.5 ba · 2,580 sqft
1915 S Atlantic Avenue #202
Listed by RE/MAX Aerospace Realty
1835 S Atlantic Avenue #401
$799K · 0.2 mi away
3 bd · 2 ba · 2,000 sqft
1835 S Atlantic Avenue #401
Listed by Veterans Realty Of Brevard

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Magnolia Bay Condo Ph III is a modest condo community in Cocoa Beach, Brevard County, where the appeal is location and the individual unit rather than a roster of shared amenities. With limited recent sales, it trades on a case-by-case basis.

Space Coast MLS sales records identify 45 homes in Magnolia Bay Condo that have changed hands since 2010, built between 2006 and 2007 (median 2006), with a median living area of about 2,183 sq ft and a typical 3-bedroom, 3-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers seeking a low-maintenance Cocoa Beach condo who will weigh a unit on condition and location, not amenities
  • Cash or well-qualified buyers prepared to scrutinize association reserves and pending assessments before committing
  • Buyers with a flexible timeline who can wait for the right unit in a quiet, low-turnover community

Probably not for

  • Buyers who need a large pool of recent comps to feel confident about pricing
  • Buyers wanting resort-style shared amenities like a pool, fitness room, or clubhouse
  • Buyers on a tight timeline who can't wait for limited inventory to come to market

The market around Magnolia Bay Condo

Magnolia Bay Condo is too small for its own price trend, so here is the market around it.

In ZIP 32931, 247 homes are on the market and 15% are under contract — a slower corner of Cocoa Beach.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

In ZIP 32931 (Cocoa Beach), 31 homes closed in the last 12 months at a median of $499K ($278/sq ft), with a median 56 days on market. Right now 16 active and 5 pending listings put supply at about 6.2 months — a buyer's market. See the live ZIP 32931 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Magnolia Bay Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Magnolia Bay Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Magnolia Bay Condo.

Best Buy
Buyers who want a Cocoa Beach condo footprint and are comfortable evaluating a single unit on its own merits.
Biggest Risk
A thin transaction history makes pricing and comps harder to read.
Sweet Spot
A well-maintained unit with clean association financials bought after careful due diligence.
Avoid If
You need deep comp data or a community with pools, gyms, or other shared amenities.

A thin-data condo market

The defining feature of this community right now is scarcity of data. A short closings window and no amenities identified from current listings mean there is no clean, community-wide price signal to lean on. In practice, value comes down to the unit in front of you — how it's been maintained, how it's laid out, and what it offers relative to the Cocoa Beach coastline nearby.

For a buyer, that argues for evaluating each listing on its own merits and scrutinizing the condo association's financials, reserves, and any pending assessments, since those factors carry real weight when amenities aren't doing the selling. For a seller, condition and presentation are the levers you control; in a market this quiet, a well-prepared unit stands out more than it would in a busier community.

“

The location and the amenities are priced into every listing in Magnolia Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin-data communities are exactly where local judgment earns its keep. With few recent closings to anchor a number, we build the picture from unit condition, association health, and comparable Cocoa Beach condo activity rather than a single stale comp — and we'll tell you plainly when a listing is priced on hope instead of substance.

Magnolia Bay Condo in 15 seconds.

Best forBuyers who want a Cocoa Beach condo footprint and are comfortable evaluating a single unit on its own merits.
Biggest advantageCoastal Cocoa Beach location with no amenity premium baked into pricing.
Biggest riskA thin transaction history makes pricing and comps harder to read.
Sweet spotA well-maintained unit with clean association financials bought after careful due diligence.
Avoid ifYou need deep comp data or a community with pools, gyms, or other shared amenities.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Bay Condo sales matched to your home.

What is your Magnolia Bay Condo home worth?

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Real comps, not an automated estimate.
Buyers seeking a low-maintenance Cocoa Beach condo who will weigh a unit on condition and location, not amenitiesExcellent fit
Cash or well-qualified buyers prepared to scrutinize association reserves and pending assessments before committingExcellent fit
Buyers with a flexible timeline who can wait for the right unit in a quiet, low-turnover communityExcellent fit
Buyers who need a large pool of recent comps to feel confident about pricingProbably not
Buyers wanting resort-style shared amenities like a pool, fitness room, or clubhouseProbably not
Buyers on a tight timeline who can't wait for limited inventory to come to marketProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-11-08
Historical depthClosed-sale records back to 2026 (1 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Housing distress & ownership in Magnolia Bay Condo Ph Iii, Cocoa Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 4 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-11-08)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Magnolia Bay with Momentum Realty’s local guides.

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