Ocean Terraces
Condos for Sale in Cocoa Beach, FL
All 207 homes for sale in Cocoa Beach, FL · median $550,000 · 164 condos for sale in Cocoa Beach · 224 homes for sale in 32931 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 7 closed sales in Ocean Terraces Condo in Cocoa Beach, FL since 2009, the most recent in April 2026. Across Cocoa Beach as a whole, 134 homes closed in the last 12 months at a median of $585,000, 53 median days on market, with 47 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $9,130 ($8,510 with the full homestead exemption).
Ocean Terraces is a small condo community in Cocoa Beach, and with no current amenity picture and no active pricing data in this snapshot, the honest read is that value here comes down to the individual unit. Floor, view, interior condition, and how the association is run will move price far more than any headline number, so treat each listing on its own terms rather than assuming a community-wide going rate.
For buyers, that means the work is in the details: pull the docs, read the reserves, and price the renovation you may need to do. For sellers, it means condition and presentation are your levers. Without a stack of comparable sales to lean on in this snapshot, a clean, well-documented unit is what earns a confident offer.
Nearby homes for sale
No active listings inside Ocean TerracesCondos for Sale in Cocoa Beach, FL 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Ocean Terraces is a condo address in Cocoa Beach, in the coastal Brevard market. With no community amenities identified from current MLS listings, this is a location-and-unit play more than an amenity play.
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.
Who Ocean Terraces Condo is best for.
Best for
- Coastal buyers who want a Cocoa Beach base and will evaluate a single unit on its merits
- Buyers with the budget and appetite to renovate an older unit to their own standard
- Long-hold owners comfortable underwriting association costs and reserve funding
Probably not for
- Buyers who want a full-amenity building with a pool, gym, or concierge
- Buyers who need a large, ground-up-new floor plan
- Buyers who want to skip the document review and reserve analysis
The market around Ocean Terraces Condo
Ocean Terraces Condo is too small for its own price trend, so here is the market around it.
In ZIP 32931, 270 homes are on the market and 17% are under contract — a slower corner of Cocoa Beach.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32931 (Cocoa Beach), 395 homes closed in the last 12 months at a median of $329K ($211/sq ft), up 3.2% year over year, with a median 39 days on market. Right now 91 active and 27 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 32931 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Ocean Terraces Condo specifically. Momentum Research analysis of MLS records.
The Ocean Terraces Condo buying strategy.
If we were buying in Ocean Terraces Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Ocean Terraces Condo.
What actually drives value at Ocean Terraces
Cocoa Beach is a barrier-island market, so the fundamentals that matter for any condo here apply squarely: proximity to the water, the specific unit's exposure and outlook, and the health of the association. Because no amenities surface from current listings, buyers should not pay for a resort experience they will not get — value should track the unit itself and its position within the building.
Coastal condos also carry cost realities worth verifying before you write an offer: insurance, structural reserve funding, and any pending assessments. Ask for the current budget, reserve study, and meeting minutes. In a small community these documents tell you more about your future carrying cost than the asking price does.
The location and the amenities are priced into every listing in Ocean Terraces Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this specific, generic advice fails. We read the association documents, verify what is and is not covered, and price a unit on its real condition rather than a rounded-off assumption. If the numbers do not work for your goals, we will say so before you are under contract.
Ocean Terraces Condo in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $1,300/month (about $15,600/yr) · median of 17 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $1,300 per month ($15,600 a year) — the median AssociationFee across 17 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Ocean Terraces Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Ocean Terraces Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Ocean Terraces Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Ocean Terraces Condo home worth?
Get a no-obligation home value based on real comparable sales in Ocean Terraces Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cocoa Beach →
Should you buy in Ocean Terraces Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2009 (7 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Ocean Terraces Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Ocean Terraces
Where is Ocean Terraces?
Ocean Terraces is a community in Cocoa Beach, Brevard County, Florida, ZIP 32931.
Are there homes for sale in Ocean Terraces right now?
No active listings inside Ocean Terraces at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Ocean Terraces have an HOA or CDD?
No HOA is on record for Ocean Terraces in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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